Ashland Global Holdings Inc. (Wilmington, Del.) announced that it has signed a definitive agreement to sell its Avoca business to Mane SA (Le Bar-sur-Loup, France), a global producer and supplier of fragrances and flavors. The transaction is expected to close…
BASF SE (Ludwigshafen, Germany) has signed an agreement with Karl Bachl Kunststoffverarbeitung GmbH & Co. KG (BACHL) for the sale of its business with Styrodur, an insulation material made from extruded polystyrene (XPS). BACHL is one of the leading manufacturers…
Perstorp AB (Malmö, Sweden) a wholly-owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), will serve growing specialty fluids markets from its new site in Amsterdam. In December 2024 Perstorp announced the acquisition of an ester plant, located outside Amsterdam in…
Covestro AG (Leverkusen, Germany) is investing a low triple-digit million Euro amount to expand its site in Hebron, Ohio. It will construct multiple new production lines and infrastructure to manufacture customized polycarbonate compounds and blends and significantly expand its capacity…
Hiring hesitancy, cultural shifts, new labor laws and artificial intelligence are several factors that are impacting the engineering workforce The engineering labor landscape is evolving, presenting a range of challenges and opportunities for organizations. From the introduction of new labor…
Covestro AG (Leverkusen, Germany) is collaborating with logistics expert DB Cargo BTT for a more efficient and sustainable transport of chemicals to and within Poland. In particular the transport of methylene diphenyl isocyanate (MDI), a chemical raw material used in…
Phillips 66, Inc. (Houston) announced that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC…
ABB, Inc. (Zurich, Switerland) is investing in a strategic partnership with Edgecom Energy, the Toronto-based energy management startup. The company’s unique energy management platform uses artificial intelligence to help industrial and commercial users manage and reduce peaks in their power…
Imerys S.A. (Paris) has completed the acquisition of the European diatomite and perlite business of Chemviron, a subsidiary of Calgon Carbon Corporation. In 2024, this business generated approximately €50 million in revenue and employed around 130 people. Thanks to this…
In late December, the U.S. Department of Energy (DOE; Washington, D.C.; www.energy.gov) announced $179 million in funding for three Microelectronics Science Research Centers (MSRCs). These three MSRCs will perform basic research in microelectronics materials, device and system design, and manufacturing…