Honeywell International, Inc. announced that it has agreed to acquire Sundyne (Arvada, Colo.) from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This represents approximately 14.5x 2024 EBITDA on a tax-adjusted basis. Sundyne is a leader…
Idemitsu Kosan Co.,Ltd. (Tokyo) has decided to construct a large-scale production facility for lithium-sulfide (Li2S), a material used in all-solid-state lithium-ion rechargeable batteries. The company will expand production capacity of lithium sulfide, an important intermediate raw material for solid electrolytes,…
LyondellBasell Industries N.V. (LYB; Rotterdam, the Netherlands) announced an investment to expand propylene production capacity at its Channelview Complex near Houston. Groundbreaking and construction are expected to begin in the third quarter of 2025, with a projected startup in late 2028.…
Plant Watch LG Chem set to commence production of bio-based acrylic acid February 13, 2025 — LG Chem Ltd. (Seoul, South Korea; www.lgchem.com) will commence the production of bio-based acrylic acid in the second quarter of 2025, with plans to…
Advanced technologies help pharmaceutical and semiconductor producers achieve excellence Chemical processors are under increased pressure to achieve operational excellence, which involves a balance of increasing yield, improving quality and reducing waste, while also cutting operational costs. Processors in high-purity industries…
Absorption and stripping are important mass-transfer operations within the chemical process industries (CPI). This one-page reference provides some basic information on the principles and applications of stripping and absorption in industrial chemistry settings. General operation In absorption, a solute from…
Biological air-cleaning systems are an effective alternative to filtration and activated carbon in many industrial applications, especially those with ultrafine particles or highly toxic contaminants Companies must maintain high air-quality standards, both indoors and outdoors, to ensure continued quality control…
As the “Industry 4.0” revolution progresses, the convergence of IT systems with OT systems presents significant security risks. Presented here are strategies to bridge the divide between the two areas and secure plant operations The convergence of information technology (IT)…
Respondents to a Q4 2024 survey of industrial leaders conducted by the ARC Advisory Group (Dedham, Mass.; www.arcweb.com) ranked artificial intelligence (AI) first, by a relatively large margin, among the digital technologies that they expect to be the most impactful…
A pilot plant intended to manufacture silica aerogel products for different applications, including spray insulation, is being planned by the company Aeroskin Tech AG (Zurich, Switzerland; www.aeroskintech.com). Aerogels are dried gels that maintain their volume when dried, and have nanoscale…