Hexion Holdings Corp. (Columbus, Ohio) has completed the expansion of its Missoula, Montana site in support of its ArmorBuilt Wildfire Shield product. This expansion was first announced in February 2022. Hexion’s ArmorBuilt Fire Protection product offers a durable, fire mitigation…
ExxonMobil Corp. (Houston) has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution terminals, and a network of Esso-branded retail stations, delivering on its commitment to strengthen value and…
Borealis AG (Vienna, Austria) has acquired a majority stake in Renasci N.V., a Belgium-based provider of innovative recycling solutions and the creator of the novel Smart Chain Processing (SCP) concept. Borealis announced a supply agreement with Renascil Borealis now announces…
LG Chem (Seoul, South Korea) announced that it entered into an MOU for building a resource-circulation system by recycling marine wastes with NETSPA, a leading company in resource circulation. Through this MOU, LG Chem will be able to stably secure…
Entegris, Inc. (Billerica, Mass.) announced plans to increase production and purification capacity for its Pueblo, Colorado, and Hollister, California, sites to support the anticipated increase in demand for its Electronic Chemicals business. Last month, the company announced plans to build…
The Chemours Co. (Wilmington, Del.) announced a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to be located at Chemours’ manufacturing facility in Villers-Saint-Paul, France. Chemours’ investment builds on the existing efforts…
Olin Corp. (Clayton, Mo.) and Mitsui & Co., Ltd. (Tokyo) announced that the Blue Water Alliance JV, LLP has received all necessary regulatory approvals and it is beginning operations. Announced in March 2022, Blue Water Alliance (BWA) is a joint…
BASF SE (Ludwigshafen, Germany) has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022. The company will increase production capacity to approximately 600,000…
AVN Corp. (South Charleston, W.V.) announced it has completed the transaction to acquire Mid-Atlantic Technology & Innovation Center (MATRIC), a strategic research and development (R&D) partner for companies in the chemicals and advanced software technologies industries. AVN acquired all of…
PJSC Lukoil (Moscow, Russia) announced that Litasco S.A., a 100% subsidiary of Lukoil, and G.O.I. Energy Ltd. reached an agreement regarding the sale of ISAB S.r.L to G.O.I. ENERGY. The transaction is planned to be completed by the end of…