Fives (Paris, France), an international leader in industrial engineering, strengthens its capabilities with the acquisition of ProSim (Labège, France), an expert in process simulation and optimization. This acquisition will enable Fives companies to enhance the simulation of their equipment in…
Albemarle Corporation (Charlotte, N.C.) announced that the U.S. Department of Defense has approved a $90 million grant to help support the expansion of domestic mining and the production of lithium for the nation's battery supply chain. The funding will be…
Protein design company Arzeda (Seattle, Wash.), announced that it has entered a joint development agreement with W. L. Gore & Associates (Newark, Del.)s, a global leader in advanced materials science, following the success of the companies' initial collaboration announced in…
BASF SE (Lugwigshafen, Germany) and Nanotech Energy, a worldwide leader in the field of graphene-based energy storage products, have agreed to partner to significantly reduce the CO2 footprint of Nanotech’s lithium-ion batteries for the North American market. The agreement aims…
Emerson (St. Louis, Mo.) announced a definitive agreement to acquire Afag Holding AG (Afag), an innovative leader in electric linear motion, feeding and handling automation solutions. Headquartered in Zell, Switzerland, Afag brings state-of-the-art technology and innovation to Emerson. The transaction…
Repsol S.A. (Madrid, Spain) has agreed to sell its oil-and-gas assets in Canada to Peyto for $468 million (approximately €433 million) as part of its ongoing portfolio management to focus activity on core regions. The agreement encompasses all the mineral…
Evonik Industries (Essen, Germany) has completed the relocation and expansion of its precious metal powder catalyst plant in Shanghai Chemical Industrial Park (SCIP). Production is scheduled to commence in Q4, 2023. Precious metal powder catalysts are widely used in industrial…
Elessent Clean Technologies (Elessent, formerly DuPont Clean Technologies) announced the signing of license and engineering contracts with Trafigura for the construction of a state-of-the-art 125 Sm3/h (18,870 BPSD) IsoTherming diesel hydrotreater at the Bahía Blanca Refinery located in Argentina. The…
Air Products (Lehigh Valley, Pa.) has been chosen by the city of Montreal to supply oxygen equipment to support an ozone generation site that will remove impurities from wastewater at the Jean-R-Marcotte Wastewater Treatment Plant, one of the largest wastewater treatment…
AGC (Tokyo) has announced that it succeeded in developing a new production technology for sulfide electrolytes used in all-solid-state batteries. AGC will continue to improve the process for future mass production and the quality of the solid electrolytes for commercialization.…