Linde plc (Guildford, U.K.) announced that it has signed agreements to de-captivate two air separation units (ASUs) and expand its existing supply of industrial gases to Tata Steel Ltd. in Odisha, India. Linde already supplies industrial gases from its existing…
BASF SE (Ludwigshafen, Germany) is strengthening its styrene value chain at its Ludwigshafen site by expanding the production capacity of Neopor by 50,000 metric tons per year (m.t./yr). This increase is aimed at meeting the growing market demand for the…
Southwest Research Institute (SwRI; San Antonio, Tex.) broke ground on a new 21,000-square-foot Clinical Supply Facility to support government and industry clients with integrated pharmaceutical and bioengineering research and development. “The new facility expands our bioengineering laboratory footprint and adds…
Avantium N.V. (Amsterdam, The Netherlands) announced the official opening of its FDCA Flagship Plant in Delfzijl, the Netherlands. The plant opening was officiated by Her Majesty Queen Máxima of the Netherlands, in the presence of (intern)national and local dignitaries, partners…
Vitol B.V. (Geneva, Switzerland) has agreed to acquire Singpore-based Noble Resources Trading Ltd. for an purchase price equivalent to $0.63 per share on a debt free/cash free basis subject to customary conditions precedent. Noble Resources is one of Asia’s leading…
Wood plc (Aberdeen, Scotland) will support Australian ASX-listed medical device company, PolyNovo Limited (PolyNovo), to significantly increase production capacity of its wound treatment medical devices. Under the detailed design contract, Wood will deliver a new cleanroom facility to produce BTM, SynPath…
PPG (Pittsburgh Pa.) announced that it has reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor. The…
Lyten (San Jose, Calif.) announced plans to invest more than $1 billion to build what is said to be the world’s first Lithium-Sulfur battery gigafactory. The facility will be located near Reno, Nevada, and will have the capability to produce…
MOL Group (Budapest, Hungary) signed a Memorandum of Understanding with Turkish Petroleum Corporation (TPAO) in Istanbul to cooperate as strategic partners in the exploration and production of hydrocarbons. The companies agreed to elevate their cooperation to a new level after…
Phillips 66, Inc. (Houston) announced today that its subsidiary, Phillips 66 Limited, has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG (CMA) to its Swiss joint venture partner. It will receive…