BASF SE (Ludwigshafen Germany) announced that its Petrochemicals division has completed its upgrades for Superabsorbent Polymers (SAP) after a $19.2 million investment into its Freeport, Texas site. The project, which began in 2023, involved the installation of new equipment to…
Air Liquide S.A. (Paris) will invest around $150 million to expand its production capacity and pipeline network in Tennessee, in the context of a new long-term contract with LG Chem Ltd. (Seoul, South Korea). Supplying oxygen to LG Chem’s future…
The Mitsubishi Chemical Group (MCG Group; Tokyo) has decided to increase its production capacity of ion-exchange resins used to produce ultrapure water for use in semiconductor manufacturing processes at Mitsubishi Chemical’s Kyushu-Fukuoka Plant in Kitakyushu City, Fukuoka Prefecture, Japan. The…
Toyo Engineering Corp. (Tokyo) has been awarded the front-end engineering design (FEED) contract for an ethanol to ethylene production facility by Braskem Siam Company Ltd. This company is a joint venture between Braskem S.A. (São Paulo, Brazil) and SCG Chemicals…
CB&I (Houston) has been awarded a sizeable lump sum contract by the Saipem Clough joint venture for engineering, procurement and construction (EPC) of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilizers Urea Plant located on the…
Evonik Industries AG (Essen, Germany) is reorganizing two business lines to strengthen their growth prospects. Coating & Adhesive Resins and Health Care will focus on and concentrate future investments in their respective core businesses. The remaining businesses outside these cores…
Solvay S.A. (Brussels, Belgium) announced the official inauguration of its regenerative thermal oxidation (RTO) process at its Green River, Wyoming plant, marking a key milestone in the Group’s global efforts to reduce greenhouse gas emissions and drive sustainable growth. This…
AGC Biologics announced the successful completion of the final milestone at a new manufacturing facility at the company's Copenhagen site. The site received authorization and a license to begin production from the Danish Medicines Agency for the new four-story 19,000…
Rio Tinto plc (London) and Arcadium Lithium plc (Philadelphia, Pa.) announced a definitive agreement (the Transaction Agreement) under which Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share. The Transaction represents a premium of 90% to…
McDermott International, Ltd. (Houston) announced it has entered into an agreement to sell its CB&I storage business (CB&I) to a consortium of financial investors led by Mason Capital Management. Under the terms of the agreement, McDermott expects to receive $475…