PT Chandra Asri Petrochemical Tbk (Chandra Asri; Jakarta, Indonesia) and Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, have signed a Memorandum of Understanding (MoU) to collaboratively develop a world-scale chlor-alkali plant in Indonesia. INA, along with other potential international…
LG Chem (Seoul, South Korea) is reinforcing its battery materials supply chain by joining hands with China’s Huayou Cobalt to build a precursor plant in Saemangeum National Industrial Complex, located 230 kilometers southwest of Seoul, Korea. LG Chem announced that…
Competitiveness in the modern commercial environment increasingly depends on leveraging digitalization technologies and approaches, including advanced data analytics, artificial intelligence, sensor and device connectivity, edge- and cloud-computing strategies, augmented reality, and others. Focused on the chemical process industries (CPI) and…
Emerson Electric Co. (St. Louis, Mo.) and National Instruments Corp. (NI; Austin, Tex.) announced that they have entered into a definitive agreement under which Emerson will acquire NI for $60 per share in cash at an equity value of $8.2…
Evonik Industries AG (Essen, Germany) is doubling its global capacity for VESTAMID E polyether block amide (PEBA), with a twofold approach, including a major expansion of its production plant at the Multi-User-Site (MUSC) in Shanghai, and an optimization project at…
Toray Industries, Inc. (Tokyo) has developed what is said to be the world’s first mass-production technology for rare-earth-free zirconia balls. The highly durable balls could grind and mill ceramic materials for multilayer ceramic capacitors (MLCCs) and electrode materials for lithium-ion…
Sulzer Ltd. (Winterthur, Switzerland) has signed an agreement with JTC Corporation, the master planner and developer of Singapore’s industrial infrastructure, to build and operate a new research center for its separation technology solutions. The new facility will be located at…
Metso Outotec Oy (Helsinki, Finland) has inaugurated the extended manufacturing capacity of large screening equipment in Sorocaba, Brazil. The total Sorocaba production capacity will grow from 250 to 500 units per year, covering among other things the high-performance energy and…
Clariant AG (Muttenz, Switzerland) announced the grand opening of its new CATOFIN catalyst production site in Jiaxing, Zhejiang Province, China. Investing in innovations such as CATOFIN is a core element of Clariant’s new purpose-led strategy, as expressed in the statement…
EMD Electronics, the Electronics business of Merck KGaA (Darmstadt, Germany) in the U.S. and Canada, announced an agreement with the Commonwealth of Pennsylvania to support expansion plans at its semiconductor manufacturing site in Hometown. This expansion is part of the…