Evonik Industries AG (Essen, Germany) has modernized and expanded probiotics production at its site in León, Spain, laying the foundations for further growth in the Gut Health Solutions business. The capacity for producing Ecobiol, Fecinor and GutCare has been more…
Digital quantum-computing company SEEQC (Elfsford, N.Y.) and BASF SE (Ludwigshafen, Germany) announced a partnership to explore the application of quantum computing in chemical reactions. This research will specifically explore the potential of quantum in dissolved catalysts, otherwise known as homogeneous…
3 Rivers Capital (Pitt has acquired Magnum Systems (Lenexa, Kan.) marking the Pittsburgh-based private equity firm’s first investment in the Industrial Automation industry. “Our acquisition of Magnum Systems reflects 3 Rivers Capital’s thesis-driven investment strategy focused on the Industrial Automation…
Arlanxeo (Maastricht, the Netherlands) announced the opening of a new polybutadiene (BR) production line in Brazil. The new production line supplements Arlanxeo’s existing production capacity in Brazil with an additional 65,000 metric tons per year (m.t./yr), and reinforces the company’s…
INEOS Olefins Belgium has announced it has raised €3.5 billion to support the construction and operation of what is said to be the most environmentally sustainable cracker in Europe, Project ONE. This is the largest investment in the European chemical…
Umicore N.V. (Brussels, Belgium) is starting the industrialization of its leading manganese-rich HLM (high lithium, manganese) cathode active materials (CAM) technology and targets commercial production and use in electric vehicles (EVs) in 2026. This major milestone introduces a distinctly competitive…
Técnicas Reunidas S.A. (TR; Madrid, Spain) announced that it is leading the development of a research project focused on the recovery of minerals and metals considered as critical raw materials, key for the technology sector and the ecological transition. The…
Century Lithium Corp. has announced its collaboration with Koch Technology Solutions (KTS), a Koch Engineered Solutions (KES) company, in the application of the Li-Pro process for direct lithium extraction (DLE) at Century Lithium's Lithium Extraction Facility pilot plant in Amargosa…
Indorama India Ltd., which is engaged in the production & marketing of the Inviya brand of spandex since 2012, commenced commercial production of its third manufacturing facility at Baddi in Himachal Pradesh on February 4th, 2023. The commencement of the…
Yokogawa Electric Corp. (Tokyo) announced the acquisition of Fluence Analytics, Inc. (Houston), a startup that provides real-time analytics solutions to polymer and biopharmaceutical companies worldwide. Since signing investment and collaboration agreements in 2021, the two companies have been exploring potential…