Solvay S.A. (Brussels, Belgium) announced the production of its new solvent, Rhodiasolv IRIS, which has beneficial eco-friendly properties. Previously manufactured in China, this solvent will now be produced from 2023 onwards at Solvay's Melle site in France. Rhodiasolv IRIS is efficient, non-flammable, readily…
Linde plc (Guildford, U.K.) announced it has signed another long-term agreement with a major space launch company in Florida for the supply of bulk industrial gases. Linde will supply the customer with liquid oxygen and nitrogen from its air separation…
LyondellBasell (Rotterdam, the Netherlands) announced its decision to cease operation of its Houston Refinery no later than December 31, 2023. In the interim, the Company will continue serving the fuels market, which is expected to remain strong in the near-term,…
Dow (Midland, Mich.) announced plans to expand its global alkoxylation capacity in the U.S. and Europe to meet increasing demand across a wide range of fast-growing end-markets where the Company is delivering 10% to 15% annual growth rates, from home…
KBR, Inc. (Houston) announced that it has been awarded a 7-year contract with an option to extend for another 3 years, for the provision of General Maintenance Services (GMS) by Saudi Aramco TOTAL Refining and Petrochemical Company (SATORP), for its…
Royal DSM N.V. (Herleen, the Netherlands) has reached an agreement to sell its Protective Materials business to Avient Corp. (Cleveland, Ohio) for an Enterprise Value of €1.44 billion. The proposed transaction includes all of DSM’s Protective Materials activities, chiefly consisting…
Thermo Fisher Scientific Inc. (Waltham, Mass.) announced the opening of its new single-use technology manufacturing site in Ogden, Utah. The state-of-the-art facility creates additional capacity to produce the high-quality technology and materials needed for the development of new vaccines and…
Archer-Daniels-Midland Co. (ADM; Chicago) will invest approximately $300 million to significantly expand its Decatur, Illinois, alternative protein production, as the company continues to add capacity to meet strong demand growth. ADM will further enhance its alternative protein capabilities by opening…
Linde plc (Guildford, U.K.) announced that it is expanding its La Porte, Texas, facility, effectively doubling the facility’s merchant liquid production capacity. Starting up in 2024, the increased capacity will help Linde to meet growing demand from the petrochemicals, clean…
Viva Energy Group Ltd. has agreed to acquire LyondellBasell Australia (LBA), a Geelong-based national polymer manufacturer and distributor which has its production facility located inside the footprint of Geelong Refinery. This will be a key step in the development of…