Arkema SA (Colombes, France) announced the proposed divestment of Febex, a company specialized in phosphorus-based chemistry, to Belgian group Prayon S.A. (Engis, Belgium). Arkema thus continues its dynamic business portfolio management. Febex is a global player in phosphorus derivatives (high…
Solenis (Wilmington, Del.) a $40-million research and development expansion located in Wilmington. In response to increasing market demand for its sustainability-focused products and expertise and with an eye toward long-term growth, Solenis will expand its R&D operations with a move…
Fluor Corp. (Irving, Tex.) was awarded a reimbursable front-end engineering and detailed design, engineering and procurement services contract for Imperial as the company progresses plans to develop a world-class renewable diesel complex at its Strathcona refinery near Edmonton, Alberta, Canada.…
Albemarle Corporation (Charlotte, N.C.) announced that its subsidiary, Albemarle Lithium UK Limited, has completed the acquisition of Guangxi Tianyuan New Energy Materials Co., Ltd. (Tianyuan) for approximately $200 million. A definitive agreement to acquire all outstanding equity from Tianyuan's shareholders…
Cashco, Inc. (Ellsworth, Kansas) has won a statewide award for Manufacturing/Distribution by the Kansas Department of Commerce for the 2022 To the Stars: Kansas Business Awards. The annual awards program recognizes businesses across the state for the valuable contributions they…
ICL Group (Tel Aviv, Israel), a leading global specialty minerals company, plans to build a $400-million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis. This is expected to be the first large-scale LFP material manufacturing…
Par Pacific Holdings, Inc. (Houston) announced that it has signed a definitive agreement to acquire the 63,000-bbl/d Billings refinery and associated marketing and logistics assets (collectively, the Billings Assets) from ExxonMobil Corp. (Houston) and two of its subsidiaries for a…
Linde plc (Guildford, U.K.) announced it has expanded its existing long-term agreement for the supply of industrial gases with Jindal Stainless Limited (JSL), one of the largest stainless steel producers in India. Linde already supplies oxygen, nitrogen and argon to…
Evonik Industries AG (Essen, Germany) announced that it is selling its triacetonamine (TAA) derivatives business to Italian company SABO. With the acquisition, SABO acquires the two production sites in Marl, Germany and Liaoyang, China. With the sale of its TAA…
Clariant AG (Muttenz, Switzerland) will create a second production line at its new CHF 60 million state of the art facility for Exolit OP halogen-free flame retardants currently under construction in Daya Bay, China. This additional CHF 40 million investment…