LG Energy Solution (Seoul, South Korea) announced that it has completed the acquisition of NEC Energy Solutions, a grid battery integrator based in the U.S. to expand its Energy Storage System (ESS) business offerings. The battery manufacturer has fully acquired…
Mitsubishi Chemical Corp. (MCC; Tokyo) has decided to transfer all of its shares of Lucite International Japan Co., Ltd. to Midorikawa Chemical Industry Co., Ltd. Lucite Japan was established as an acrylic composite material production and sales base in Japan…
Kurita Water Industries Ltd. (Tokyo) announced that it has completed construction of a new manufacturing building at its Toyoura Plant in Shimonoseki-shi, Yamaguchi, Japan, and operations have already begun. This new facility is being used to refine functional materials such…
Solvay S.A. (Brussels, Belgium) announced an expansion plan for its U.S.-based sulfone business, which focuses on polymer solutions for various critical life science applications, as part of its ongoing commitment to build capacity in this field to support a growing…
Celanese Corp. (Dallas, Tex.) announced the signing of a definitive agreement to acquire a majority1 of the Mobility & Materials (M&M) business of DuPont (Wilmington, Del.) for $11.0 billion in cash. Celanese will acquire a broad portfolio of engineered thermoplastics…
Lummus Technology (Houston) announced that Shandong Yulong Petrochemical Co., Ltd., a subsidiary of China's Nanshan Group, has selected its CDAlky technology for use in a new 400,000 ton/yr alkylation unit. The unit will be part of Shandong Yulong's 20,000 KTA Refining…
Solvay S.A. (Brussels, Belgium) has entered into an agreement to license its leading-edge hydrogen peroxide (H2O2) technology to Hubei Sanning Chemical Industry Co. Ltd. for its 500,000 ton/yr caprolactam facility with a planned launch by end of 2023. “This is…
Shin-Etsu Chemical Co., Ltd. (Tokyo) will implement over ¥80 billion ($693 million) in facility investments for its silicones business, one of its main businesses, with the aim of further expanding and strengthening this business. As a result of the announcement…
Asahi Kasei Corp. (Tokyo, Japan) announced that Asahi Kasei Medical has will expand the production capacity of Planova filters by constructing a new assembly plant in Nobeoka, Miyazaki, Japan. The new plant will be designed to realize a smart factory…
Thermo Fisher Scientific Inc. (Waltham, Mass.) is investing $40 million to expand its single-use technology (SUT) manufacturing facility in Millersburg, Pa. The expansion is part of the company’s $650 million multi-year investment, announced last year, to help ensure flexible, scalable…