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…
Air Products (Lehigh Valley, Pa.) announced that it has acquired from Air Liquide the following businesses: Air Liquide Emirates for Industrial Gases LLC (ALEMIR) and Orca Industrial Gases LLC, which includes liquid bulk, packaged gases and specialty gases of Air…
KBR, Inc. (Houston) announced that it has been awarded a contract for its ROSE supercritical Solvent De-Asphalting (SDA) technology and Vacuum Distillation Unit (VDU) from Taiwan's state-owned oil company, CPC Corporation. Under the terms of the contract, KBR will provide…
Archer-Daniels-Midland Co. (ADM; Chicago) announced a growth investment to add the ability to process non-GMO soybeans at its oilseed facility in Mainz, Germany. "A key pillar of our growth strategy is our expanding portfolio of differentiated products, which are powering…
ArcelorMittal has signed an agreement to acquire an 80% shareholding in voestalpine’s world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas. voestalpine will retain the remaining 20%. The transaction values the Corpus Christi operations at $1 billion and…
MilliporeSigma, the U.S. and Canada life science business of Merck KGaA, Darmstadt, Germany a leading science and technology company,announced the acquisition of MAST (Modular Automated Sampling Technology) platform from Lonza AG (Basel, Switzerland). The MAST platform is an automated, aseptic…