Solvay S.A. (Brussels, Belgium) announced that its Changshu, China site has significantly increased production capacity for Solef PVDF, demonstrating the Group’s commitment to meeting the needs of customers worldwide. Solvay continues to extend its leadership position in the global lithium-ion battery market with…
Siemens AG (Munich, Germany) is further expanding its portfolio in the field of innovative predictive maintenance and asset intelligence with the acquisition of Senseye. The global industrial analytics software company is headquartered in Southampton, U.K. Senseye is a leading provider…
BASF SE (Ludwigshafen, Germany) has completed a double-digit million euro investment to increase production capacity for Tinopal CBS optical brighteners at its site in Monthey, Switzerland. Following phase one of the stepwise capacity increase in 2021, the recent completion of…
Evonik Industries AG (Essen, Germany) has expanded its manufacturing capacity for the production of TEGOSOFT MM MB (Myristyl Myristate) beginning 1 June 2022. By starting the manufacture of this valuable product at its Care Solutions organics plant in Shanghai, China,…
Air Products (Lehigh Valley, Pa.) announced the signing of a long-term supply agreement with Indian Oil Corp. Ltd. (IOCL; New Delhi), India’s national oil company. Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen,…
Wacker Chemie AG (Munich, Germany), along with mk2 Biotechnologies and the Technical University of Munich (TUM), announced their joint project targeting the development, large-scale production and purification of antimicrobial peptides (AMPs) for diverse applications. The project will run for two…
Chevron Phillips Chemical (CPChem; The Woodlands, Tex.) announced new plans to expand its polyalphaolefins (PAO) business with the construction of a new unit in Beringen, Belgium. Once local permits are approved, this significant investment will double the company’s PAO production…
Technip Energies (Paris) has been awarded a Bankable Feasibility Study (BFS) contract by Viridian Lithium for the construction of the first lithium refining and conversion plant in Europe. Located in Lauterbourg, France, the plant will produce up to 100,000 tons…
Repsol S.A. (Madrid, Spain) will invest 105 million euros in the Puertollano Industrial Complex to build the first plant in the Iberian Peninsula capable of manufacturing ultra-high molecular weight polyethylene (UHMWPE), a material considered a 'super polymer' due to its…
Borealis Group (Vienna, Austria) has received a binding offer from AGROFERT, a.s. for the acquisition of Borealis’ nitrogen business including fertilizer, melamine and technical nitrogen products. The offer values the business on an enterprise value basis at €810 million. AGROFERT…