Royal DSM N.V. (Herleen, the Netherlands) has reached an agreement to acquire the flavor and fragrance (F&F) bio-based intermediates business of Amyris, Inc. (Emeryville, Calif.), which extends DSM’s offerings in Aroma Ingredients with bio-based ingredients for the flavor and fragrance…
Lanxess AG (Cologne, Germany) announced that is entering the field of battery chemistry by cooperating with Guangzhou Tinci Materials Technology Co. (Tinci), a leading global manufacturer of lithium-ion battery materials. Starting already next year, Lanxess will produce electrolyte formulations for…
Evonik Industries AG (Essen, Germany) has made a follow-up investment in the biotechnology start-up In Ovo through its venture capital unit. The investment comes as the young company reaches the commercialization stage for its technology and is bringing its gender-testing…
AMETEK, Inc. (Berwyn, Pa.) announced that it has completed three acquisitions – Magnetrol International, Crank Software and EGS Automation (EGS). Approximately $270 million was deployed on these acquisitions which have combined annual sales of approximately $120 million. "We are pleased…
Petrobras (Rio de Janeiro, Brazil) announced that it has approved the sale of the Landulpho Alves Refinery (RLAM) and its associated logistics assets, in São Francisco do Conde, Bahia, to Mubadala Capital for $1.65 billion. The signing of the sale…
Chemence, Inc. (Alpharetta, Ga.), a global company with specialized expertise in the field of polymerizable technology, announced the opening of the Chemence Center of Excellence, a state-of-the-art research and development facility in Alpharetta, Georgia. The facility is home to a…
BASF SE (Ludwigshafen, Germany) will increase innovation capabilities for its superabsorbent polymer business by building a state-of-the-art Superabsorbents Excellence Center at its Verbund site in Antwerp, Belgium. The €25 million investment is a clear commitment of the company to the…
Celanese Corp. (Dallas, Tex.) announces its intent to expand its GUR ultra-high molecular weight polyethylene (UHMW-PE) production capacity in Europe. In addition to the recently announced Bishop, Texas, GUR expansion of approximately 15,000 metric tons per yea(m.t./yr) coming online beginning…
KBR, Inc. (Houston) has been awarded contracts for revamping two ammonia plants by PJSC Acron Group, Novgorod, Russia. KBR will supply the process technology license, basic engineering design package, and proprietary equipment for the ammonia plants to increase production capacity by…
Celanese Corp. (Dallas, Tex.), a global chemical and specialty materials company, today announces its intent to initiate a three-year plan to expand engineered materials compounding capacities at the company’s Asia facilities, including the locations of Nanjing, China; Suzhou, China; and…