Evonik Industries AG (Essen, Germany) has signed an agreement to acquire the LACTEL business of biodegradable polymers from DURECT Corporation for $15 million. The transaction is expected to close by Q1 2021 pending the satisfaction of certain customary closing conditions.…
Huntsman Corp. (The Woodlands, Tex.) announced its agreement to acquire Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from funds owned by Audax Private…
Honeywell announced Türkiye Petrol Rafinerileri A.Ş. is improving the performance of its existing Honeywell UOP enhanced two-stage Unicracking process with the addition of an external heavy polynuclear aromatics (HPNA) stripper at its Izmit refinery. The HPNA stripper will enable Tüpraş…
Siemens Gamesa (Zamudio, Spain) is developing the first pilot project in the world to connect a wind turbine to an electrolyzer with the ability to operate in ‘island mode’, i.e. driving an electrolysis rig with no link to an electricity…
Alkam Energy (Al-Khobar, Saudi Arabia) announced the signing of a Memorandum of Understanding (MOU) with Técnicas Reunidas S.A. (TR; Madrid, Spain). The MOU is for the feasibility study, technology, front-end engineering design (FEED) and engineering procurement and construction (EPC) for…
Stora Enso Oyj (Helsinki, Finland) is investing EUR 14 million to build a granulation and packing plant for lignin, allowing easier packing and handling of lignin compared to powder and wet form. According to Stora Enso's strategy, lignin is one…
MilliporeSigma (Burlington, Mass.) announced the broadening of its manufacturing footprint with a combined $47 million investment at its production facilities in Danvers, Massachusetts, and Jaffrey, New Hampshire. These sites supply critical products to customers developing lifesaving therapies, including Covid-19 vaccines,…
Global engineering and technology consultancy Vysus Group (formerly LR Energy), in partnership with its previous parent company Lloyd’s Register (LR), has secured a global framework agreement with specialty chemicals company Lanxess AG (Cologne, Germany) to drive improvements in maintenance and asset integrity…
Toshiba Energy Systems & Solutions Corp., Toshiba Corp., Toyo Engineering Corp., Idemitsu Kosan Co., All Nippon Airways Co. (ANA) and Japan CCS Co. have reached an agreement to begin reviewing recycling business models for reuse of CO2 from sources such…
LyondellBasell (Rotterdam, the Netherlands) announced that Kaijin Blue Sky Energy (Zhejiang) Co., Ltd., has selected LyondellBasell’s leading polypropylene (PP) technology for a new world-scale facility. The facility will include a 600,000-ton/yr polypropylene plant using LyondellBasell’s Spheripol technology as well as…