Doosan Mobility Innovation (DMI) announced that their hydrogen cylinder tank, created for hydrogen-powered drone systems, has received approval from the United States Department of Transportation (DoT). This achievement makes DMI one of the first companies to receive such approval from…
Huntsman Corp. (The Woodlands, Tex.) announced that it has entered into a definitive agreement to sell its India based Do-It-Yourself (DIY) consumer adhesives business, part of the Advanced Materials division, to Pidilite Industries Ltd. in an all-cash transaction valued at…
Merck KGaA (Darmstadt, Germany) announced a €20-million expansion of its OLED (organic light-emitting diode) manufacturing capacity at its sites in Pyeongtaek, Korea and Shanghai, China. Additional sublimation units will be built to help meet customer demand in the growing OLED…
Trinseo (Berwyn,. Pa.), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, has reached definitive agreements with Tyre Recycling Solutions (TRS) on a commercial collaboration and an equity investment in TRS. The transaction is expected…
With the latest expansion of its enzyme portfolio, BASF SE (Ludwigshafen, Germany) is stepping up its game as an innovation leader and provider of key ingredients for the home care and industrial & institutional cleaning (I&I) industry. Enzymes are essential…
Celanese Corp. (Dallas, Tex.), announced the addition of a new GUR ultra-high molecular weight polyethylene (UHMW-PE) production line at its Bishop, Texas manufacturing facility to support the significant growth in its high-value GUR engineered materials portfolio. “Electric vehicle demand is…
Lonza AG (Basel, Switzlerand) announced a CHF 85 million (~$93 million USD) investment in its Capsules and Health Ingredients (CHI) Division, a dosage-form delivery partner to the biopharma and health nutrition industry. The investment will enable the company to expand…
Borealis Group AG (Vienna, Austria) announced that its new naphtha cavern in Porvoo, Finland has now been safely commissioned as of October 2020. Having invested around EUR 25 million in the construction of this 80,000-m3 facility, Borealis can now source…
Lummus Technology, LLC (Houston) announced that its Novolen business has been awarded a contract by Hengyi Industries for a large-scale polypropylene unit in Brunei. Lummus' scope includes the technology license for 1,000,000 metric tons per year (m.t./yr) polypropylene unit, as well…
DuPont Clean Technologies (Wilmington, Del.) announced that the Stratco alkylation unit at the Sinopec Qilu refinery in Zibo, Shandong Province, China, successfully completed the performance test, certifying that the unit is meeting required performance guarantees. The Stratco alkylation unit at…