Mitsubishi Chemical Group Corp. (MCG; Tokyo) announced that it has decided to transfer its consolidated subsidiary Mitsubishi Tanabe Pharma Corp. (MTPC; Osaka, Japan), which manufactures and sells pharmaceutical products, to K.K. BCJ-94, a company indirectly owned by funds advised by…
Johnson Matthey plc (JM; London) and Bosch GmbH (Gerlingen, Germany) have agreed terms to accelerate future projects together. This agreement confirms both parties’ intentions to develop and produce catalyst coated membranes (CCM) for use in fuel cell stacks. Transforming and…
ABB Inc. (Zurich, Switzerland) has signed a Memorandum of Understanding (MoU) and a Framework Agreement with international industrial services provider Bilfinger SE (Mannheim, Germany) to collaborate on instrumentation and digital solutions boosting operational efficiencies in the energy and process industries.…
Honeywell International, Inc. (Charlotte, N.C.) announced that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies. The…
BP Europa SE announced its intention to market its Ruhr Oel GmbH – BP Gelsenkirchen operation in Germany for potential sale. Its assets include the bp refinery in Gelsenkirchen and DHC Solvent Chemie GmbH in Mülheim an der Ruhr. The…
Metso Corp. (Espoo, Finland) and Ideal Development for Manufacturing Industries (IDMI) have signed a 2-year lifecycle contract covering a new phosphate beneficiation plant at the Eshidiya Mine, south of Jordan. Metso will support the customer in commissioning, ramping up and…
Fujifilm Corp. (Tokyo) announced that it will install new production facilities of CMP slurries, advanced semiconductor materials, and enhance existing facilities for photolithography-related materials at its production site located in Belgium. In Europe, where demand for automotive semiconductors and industrial…
Veolia (Paris) and Mistral AI, a specialist in generative artificial intelligence, have announced a strategic partnership aimed at transforming the management and monitoring of industrial sites for water management, waste recycling and local energy production. By combining Mistral AI’s cutting-edge…
Trelleborg Group AB (Trelleborg, Sweden) has, through its Trelleborg Sealing Solutions business area, has signed an agreement to acquire the U.S. company Aero-Plastics Inc. The company specializes in attractive, high-performance plastics and interior segments for the aerospace industry. Aero-Plastics was…
3M, Inc. (St. Paul, Minn.) is expanding its commitment to the semiconductor industry by joining the US-JOINT Consortium, a strategic partnership of 12 leading semiconductor suppliers. The consortium drives research and development in next-generation semiconductor advanced packaging and back-end processing technologies…