International Flavors & Fragrances Inc. (IFF; New York City) announced that it has entered into a definitive agreement to sell its Pharma Solutions business unit to French leader of plant-based ingredients Roquette (Lestrem, France) for an enterprise value of up…
Dsm-firmenich has opened a new pilot plant in Plainsboro, New Jersey designed to enable collaboration with customers. The pilot facility is part of dsm-firmenich's Taste, Texture & Health Business Unit and will support the company's commitment to accelerate global diet…
Air Liquide S.A. (Paris) announced the divestiture to Adenia Partners Ltd of the Group’s activities in twelve countries in Africa representing a total annual sales of about 60 million euros. Air Liquide has signed an agreement with Adenia to sell…
More than $30 million is being invested by AkzoNobel N.V. (Amsterdam, the Netherlands) to install advanced technologies and increase total manufacturing capacity at its four powder coatings sites in North America. The company is incorporating new extruders, thermoplastics and bonding…
W. R. Grace & Co. (Grace; Columbia, Md.) announced the opening of its expanded fine chemical contract development and manufacturing (CDM) facility in South Haven, Mich. Grace executives and local community leaders joined more than 200 employees at the site…
Hydrogen is a versatile fuel source and feedstock that is carbon-free when burnt, releasing no emissions. Its production can be decarbonised through the creation of green hydrogen. In this pivotal moment, Rotork emerges as a key player, poised to support…
Neste Corp. (Espoo, Finland) has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better…
KBR, Inc. (Houston) has been awarded a project management contract by Sonangol for the design and construction of a new 200,000-bbl/d petroleum refinery in Lobito, Angola. Under the terms of the contract, KBR will provide services encompassing the project management…
Evonik Industries AG (Essen, Germany) announced that the newly founded joint venture Evonik Vland Biotech, based in Binzhou, China, commenced operations on January 1, 2024. The two parent companies, Evonik China and Shandong Vland Biotech, want to jointly expand the…
Schneider Electric SE (Paris) announced plans to invest $140 million into its U.S. manufacturing operations and create about 750 new manufacturing jobs across the country in 2024. The company will invest $85 million initially to transform and equip an existing…