Toray Group (Tokyo) plans to invest 500 billion won in the Gumi National Industrial Complex in South Korea by 2025 to expand its business for sustainable growth. Toray and Toray Advanced Materials Korea (TAK) signed an investment memorandum of understanding…
Merck KGaA, Darmstadt, Germany has signed a definitive agreement to acquire life science company Mirus Bio for $600 million (around €550 million). Based in Madison, Wisconsin, Mirus Bio is a specialist in the development and commercialization of transfection reagents. Transfection…
DuPont (Wilmington, Del.) announced a plan to separate into three distinct, publicly traded companies. Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders with New DuPont continuing…
BASF India Ltd. will increase the production capacity of its Ultramid polyamide (PA) and Ultradur polybutylene terephthalate (PBT) compounding plant in Panoli, Gujarat and Thane, Maharashtra. Its Polyurethane Technical Development Center India, to be inaugurated on 28 May in Mumbai,…
MAIRE S.p.A. (Milan) announced that KT - Kinetics Technology (the subsidiary part of the Integrated E&C Solutions Business Units operating also in support of the Sustainable Technology Solutions Business Unit) has signed a binding agreement to acquire 100% of APS…
KBR, Inc. (Houston) and Sumitomo Chemical Co. (Tokyo, Japan) announced that they have signed an alliance agreement to make KBR an exclusive licensing partner for Sumitomo Chemical's state-of-the-art propylene oxide by cumene (POC) technology. Propylene oxide is an intermediate product…
Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA has entered into a technology licensing agreement with Reliance Industries Ltd. (RIL; Mumbai). The agreement provides RIL with an exclusive license for Nel’s alkaline electrolyzers in India and also…
PPG (Pittsburgh, Pa.) announced it will invest $300 million in advanced manufacturing in North America to support increased demand for paints and coatings in the automotive industry. These investments will commence in 2024 and span a four-year period. As part…
Lummus Technology (Houston) and Sumitomo Chemical Co. (Tokyo, Japan) announced two collaboration agreements to license and commercialize the following proprietary technologies: Sumitomo Chemical's proven low-density polyethylene/ethylene vinyl acetate (LDPE/EVA) production technology Sumitomo Chemical's poly methyl methacrylate recycling (rPMMA) technology With…
H.B. Fuller Company (St. Paul, Minn.), the biggest pureplay adhesives company in the world, announced that it has acquired ND Industries Inc., a leading provider of specialty adhesives and fastener locking and sealing solutions serving customers in the automotive, electronics,…