Metso Corp. (Espoo, Finland) is expanding its testing capabilities by investing €8 million to build a state-of-the-art DRI (direct reduced iron) Smelting Furnace pilot facility. The pilot plant will be constructed in Pori, Finland, where Metso has one of its…
Chevron Lummus Global LLC, (CLG) announced the award of a new licensing contract by Hindustan Petroleum Corporation Limited (HPCL) for the development of a grassroots integrated hydrocracker and catalytic dewaxing unit and a full catalyst reload of their existing lube…
Fujifilm Corp. (Tokyo) announced a capital investment of approximately 6 billion yen in its Kumamoto site to further expand its Electronic Materials business. FUJIFILM Electronic Materials Co., Ltd. (Yokohama City), the core company that leads Fujifilm’s Electronic Materials business, will…
LyondellBasell Industries B.V. (LYB; Rotterdam, the Netherlands) has entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corporation (Alujain) for approximately $500 million. Enabled by its Spheripol polypropylene (PP) technology,…
Ecolab, Inc. (St. Paul, Minn.) announced the grand opening of its new cutting-edge manufacturing plant in Ho Nai Industrial Park, near Ho Chi Minh City. This new facility demonstrates Ecolab’s continued commitment to supporting customers, innovation, and sustainability in Vietnam…
Solenis (Wilmington, Del.) will invest $193 million to expand its operation in the City of Suffolk, Virginia. The company will build a new 80,000-square-foot production facility, packaging facility and tank farm, and add a new rail spur to accommodate production…
Arkema S.A. (Colombes, France) has become a shareholder of the startup Tiamat, spun off from the CNRS (Centre National de la Recherche Scientifique) in 2017 and a pioneer in sodium-ion battery technology. This investment will enable the Group to accelerate…
GEA Group (Düsseldorf, Germany) announced that operations have begun at the company's new 86,000 square-foot fabrication, repair, logistics and training facility in Janesville, Wisconsin. Representing an investment of some $20 million to meet demand from the company’s growing Midwest customer…
ABB, Inc. (Zurich, Switzerland) announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring and testing. Through the acquisition, ABB will expand its strong presence in…
UPL Europe Ltd. (Warrington, U.K.), a global provider of sustainable agricultural solutions, has announced the planned acquisition of Corteva Agriscience's (Indianapolis, Ind.) solo mancozeb global fungicide business outside of China, Japan, South Korea, and E.U. member countries. The acquisition will…