The Mosaic Co. (Tampa, Fla.) announced that it has signed a definitive agreement to sell Mosaic Potash Carlsbad, Inc., including the operations, assets and liabilities of the Mosaic mine in Carlsbad, New Mexico to International Minerals Carlsbad, LLC for $30…
MAIRE S.p.A. (Milan) announced that NEXTCHEM has signed a binding agreement to acquire the entire share capital of Ballestra Group, a global leader in the licensing, design and engineering of processing plants, as well as the supply of proprietary technologies…
Bp plc (London) has reached an agreement to sell a 65% shareholding in lubricants business Castrol to Stonepeak, at an enterprise value of $10.1 billion. This represents an implied EV / LTM EBITDA of around 8.6x reflecting the strength of…
Several 2025 year-end reports and data releases paint a nuanced picture of the global chemical process industries (CPI) as we head into 2026. The complex picture reflects the diversity of industry sectors comprising the CPI, and the wide range of…
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Tata Chemicals Ltd. (TCL; Mumbai, India) announced that Tata Chemicals International Pte. Limited (TCIPL) a 100% subsidiary of TCL, has signed a Share Purchase Agreement (SPA) to acquire 100% equity shares of Novabay Pte. Limited (Novabay) manufacturer of premium grade…
Cable manufacturer Prysmian S.p.A. (Milan, Italy) and Versalis S.p.A., Eni’s chemical company, have signed a strategic partnership to give new life to plastic cable scrap, through an innovative chemical recycling process, developing a dedicated supply chain. Following this agreement, Prysmian…
Borealis Group (Vienna, Austria) announced a strategic partnership with chemical-recycling technology company BlueAlp (Eindhoven, the Netherlands). The partnership will see Borealis transfer its majority share in Renasci, a chemical recycling company based in Ostend, Belgium, to BlueAlp, while acquiring a…
IFQ Logger 2 is a next-generation portable converter and data logger engineered for demanding wastewater and environmental monitoring applications. The new device is built for high performance across a wide range of field conditions and integrates with this company's existing…
Plug Power Inc. (Latham, N.Y.) announced it has successfully installed a 5MW GenEco electrolyzer system for Cleanergy Solutions Namibia’s groundbreaking green hydrogen project. The Walvis Bay project plant, which officially opened in September, represents Africa’s first fully integrated commercial green…