Akzo Nobel N.V. (Amsterdam) and Axalta Coating Systems Ltd. (Philadelphia, Pa.) have entered into a definitive agreement to combine in an all-stock merger of equals, creating a premier global coatings company with an enterprise value of approximately $25 billion. The…
BASF (Ludwigshafen, Germany; www.basf.com) and ExxonMobil (Houston, Tex.; www.exxonmobil.com) have formed a strategic collaboration to advance methane pyrolysis technology, a next step toward delivering efficient, cost-competitive low-emission hydrogen solutions for industrial use. The companies have signed a joint development agreement…
Sulzer Ltd. (Winterthur, Switzerland) has been selected by Inpasa, a leading bioenergy producer in Latin America, as the primary equipment supplier of process pumps and agitators for its latest phase of industrial expansion in Brazil. Inpasa is building new biofuel…
Plug Power Inc. (Latham, N.Y.) announced it has been selected for an equipment supply and long-term service agreement (LTSA) totaling 55 MW for three green hydrogen projects being developed by Carlton Power in the United Kingdom. The award, subject to…
BASF SE (Ludwigshafen, Germany) signed a multi-year cooperation agreement with Air Liquide Group’s (Air Liquide) subsidiary, Shanghai Chemical Industry Park Industrial Gases Co., Ltd. (SCIPIG), and Shenergy Group’s subsidiary, Shanghai Shenji Energy & Environment Technology Co., Ltd. (Shenji). The collaboration…
Zachry Group (San Antonio, Tex.) has been awarded the Front-End Engineering Design (FEED) scope for the Lake Charles Methanol II Project, a groundbreaking initiative that will establish the world’s largest low-carbon “blue” methanol facility and rank as the fifth-largest methanol…
Parker Hannifin Corp. (Cleveland, Ohio), the global leader in motion and control technologies, announced that it has entered into a definitive agreement to acquire Filtration Group Corp. on a cash-free, debt-free basis for a cash purchase price of $9.25 billion,…
LanzaTech Global, Inc. (Skokie, Ill.) announced that LanzaJet has fully operated and produced fuels at its LanzaJet Freedom Pines Fuels facility in Soperton, Georgia, USA – marking both the world’s first production at a commercial-scale plant of jet fuel using…
Air Liquide S.A. (Paris) announced the successful startup of the world’s first industrial-scale ammonia cracking pilot unit with a 30 tons per day ammonia to hydrogen conversion capacity at the Port of Antwerp-Bruges, Belgium. This groundbreaking innovation demonstrates a key…
GEA (Düsseldorf, Germany; www.gea.com) and RebelDot (Cluj, Romania; www.rebeldot.com), a leading Romanian technology company, are forming a strategic joint venture to accelerate digital transformation in the global process industry. The joint venture – named “RebelDot Process Industries” will be headquartered…