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Latest News: Business

Air Liquide makes $170 million investment in SK hynix semiconductor fab in Indiana

As part of a long-term contract, Air Liquide S.A. (Paris) will build, own and operate two new production units in Indiana to deliver ultra-pure gases to the first U.S. semiconductor fab of SK hynix, a South Korean global leader in…

Yara to acquire Gulf Coast Ammonia facility in Texas

Yara International ASA (Oslo, Norway) announced that its U.S. subsidiary, Yara North America, Inc., has reached an agreement to acquire Gulf Coast Ammonia’s (GCA) ammonia production facility in Texas City, Texas from GCA Holdings LLC, affiliated with Lotus Infrastructure Partners and…

Axens to acquire Air Liquide’s methanol-to-olefins technology portfolio

Axens (Rueil-Malmaison, France) announced that it has signed an agreement with Air Liquide S.A. (Paris) to acquire its Methanol-to-Olefins (MTO) technology portfolio, including the Lurgi Methanol-to-Propylene™ technology. This addition expands Axens’ SAF portfolio through Axens’ Jetanol® process chain, offering its…

Covestro acquires Vencorex chemical plants in Thailand and Texas

Covestro AG (Leverkusen, Germany) completed the acquisition of two former Vencorex production sites for hexamethylene dissocyanate (HDI). derivatives in Rayong, Thailand, and Freeport, Texas, USA. With the acquisition, Covestro expands its production footprint for HDI derivatives and reaffirms its commitment…

New high-pressure homogenizer series for small- and medium-scale production

The KOB series is a new cost-efficient line of homogenizers capable of reaching pressures up to 400 bars. The series is designed to give small and medium production plants economic access to industrial-grade performance. With KOB models 11, 22, 45…

Messer completes strategic acquisitions in Malaysia and Singapore

Messer Group GmbH (Bad Soden, Germany) announced the completion of the acquisition of 100% of the shares in WKS Group (Singapore and Malaysia), in Wipco (Malaysia) and the signing of an agreement to acquire 100% of the shares in Kobewel…

Lonza to expand HPAPI manufacturing capacity at Visp site

Lonza AG (Basel, Switzerland) announced plans to enhance its drug-linker center of excellence and expand payload-linker manufacturing capacity at its Visp site. The expansion will establish new commercial-scale capabilities for the manufacture of highly complex and highly potent active pharmaceutical…

Schneider Electric to acquire AI firm Cognite for $3.1 billion

Schneider Electric SE (Paris) announced that it has entered into a definitive agreement to acquire 100% of Cognite Holding (Tempe, Ariz.), a leading provider of industrial data and AI software, in an all cash transaction valued at $3.1 billion. Industrial…

INEOS Enterprises completes sale of INEOS Calabrian to Ecovyst

INEOS Enterprises announced the completion of the sale of INEOS Calabrian, its ultra-pure sulfur dioxide and derivatives business, to Ecovyst Inc. (Malvern, Pa.). The transaction, valued at $190 million, marks the successful conclusion of a strategic divestment first announced in…

Endress+Hauser opens two new facilities in the U.S.

The Endress+Hauser Group (Reinach, Switzerland) opened two new facilities in the United States in June 2026. With these locations in Greenwood, Indiana, and Edgmont, Pennsylvania, the company is further expanding its presence in the country and strengthening its collaboration with…