Asahi Kasei (Tokyo, Japan; www.asahi-kasei.com) a diversified global manufacturer in the Healthcare, Homes, and Material sectors, announces its strategic divestiture of Daramic, a lead battery separator business, to Kingswood Capital Management, LP. The Daramic business transfer closed on December 1,…
Eurotecnica (Milan, Italy), part of the Proman family of companies, has strengthened its position as the global leader in high-pressure melamine production technology with two major milestones in China: the signing of a new world-scale melamine contract with China Coal…
Japan Suiso Energy, Ltd. (JSE) and Kawasaki Heavy Industries, Ltd. recently held a groundbreaking ceremony for the Kawasaki LH2 Terminal, a liquefied hydrogen base in Ogishima, Kawasaki City, Japan. Kawasaki LH2 Terminal is the key facility for the “Liquefied Hydrogen…
INOX Air Products (INOXAP), India’s leading industrial, electronic and specialty gases manufacturing company, has signed a long-term agreement with ReNew Photovoltaics Private Limited. Under this agreement, INOXAP will supply ultra-high purity (UHP) nitrogen to ReNew’s upcoming TOPCON Solar Cell manufacturing…
Worley Ltd. (North Sydney, Australia) has secured a contract with OQ Refineries and Petroleum Industries LLC (OQ RPI) to provide Front-End Engineering Design (FEED) for a decarbonization project at its Sohar Refinery in Oman. Worley will be solely responsible for…
Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded the engineering, procurement, and construction (EPC) contract for a Cyclo-olefin Polymer (COP) production plant planned by Zeon Corp. (Tokyo) in Shunan City, Yamaguchi Prefecture. The plant is scheduled for completion in the…
Fujifilm Corp. (Tokyo) announced the successful completion of a new building for development and evaluation at the Shizuoka Factory of FUJIFILM Electronic Materials Co., Ltd. (FFEM), the core company that leads Fujifilm’s semiconductor materials business, with operations commencing in November.This…
Bosch Advanced Ceramics announced that it will become part of the Sintokogio Group and, following completion of the acquisition, will operate under the name Sinto Advanced Ceramics. The new ownership lays the foundation for a long-term growth strategy supported by…
Aster Chemicals and Energy Pte. Ltd. (Singapore) announced an agreement with Hitachi Asia Ltd (Hitachi) to acquire advanced compressor solutions to double its ethylene export capacity at Aster Bukom island facility. This investment strengthens Aster’s ability to meet rising regional…
Elementis plc (London) has completed the acquisition of U.K.-based Alchemy Ingredients Limited for an enterprise value of £17 million (around $22 million) on a cash-free debt-free basis. Alchemy develops innovative, high-quality, sustainable rheology modifier ingredients for the personal care industry…