Siemens Smart Infrastructure and DOMO Chemicals (Leuna, Germany) announced a significant milestone in their joint effort to promote sustainable practices in the electrical industry. DOMO Chemicals has successfully developed and validated a new, high-performance TECHNYL® 4EARTH® polyamide 6 (PA6) material to…
Unioil Petroleum Phils., Inc. (Manila, Philippines), one of the largest petroleum players in the Philippines, has announced a pair of major strategic investments from Aramco (Dhahran, Saudi Arabia) and Repsol S.A. (Madrid, Spain) supporting continued growth within The Philippines and…
Innospec Inc. (Englewood, Colo.) announced that it is expanding production capacity for its proprietary Drag Reducing Agent (DRA) technologies at its plant in Pleasanton, TX. Innospec’s DRAs provide multiple benefits to pipeline operators including increased throughput, lower operating costs and…
Toray Industries, Inc. (Tokyo) announced that it has opened the Toray Taiwan Technical Center. The new facility will reinforce R&D in advanced semiconductor technologies and materials and provide technical services in the Taiwan market, which is becoming increasingly important in…
Wastefront AS (Oslo, Norway) announced that it has officially commenced construction on its groundbreaking £100 million tire-to-fuel facility at the Port of Sunderland. The project marks a significant step in the U.K.’s push for sustainable aviation fuel (SAF) production, while…
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. and OMV AG (Vienna, Austria) have agreed to terms of a binding Framework Agreement regarding the proposed combination of shareholdings in joint venture Borouge plc and Borealis Group AG (Vienna, Austria). ADNOC has…
Syensqo S.A. (Brussels, Belgium) announced the successful completion of an ambitious recycling initiative. The results of comprehensive trials have proven that multilayer food packaging structures with Ixan polyvinylidene chloride (PVDC) can effectively be recycled into valuable feedstock for other applications…
Honeywell International, Inc. announced that it has agreed to acquire Sundyne (Arvada, Colo.) from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This represents approximately 14.5x 2024 EBITDA on a tax-adjusted basis. Sundyne is a leader…
Idemitsu Kosan Co.,Ltd. (Tokyo) has decided to construct a large-scale production facility for lithium-sulfide (Li2S), a material used in all-solid-state lithium-ion rechargeable batteries. The company will expand production capacity of lithium sulfide, an important intermediate raw material for solid electrolytes,…
Electrolyzer manufacturer Sunfire and P2X Solutions, a Finnish pioneer in green hydrogen and Power-to-X technologies, announced the commissioning of the production plant in Harjavalta. The Sunfire electrolyzer is Finland’s first industrial plant for the commercial production of green hydrogen. Nils…