Evonik Industries AG(Essen, Germany) has announced the full takeover of former joint venture Thai Peroxide Co. Ltd. (TPL), located in Saraburi, Thailand. With the acquisition, which closed on 15 December, the global peroxides producer is expanding its offer of specialty-grade…
The preliminary value for the CE Plant Cost Index (CEPCI) for October 2023 (most recent available) is lower than the previous month’s value, continuing a trend of lower monthly values that has been observed since May 2023. To arrive at…
OMV AG (Vienna, Austria) an Synthos S.A. (Oswiecim, Poland) announced the signing of a Memorandum of Understanding (MoU). Under the MoU, the two companies will cooperate on sustainability, focusing in particular on the supply of sustainable raw materials that can…
Yara International ASA (Oslo, Norway) announced that it is acquiring the organic-based fertilizer business of Agribios Italiana, the company’s second bolt-on acquisition supporting its organic strategy in Europe. This signifies Yara’s commitment to further expand its offering in this sector…
Arkema S.A. (Colombes, France) has acquired Arc Building Products in Ireland, a company specialized in construction adhesives and sealants. With this planned acquisition, Arkema will strengthen its position in Ireland’s growing construction adhesives market with a broader range of solutions…
Lanxess AG (Cologne, Germany) has completed the expansion of its production capacity for sustainable light-color sulfur carriers by several kilotons. The project, with an investment volume in the double-digit millions, was completed at the Mannheim site in around two years…
Sulzer Ltd. (Winterthur, Switzerland) enhances its leadership in biopolymers and circularity with its new process solution – SULAC. The licensed technology completes Sulzer’s portfolio of licensed technologies for the manufacture of polylactic acid (PLA), an eco-friendly bioplastic. SULAC supports the…
SABIC (Riyadh, Saudi Arabia), Scientific Design (SD), an affiliate company licensing leader in Ethylene Glycol Technology and Linde Engineering, a subsidiary of Linde have entered into a Memorandum of Understanding to explore collaboration opportunities to decarbonize the SD Ethylene Glycol…
Nouryon (Amsterdam, the Netherlands) announced a long-term agreement with NRG Energy, Inc. brand Direct Energy to support 100% of the electricity needs from renewable sources for the Company’s manufacturing sites in La Porte, Fort Worth, and Houston, through the purchase…
Nuada Carbon Capture (Belfast, Northern Ireland; www.nuadaCO2.com) is accelerating its efforts to decarbonize the cement industry by announcing new partnerships with four pioneering cement companies Holcim (www.holcim.com), SCG (www.scg.com), Cementos Argos (www.argos.co) and Cementos Molins (www.cemolins.es). Carbon capture is a…