Berkshire Hathaway Inc. (Omaha, Neb.) and Occidental Petroleum Corp. (Houston) announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for $9.7 billion, subject to customary purchase price adjustments. OxyChem is a global…
In the frame of two new long-term contracts, Air Liquide S.A. (Paris) will build, own and operate two new state-of-the-art industrial gas facilities to support the expansion of a leading semiconductor manufacturer in Singapore, for a total investment of €130…
Mitsui & Co., Ltd. (Tokyo) and Microwave Chemical Co., Ltd. (MWCC) will initiate a demonstration experiment using a pilot plant under the agreement of the joint development of microwave-based low-carbon lithium ore refining technology. The use of electric power in…
DuPont (Wilmington, Del.) has signed an agreement to acquire Sinochem (Ningbo) RO Memtech Co., Ltd. (“Sinochem (Ningbo) Memtech”) to expand its reverse osmosis (RO) manufacturing footprint into China and the Asia Pacific region. With advanced membrane and fabrication production technologies,…
LG Chem Ltd. (Seoul, South Korea) announced that it has completed the development of a liquid photo-imageable dielectric (PID), a key material for advanced semiconductor packaging, and is now gearing up to actively address the demand in AI and other…
In a move intended to accelerate Saudi Arabia’s leadership in downstream innovation, Aramco (Dhahran, Saudi Arabia; www.aramco.com), Honeywell International Inc. (Charlotte, N.C.; www.honeywell.com), and King Abdullah University of Science and Technology (KAUST; Thuwal, Saudi Arabia; www.kaust.edu.sa) have signed a joint…
Hazer Group Ltd. (Perth, Australia) has entered into a collaboration arrangement with Veolia S.A. (Paris) to explore the deployment of the Hazer process and its co-products across a range of applications including water treatment, waste and energy management. This collaboration…
Thyssenkrupp Uhde GmbH (Dortmund, Germany) has successfully commissioned the startup of a cutting-edge hydrogen recovery unit (HRU) at the Fertil plant in Ruwais, United Arab Emirates, owned by Fertiglobe, a global leader and exporter of urea, ammonia and an early…
Accelera by Cummins, the zero-emissions business segment of Cummins Inc. (Columbus, Ind.) is partnering with Tyczka Hydrogen GmbH, a leading European hydrogen specialist, to deploy a 5-megawatt (MW) proton exchange membrane (PEM) electrolyzer system at the Port of Schweinfurt in…
Sika AG (Baar, Switzerland) has acquired Marlon Tørmørtel A/S, a mortar manufacturer in Denmark. The company is renowned for its strong product portfolio and its excellent customer service. The acquisition creates a growth platform for Sika in the Nordics, providing…