Asahi Kasei Corp. (Tokyo) recently signed a memorandum of understanding (MOU) with Aquafil S.p.A., an Italian manufacturer of polyamide 6 (PA6). The two companies agreed to develop a novel material for 3D printing (3DP) applications utilizing Aquafil’s ECONYL chemically recycled…
McDermott International, Ltd. (Houston) announced it has entered into an agreement to sell its CB&I storage business (CB&I) to a consortium of financial investors led by Mason Capital Management. Under the terms of the agreement, McDermott expects to receive $475…
Lummus Technology (Houston) announced new analytical services for per- and polyfluoroalkyl substances (PFAS), also known as "forever chemicals." The services provide accurate detection of a wide range of PFAS compounds, helping water and wastewater operators assess contamination levels and monitor…
MAIRE S.p.A. (Milan) announced that NextChem and KazMunayGas-Aero (KMG AERO) have signed an agreement to collaborate on advancing energy transition initiatives, leveraging on NextChem’s proprietary technology portfolio and process engineering capabilities. These initiatives aim at contributing to the decarbonization and…
Covestro AG (Leverkusen, Germany) plans to invest around €100 million in its global R&D infrastructure and assets. With investments over a timeframe of three years until 2025, the global supplier of high-performance materials continues to secure its future competitiveness in…
Honeywell International, Inc. (Charlotte, N.C.) announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute…
Chandra Asri Group (Jakarta, Indonesia) has signed a Sale and Purchase Agreement with Shell Singapore Pte. Ltd. to acquire Shell Energy and Chemicals Park (SECP) in Singapore. The acquisition was made through a strategic partnership involving Glencore plc and is…
BASF SE (Ludwigshafen, Germany) and Evonik Industries AG (Essen, Germany) have agreed on the first delivery of BASF’s ammonia BMBcertB grade. Thereby, both chemical companies demonstrate their commitment to offer products with a reduced product carbon footprint (PCF). With its…
Orbia Advance Corporation S.A.B. de C.V.’s Building & Infrastructure (B&I) business, Wavin, formally opened its new production plant in new Grand Batang City, Indonesia. The facility will supply the company’s expanding customer base in Indonesia and the Asia Pacific region…
Accelera by Cummins, the zero-emissions business segment of Cummins Inc., today celebrated the opening of its new electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain. The sustainably designed facility is expected to create 150 highly skilled jobs in the region,…