BASF SE (Ludwigshafen, Germany) announced its investment in a new citral plant as part of its Verbund site in Zhanjiang, China, and menthol and linalool downstream plants at its Verbund site in Ludwigshafen, Germany. These plants are expected to come…
Cabot Corp. (Boston, Ma.) announced plans to establish a new state-of-the-art technology center in Münster, Germany. The new technology center will focus on technical collaboration with customers in order to accelerate application innovation for Cabot’s battery materials product lines within…
Huntsman Corp. (The Woodlands, Tex.) has announced that its Rotterdam, the Netherlands and Wilton, U.K. manufacturing facilities have achieved the International Sustainability & Carbon Certification (ISCC PLUS) for mass balance following audits by Bureau Veritas. ISCC PLUS is a global…
Kemira Oyj (Helsinki, Finland) and Metsä Group (Espoo, Finland) have agreed to jointly develop a new sustainable product or raw material related to the forest industry by 2027. As major industrial players, the two companies are well-positioned to reduce the…
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The Saudi Arabian Oil Company (Aramco; Dhahran) has completed the acquisition of the Valvoline Inc. (Lexington, Ky.) global products business (‘Valvoline Global Operations’) for $2.65 billion, through one of its wholly-owned subsidiaries. With this acquisition, which follows the signing of…
KBR, Inc. (Houston) has signed a contract with Hyundai Engineering Company (HEC) Ltd to supply proprietary equipment for the first modular plant for its leading advanced plastics recycling technology Hydro-PRT. The plant will be installed at LG Chem's Chronos Project…
SABIC (Riyadh, Saudi Arabia) has announced a strategic project to manufacture catalysts with the aim of transforming Saudi Arabia into a manufacturing hub for specialized materials in line with the national industrial strategy. The project will contribute to industrial advancements as…
Rockwell Automation, Inc. (Milwaukee, Wisc.) announced that it has acquired Knowledge Lens. Based in Bengaluru, India, Knowledge Lens is a services and solutions provider that delivers actionable business insights from enterprise data, combining digital technologies with deep data science, artificial…
Solvay S.A. (Brussels, Belgium) announced that it has agreed on final terms to sell its 50% stake in the RusVinyl joint venture (JV) to its joint venture partner Sibur (Moscow, Russia). Upon completion, the divestment will represent another important milestone…