Kemira Oyj (Helsinki, Finland) and International Flavors & Fragrances (IFF; New York) announced that they have taken the final investment decision and move forward in forming a joint venture manufacturing company to produce renewable biobased products on a commercial scale.…
Arkema S.A. (Colombes, France) has announced the signing of a new, eight-year contract with Engie S.A. (La Défense, Courbevoie, France) for the supply of biomethane for several Bostik sites in France. This 25 GWh/year contract will cover some 85% of the…
Braskem Siam, a joint venture between SCG Chemicals Co. (SCGC; Bangkok, Thailand) and Braskem S.A. (São Paulo, Brazil), has signed a Letter of Intent with Mitr Phol Bio Fuel, part of the Mitr Phol Group— the world's leading sustainable in…
Covestro AG (Leverkusen, Germany) has announced that it will open a specifically developed, automated laboratory for optimizing coating and adhesive formulations to provide even better support to its customers in 2025. "With our automated laboratory, we can work together with…
BASF SE (Ludwigshafen, Germany) and Forestal de Atlántico S.A. (Forestal) have signed an early disclosure agreement (EDA) aimed at advancing the production of e-methanol (eMeOH) through carbon capture solutions. Under this strategic partnership, BASF has been selected to share its…
TotalEnergies SE (Paris, France) is announcing investment decisions for six battery storage projects. In total, these projects amount to 221 MW of new storage capacity and an investment outlay of €160 million. These projects were developed by Kyon Energy, a…
Mitsubishi Chemical Group Corp. (MCG; Tokyo) has concluded a license agreement with SNF Group (Andrézieux-Bouthéon, France) regarding MCG Group’s N-vinylformamide (NVF) manufacturing technology. NVF is a raw material for functional polymers. Using the manufacturing technology licensed under this agreement, SNF…
Samsung E&A (Seoul, South Korea) has won a contract for the main construction of the Songdo Bio Raw Materials Plant from global life science company Sartorius AG (Göttingen, Germany). On 21 March, Samsung E&A signed a KRW 518.62 billion contract…
Alfa Laval AB (Lund, Sweden) has signed a binding put-option agreement to acquire the Fives Cryogenics business unit, part of Fives Group (Paris, France), for a total fixed purchase price of EUR 800 million on a cash and debt-free basis.…
Aquafil S.p.A. (Arco, Italy) announced that it has launched, in Slovenia, the first demonstration plant for the chemical separation of elastic fiber from nylon, an innovative technology that opens new potential in the textile fiber sector, allowing the company to…