Royal DSM N.V. (Herleen, the Netherlands) has entered into exclusive negotiations with Adare Pharma Solutions in order to acquire Adare Biome, a pioneer in the development and manufacturing of postbiotics, for an enterprise value of €275 million. This transaction represents…
Linde plc (Guildford, U.K.) announced that it will expand the capacity of its on-site facility in Tangjeong, South Korea, to increase its supply of high-purity industrial gases to Samsung Display. The increased capacity supports Samsung Display’s planned multi-billion-dollar investment to…
Locus Performance Ingredients (Locus PI) and Veolia Water Technologies & Solutions announced their exclusive collaboration that will focus on developing new bio-based solutions tailored to address process, water and wastewater sustainability and performance challenges. Both companies will combine their relevant…
Toray Industries, Inc. (Tokyo) and Mitsui DM Sugar Co. have jointly demonstrated and established a basic technology to manufacture sugar derived from inedible biomass, a common raw material in fiber and resin production. The biomass includes surplus bagasse, a pulpy…
KBR, Inc. (Houston) announced that it has signed a joint development agreement with ISU Chemical Co. Ltd. for the design of a commercial scale lithium sulfide (Li2S) unit for next generation battery technology. Under the terms of the agreement, KBR…
The Chemours Co. (Wilmington, Del.) and TC Energy, a leader in the responsible development and reliable operation of North American energy infrastructure, have executed a memorandum of understanding (MOU) for the potential development of two electrolysis-based hydrogen production facilities at…
Idemitsu Kosan Co. (Tokyo) has launched a feasibility study of clean hydrogen production in Japan generated from waste, including municipal waste, in April. The goal is to launch a first hydrogen production facility around 2030 capable of processing 200-300 tons…
PT Chandra Asri Petrochemical Tbk (Chandra Asri; Jakarta, Indonesia) and Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, have signed a Memorandum of Understanding (MoU) to collaboratively develop a world-scale chlor-alkali plant in Indonesia. INA, along with other potential international…
Cepsa (Madrid, Spain) and Bio-Oils, Apical’s biofuels entity in Huelva, have created a joint venture to promote the production of second generation (2G) biofuels through the construction of the largest plant in southern Europe, announced by Cepsa last March. The…
Evonik Industries AG (Essen, Germany) is investing in a pilot electrolyzer at its site in Herne (Germany) to produce green hydrogen as a starting product for isophorone diamine (IPDA), a key raw material for rotor blades for wind turbines. In…