Wacker Chemie AG (Munich, Germany) has acquired 100% of the shares of contract manufacturing company (CMO) ADL BioPharma. The shares were purchased from Kartesia, a financial investor with whom WACKER signed a corresponding agreement finalizing the transaction last week. Following…
Ineos Inovyn (London, U.K.) has announced investment in HELIOS, a 90,000 panel solar farm spanning 30 hectares, to provide renewable electricity exclusively to its site at Jemeppe-sur-Sambre, Belgium. Through an exclusive power purchase agreement, the solar farm will provide over…
Kemira Oyj (Helsinki, Finland) announced the closing of the divestment of most of its colorants business to ChromaScape. Kemira signed a definitive agreement to sell its colorants dye business to US-based ChromaScape, LLC in September 2022. The revenue of the…
OQ Chemicals GmbH (Monheim am Rhein, Germany) has successfully started up its new pilot plant for esters in Oberhausen, Germany. This state-of-the-art test facility enables the company to manufacture small quantities of esters that are tailored to customer needs for…
Technip Energies (Paris) and John Cockerill (Seraing, Belgium), two industrial leaders in the hydrogen market, announce the launch of Rely, a unique provider of integrated and competitive green hydrogen solutions. Energy and heavy industries are at a major turning point.…
Sika AG (Baar, Switzerland) has completed the acquisition of MBCC Group (Mannheim, Germany), the former BASF Construction Chemicals, after having received all necessary regulatory approvals. With this highly complementary transaction, Sika strengthens its footprint across all regions, reinforces its range…
Nel Hydrogen ASA (Oslo, Norway) announced its plans to build a new automated gigawatt electrolyzer manufacturing facility in Michigan. When fully developed, the facility will employ more than 500 people and be among the largest electrolyser manufacturing plants in the…
Albemarle Corporation (Charlotte, N.C.) announced its decision to build two additional processing trains at the leading-edge Kemerton lithium hydroxide plant in Western Australia. The additional trains will be wholly owned and operated by Albemarle and would increase the facility’s production…
In accordance with its ambition to reach carbon neutral production by 2035, Neste is working on a 120 MW electrolyzer project to produce renewable (green) hydrogen at its Porvoo refinery in Finland. The company has now decided to proceed to…
Merck has signed a non-binding Memorandum of Understanding (MoU) with the Ministry of Trade, Industry and Energy (MOTIE), and Daejeon City for a new Asia-Pacific BioProcessing Center, aimed at supporting the region's healthcare ecosystem. The planned bioprocessing facility would support…