Carbios (St-Beauzire, France) is geared up for the global commercialization of its PET (polyethylene terephthalate) biorecycling technology. The successful ongoing operations in its demonstration unit in Clermont-Ferrand and the advanced engineering study for its first commercial plant (due to be…
Versalis S.p.A. (San Donato Milanese), Eni’s chemical company and 36% shareholder of Novamont, and Mater-Bi, a subsidiary of Investitori Associati II and NB Renaissance, shareholder of Novamont’s remaining 64%, announce exclusive negotiations to finalize the acquisition by Versalis of Novamont’s…
Trinseo (Berwyn, Pa.) announced that it has signed an agreement to sell its land, buildings and equipment in Matamoros, Mexico to Plaskolite. The transaction is expected to close within the next several weeks. In December 2022, Trinseo announced the consolidation…
Lonza AG (Basel, Switzerland) has an agreement with ABL Bio, a pioneering Korean biologics company with a focus on bispecific antibodies for immuno-oncology and neurodegenerative diseases. The collaboration agreement between Lonza and ABL Bio supports the development and manufacturing of…
CETAER signed a collaboration agreement with Técnicas Reunidas S.A. (TR; Madrid, Spain) for the development of an e-methanol plant to be built in Almería (Spain). The facility will produce 37,000 metric tons per year (m.t./yr) of e-methanol from the combination…
Ascend Elements (Westborough, Mass.) announced the opening its first commercial-scale lithium-ion battery (LIB) recycling facility this week. Located in Covington, Georgia, the $50 million Base 1 facility is North America’s largest electric vehicle-battery-recycling facility. As demand for electric vehicles increases,…
Resonac Corp. (Tokyo; formerly Showa Denko) will increase its capacity to produce “Dicing Die Bonding Film,” which is a two-in-one adhesive film with the functions for both dicing tape and die bonding film used in semiconductor packaging process (backend process),…
Thyssenkrupp Uhde (Essen, Germany) and IDESA Industrial Plants SLU (IDIP) have signed a memorandum of understanding (MoU) to cooperate on developing and fabricating modules for green ammonia projects. The MoU was signed in Essen, Germany on March 23, 2023. The…
Vertex Energy, Inc. (Houston) announced the successful mechanical completion of its transformational renewable-diesel unit at the company's Mobile, Ala. refining facility. Mechanical completion of the renewable diesel unit has been successfully achieved. As the project team proceeds with commissioning the…
ENEOS Materials Corp. (formerly the elastomers business unit of JSR Corp.) and Yokogawa Electric Corp. (Tokyo) announce they have reached an agreement that Factorial Kernel Dynamic Policy Programming (FKDPP), a reinforcement learning-based AI algorithm, will be officially adopted for use…