Linde plc (Guildford, U.K.) announced that it has signed a long-term agreement with ExxonMobil Corp. (Houston) for the offtake of carbon dioxide associated with Linde’s new clean hydrogen production in Beaumont, Texas. Linde previously announced that it will build, own…
Clariant AG (Muttenz, Switzerland) announced the completion of the divestment of its North American Land Oil business to Dorf Ketal (Mumbai, India), a specialty chemicals manufacturer and service provider headquartered in India, for $14.5 million on 31 March 2023. Clariant’s…
Ineos (London) announced that INEOS Phenol completed its acquisition of the entire asset base of Mitsui Phenols Singapore Ltd from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million. The business has a turnover of…
A new joint venture — Envalior — has emerged from the combination of two industry leaders in engineering materials – DSM N.V. (Heerlen, the Netherlands) Engineering Materials (DEM) and Lanxess AG (Cologne, Germany) High Performance Materials (HPM) – under the…
Chevron Lummus Global LLC (CLG) announced a recent contract award from Petróleo Brasileiro S.A. (Petrobras) for a new 12,580 barrel/day (bbl/d) hydroisodewaxing (HIDW) unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil. Chevron Lummus…
TotalEnergies Corbion (Gorinchem, the Netherlands), POSCO International and ESOL announced a partnership aimed at developing the PLA recycling infrastructure and technology in South Korea. Over the coming years, the partnership will contribute to the Korean Government framework for Carbon Neutrality.…
Honeywell International, Inc. (Charlotte, N.C.) announced that Biotrend Energy (Istanbul) signed equipment supply, production license, and warranty agreements to build Türkiye’s first commercialized advanced waste recycling plant using Honeywell UOP UpCycle Process Technology. The facility will convert mixed waste plastics into…
Neste Corp. (Espoo, Finland) has successfully concluded its second series of industrial-scale processing runs with liquefied waste plastic at its refinery in Porvoo, Finland. The goal of the processing runs is to further increase the company’s understanding of how different…
Venator Materials PLC (Wynyard, U.K.) announced that it has completed the sale of its Iron Oxide business to Cathay Industries. The enterprise value of the transaction was $140 million and Venator expects to receive cash proceeds of approximately $130 million…
Interphex 2023 — a leading global event for the pharmaceutical industry — takes place at the Javits Center in New York City April 25–27. Over 400 exhibitors will be on hand presenting product innovations and services. A technical conference also…