Henkel AG (Düsseldorf, Germany) completed the acquisition of the US-based advanced materials start-up NBD Nanotechnologies Inc. (NBD Nano). NBD Nano, headquartered in Boston, Massachusetts, has expertise in developing surface properties such as repellency for plastics or optical coatings for displays.…
Piedmont Lithium, Inc. announced the selection of Etowah, Tennessee in McMinn County as the location of the Company’s planned 30,000 metric ton per year (m.t./yr) LHP-2 lithium hydroxide operation (Tennessee Lithium). With a planned completion and start of production in…
Green hydrogen firm Lhyfe has placed an order for ten 5-MW European manufactured PEM (proton exchange membrane) electrolyzer systems with Plug Power Inc. (Latham, N.Y.) for production of green hydrogen across multiple plants in Europe. This is the largest electrolyzer order…
KBR, Inc. (Houston) announced that it has been awarded a study to develop a carbon-neutral, green ammonia-based power system for a semi-submersible drilling unit owned by Odfjell. KBR will collaborate with Odfjell, Equinor and Wärtsilä to assess conversion of the…
Kemira Oyj (Helsinki, Finland) has signed a definitive agreement to sell its colorants dye business to U.S.-based ChromaScape, LLC. Revenue of the business in 2021 was approximately €50 million and 67 employees will be transferred to ChromaScape as part of…
Stora Enso Oyj (Helsinki, Finland) acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1.020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable…
BASF SE (Ludwigshafen, Germany) and Samsung Heavy Industries Co., Ltd. (SHI) will carry out a collaborative feasibility assessment of capturing CO2 onboard maritime vessels using BASF’s OASE blue technology for flue gas applications. Towards this end, both parties signed a…
Swiss clean energy company Synhelion S.A. (Lugano, Switzerland) recently announced a major milestone by becoming the first company in the world to successfully produce syngas on an industrial scale using only solar heat as an energy source, through their innovative…
LyondellBasell (Rotterdam, the Netherlands) announced that Hanwha Solutions Corporation (Hanwha) will use the LyondellBasell Lupotech T high-pressure polyethylene technology at a new site in Yeosu, South Korea. The Lupotech T process technology will be used for a 300,000 ton per…
Lanxess AG (Cologne, Germany) has commissioned a new wastewater treatment plant at its Belgium Kallo/Antwerp site. The special chemicals company invested around EUR 12 million in the plant, which has a treatment capacity of around 260,000 L of wastewater per…