Latest News: Business
BASF inaugurates modernized acid chlorides and chloroformates plant at Ludwigshafen
BASF SE (Ludwigshafen, Germany) today officially inaugurated its fully modernized plant for the production of acid chlorides and chloroformates (ACCF) at the Ludwigshafen Verbund site. The new production asset represents a milestone for BASF's Intermediates division, designed to combine increased…
Sika closes acquisition of Turkish adhesives and sealants manufacturer Akkim
Sika AG (Baar, Switzerland) has closed the acquisition of Akkim Construction Chemicals Inc. (Hadımköy, Istanbul, Turkey), a leading global manufacturer of adhesives and sealants. The acquisition further strengthens Sika's position in the adhesives and sealants industry and creates substantial growth…
Celanese sells additional Nutrinova stake to Mitsui for $152 million; Mitsui integrates upstream production
Celanese Corporation (Dallas, Texas) has signed a definitive agreement to sell an additional 19% stake in Nutrinova Netherlands B.V. (Amsterdam, the Netherlands), its food ingredients joint venture, to Mitsui & Co., Ltd. (Chiyoda-ku, Tokyo, Japan) for approximately $152 million in…
KBR selected to provide FEED services for Live Oak e-methane production project in Nebraska
KBR, Inc. (Houston, Texas)announced it has been selected by the Live Oak consortium to provide front-end engineering design (FEED) services for the proposed Live Oak project in Norfolk, Nebraska. The Live Oak consortium is an international partnership comprising TotalEnergies SE…
AkzoNobel inaugurates €7.5-million powder coatings innovation lab in the Netherlands
Akzo Nobel N.V. (Amsterdam, the Netherlands) has inaugurated a new €7.5 million innovation lab at its Sassenheim site in the Netherlands, strengthening the company's largest global R&D center. Officially opened by Dutch Minister of Climate and Green Growth Stientje van…
Novonesis to invest €600 million to expand enzyme production facility in India
Novonesis A/S (Lyngby, Denmark) will expand its facility in Patalganga, Maharashtra, India, and build one of the world's most advanced enzyme production facilities. The €600 million investment will increase Novonesis' production capacity to meet rising worldwide demand for the company's…
Symrise to divest terpene ingredients business to Mutares
Symrise AG (Holzminden, Germany) has signed a definitive agreement to sell AmeriTerpenes LLC (Jacksonville, Fla.), its terpene ingredients business, to international private equity investor Mutares SE & Co. KGaA (Munich, Germany). With this divestment, Symrise sharpens its portfolio and concentrates…
Axens to provide technology for Expander Energy’s SAF and renewable diesel projects in Canada
Axens S.A. (Rueil-Malmaison, France), a global leader in sustainable refining and biofuels technology licensing and development, today announced that it has been selected by Expander Energy Inc. (Calgary, Alberta, Canada), a producer of sustainable aviation fuel (SAF) and renewable diesel…
Uniper signs FEED contracts with AFRY, Carbon Clean, Siemens Energy and Topsoe for NorthStarH2 e-methanol plant
Uniper SE (Düsseldorf, Germany) has signed contracts with AFRY AB (Solna, Sweden), Carbon Clean Ltd. (London, U.K.), Siemens Energy AG (Munich, Germany), and Topsoe A/S (Kgs. Lyngby, Denmark) to begin the next development phase for NorthStarH2, a planned e-methanol production…
Saipem awarded pre-FEED contract for Synhelion’s commercial-scale synthetic fuel plant in Germany
Saipem S.p.A. (Milan, Italy) has been awarded a contract by Synhelion AG (Zurich, Switzerland), a producer of renewable synthetic fuels, to execute the pre-FEED (pre-Front-End Engineering Design) activities for a new commercial-scale synthetic fuel plant to be located at RWE…