Honeywell (Charlotte, N.C.) and Air Products (Lehigh Valley, Pa.) jointly announced that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This represents approximately 13x estimated…
Biotech company ZymoChem (San Leandro, Calif.) announced the launch of BAYSE, the world's first scalable, 100% bio-based, and biodegradable Super Absorbent Polymer (SAP). This product is set to revolutionize the $145 billion global hygiene industry and pave the way for…
ENTEK (Lebanon, Ore.), a U.S.-based producer of ‘wet-process’ lithium-ion battery separator materials, announced that it has received a conditional commitment of up to $1.2 billion for a direct loan to ENTEK Lithium Separators LLC (ENTEK) from the U.S. Department of…
KBR, Inc. (Houston) is pleased to launch KCOTKlean, a suite of low and zero-carbon technologies aimed at decarbonizing the catalytic olefins process. This technology integrates KBR’s Catalytic Olefins technology, K-COT, with Korea Institute of Machinery and Materials’ (KIMM) CPOx technology. …
Kemira Oyj (Helsinki, Finland) has announced an investment in expanding its ferric chloride capacity in Tarragona, Spain, to enable production of specific biogas products BDP (Biogas Digestion Product). This investment will enable Kemira to respond to the growing market demand…
TotalEnergies S.A. (Paris) announced the acquisition of Tecoil, a Finnish company specialized in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market today. Tecoil currently operates a production facility of…
AkzoNobel N.V. (Amsterdam, the Netherlands) announced that a newly updated and automated production line is up and running at the company's Suzhou site in China, part of a €14-million investment designed to accelerate growth and double the plant’s capacity for…
Cespa (Madrid, Spain) and PreZero Spain have signed a strategic partnership that will enable both companies to advance in their decarbonization objectives. Under the agreement, PreZero Spain will supply biomethane from some of its projects to Cepsa, and the two…
A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials, as well as carbon capture and utilization (para-xylene based on capture CO2), will…
BASF SE (Ludwigshafen, Germany) and Engie S.A. (La Défense, Courbevoie, France) signed a 7-year Biomethane Purchase Agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7 to 3.0 terawatt hours of biomethane throughout the term of the agreement. BASF…