Bayer AG (Leverkusen, Germany) and Cinven (London) have entered into a definitive agreement regarding the sale of Bayer’s Environmental Science Professional business for a purchase price of $2.6 billion (2.4 billion euros). “This divestment represents a very attractive purchase price…
Hexpol AB (Malmö, Sweden) has signed an agreement to acquire 70% of the shares in almaak International GmbH, a specialist in recycled engineered polymer compounds based in Krefeld, Germany. The company is engaged in the refinement of plastic raw materials…
Repsol S.A. (Madrid, Spain) announced the beginning of the construction works of the first advanced biofuels plant in Spain at the company’s Cartagena refinery. At the event, Repsol's Chairman, Antonio Brufau, was accompanied by the Director of the industrial complex,…
Air Products (Lehigh Valley, Pa.), together with their regional partner Saudi Arabian Refrigerant Gases Company of Saudi Arabia (SARGAS) — an affiliated company of Abdullah Hashim Gases and Equipment, Air Products’ longstanding industrial gas joint venture in the Kingdom of…
ALPLA Group (Hard, Austria) announced that it has become one of the largest polyethylene terephthalate (PET) recycling companies in Germany. With the acquisition of the recycling company Texplast from the FROMM Group, and all of its shares in the joint…
Accoya USA, LLC (Accoya USA), a joint venture between Accsys Technologies PLC (London) and Eastman Chemical Company (Kingsport, Tenn.), announced that work will begin shortly to start construction of a new Accoya wood production facility in Kingsport, Tennessee, USA, as…
PT Pertamina (Persero), PT Pupuk Indonesia (Persero), and Mitsubishi Corp. (Tokyo) agreed to develop the Green Hydrogen and Green Ammonia Value Chain and Carbon Capture Utilization and Storage (CCUS) businesses. This agreement aligns with the government's target of reducing emissions…
Nippon Shokubai Co. (Osaka, Japan) announced that it has obtained ISCC PLUS certification from the International Sustainability and Carbon Certification system (ISCC)for superabsorbent polymers (SAP) made from caustic soda produced using electricity generated from renewable energy by its subsidiary Nippon…
Tessenderlo Group (Brussels, Belgium) announced that it plans to construct a new production line for organic fertilizers in Vénérolles (Aisne, France). The new line will focus on the production of organic pellets for its Violleau business unit, responding to the…
BASF India Ltd. will expand the production capacity of its Ultramid polyamide grades to meet increasing market demand. The increased capacity at BASF’s production site in Panoli, Gujarat, will be available in Q4 2022. “The additional capacity reaffirms our dedication…