Wacker Chemie AG (Munich, Germany) has acquired the manufacturing assets and know-how of U.S.-based Bio Med Sciences Inc. to expand its expertise and business in silicone-coated healthcare products. A corresponding purchase agreement was signed between WACKER and the Pennsylvania-based company.…
Next Wave Energy Partners, LP (Next Wave) selected Elessent Clean Technologies, Inc. (Elessent) in 2019 to provide STRATCO alkylation technology at the world’s first stand-alone alkylation complex, which has now been completed. Situated in the heart of the Houston Ship…
Chart Industries has been chosen to supply its Howden hydrogen compression solutions to support Repsol’s €657 million expansion of its Sines industrial complex in Portugal. The expansion project is a strategic move towards achieving 100% recyclable high-value materials from two…
Eli Lilly and Co. (Indianapolis, Ind.) announced that it has more than doubled its investment in its Lebanon, Indiana, manufacturing site with a new $5.3 billion commitment, increasing the company's total investment in this site from $3.7 billion to $9…
BASF SE (Ludwigshafen, Germany) announced the inauguration of its second polymer dispersions production line at the Daya Bay site in Huizhou, China. This expansion directly responds to the rapidly growing local demand for high-quality dispersions, reaffirming BASF’s commitment to serving…
ConocoPhillips (Houston) and Marathon Oil Corp. (Houston) announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of…
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successfully started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent in Belgium. The pilot carbon capture…
Hexcel Corp. (Stamford, Conn.) and Fairmat announced a 10-year agreement to recycle carbon fiber composite materials from Hexcel Salt Lake City for reuse in composite materials sold into various commercial markets. Fairmat, a leading international carbon fiber recycler and material…
Neste Corp. (Espoo, Finland) has further expanded its capability to supply sustainable aviation fuel to customers in Europe in cooperation with VTTI, a global leader in energy storage and developer of energy infrastructure. Neste commissioned terminal capacity at VTTI’s ETT…
ENEOS Corp. (Tokyo) and Preferred Networks, Inc. (PFN) announced that they started continuous autonomous operation of an atmospheric distillation unit for processing crude oil in January 2024. ENEOS also has an atmospheric distillation unit currently operated autonomously with an AI…