MOL Group (Budapest, Hungary) announced the inauguration of its €1.3-billion polyol complex in Tiszaújváros, Hungary. The new facility has a production capacity of around 200,000 metric tons per year (m.t./yr) of polyol per year. The ceremony, addressed by Prime Minister…
Biosolutions specialist Cemvita (Houston) announced a significant breakthrough enabling the company to produce substantial quantities of its Sustainable Oil from waste carbon sources. This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA…
BlueAlp, a leading advanced recycling technology company, has signed an agreement with Recupero Etico Sostenibile S.p.A (RES), a waste management pioneer from Italy. BlueAlp will supply a technology license and will engineer, procure and fabricate the unit in its workshop…
Hysata Pty. Ltd. (Wollongong, Australia) has closed what is said to be the largest Series B finding ever in Australia's clean tech industries, announcing a $111-million USD investment round with strong backing from existing major strategic and financial global investors.…
Thermon Group Holdings, Inc. (Austin, Tex.), a global leader in industrial process heating, announced that it is bolstering its customer response times and capabilities with the completion of its recently modernized and expanded manufacturing facilities in Orillia and Oakville, Ontario.…
Axalta Coating Systems (Philadelphia, Pa.) announced that it has entered into a definitive agreement to acquire The CoverFlexx Group (Brighton, Mich.) from Transtar Holding Company for initial cash consideration of $285 million, plus an additional $10 million earnout based on…
Worley Ltd. (North Sydney, Australia) has been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend CCS LLC is a joint venture owned by Chevron, Equinor, and TotalEnergies to…
Honeywell International Inc. (Charlotte, N.C.) and Weatherford International (Houston) announced a partnership to deliver a comprehensive emissions management solution for the energy industry. The agreement combines Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform, providing customers with a powerful…
3M (St. Paul, Minn.) has cut the ribbon on a new 90,000-square-foot expansion at the company’s facility in Valley, Nebraska, that will increase the plant’s manufacturing capacity and add new jobs to the community. The $67 million investment includes new…
BASF SE (Ludwigshafen, Germany) plans to invest in the expansion of its advanced additives plant at its Nanjing, China site. Driven by the rapidly growing market demand in Asia and beyond, this new expansion includes a state-of-the-art production line for…