Mantel Capture, Inc. (Mantel), the technology provider of a carbon capture system using molten borates, announced it has raised $30 million in Series A funding co-led by Shell Ventures and Eni Next. Additional participating investors include Engine Ventures, New Climate…
Evonik Industries AG (Essen, Germany) has officially opened a new facility for drying aqueous dispersions of EUDRAGIT polymers at its site in Darmstadt. The new double-digit million-euro excipient manufacturing facility enables Evonik to meet the increasing demand from pharmaceutical customers…
The preliminary value for the CE Plant Cost Index (CEPCI) for June 2024 (most recent available) decreased slightly compared to the previous month’s value. Since the beginning of the year, the value has been hovering around 800. The small decline…
The American Institute of Chemical Engineers (AIChE; New York, N.Y.) announced that Darlene S. Schuster, PhD, will retire as CEO and Executive Director, effective October 31, 2024. AIChE’s Board of Directors will begin a nationwide search for a new CEO…
Nouryon (Amsterdam, the Netherlands) has commenced operations at its new Integrated Manufacturing Model site in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil, which includes the production of hydrogen peroxide, sodium chlorate, and chlorine dioxide. The new investment, designed…
Teijin Frontier Co., Ltd., announced that it will expand production capacity for conjugate filaments by increasing the number of spinning and drawing machines at its group company, Teijin Polyester (Thailand) Limited (TPL). The goal is to meet increasing global demand…
Methanex Corp. (Vancouver, B.C., Canada; www.methanex.com) announced that it has entered into a definitive agreement to acquire OCI Global’s (Amsterdam, the Netherlands; www.oci-global.com) international methanol business for $2.05 billion. The transaction includes OCI’s interest in two world-scale methanol facilities in…
Nanoform Finland Plc (Helsinki, Finland), a nanoparticle medicine enabling company, and Celanese Corp. (Dallas, Tex.) announced an expansion of their collaboration to cover biologic drug delivery. The companies will combine Nanoform’s Biologics platform with the Celanese VitalDose Drug Delivery platform…
OneD Battery Sciences (Palo Alto, Calif.) announced the successful completion and commissioning of its SINANODE pilot production line in Moses Lake, Washington. This milestone marks an important step forward in scaling up the production of OneD's silicon-graphite anode materials for…
LOTTE Energy Materials (Seoul, South Korea) is set to commence full-scale sales of key materials for next-generation all-solid-state batteries with the completion of a pilot plant for sulfide-based solid electrolytes. LOTTE Energy Materials has invested 15 billion KRW (around $11…