Covestro AG (Leverkusen, Germany) and Encina Development Group, LLC (Encina) reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic. Specifically, Encina will supply Covestro with benzene and toluene pending the completion of Encina's world-scale…
Fujifilm Corp. (Tokyo) announced a capital investment of approximately 6 billion yen in its Kumamoto site to further expand its Electronic Materials business. FUJIFILM Electronic Materials Co., Ltd. (Yokohama City), the core company that leads Fujifilm’s Electronic Materials business, will…
Solvay S.A. (Brussels, Belgium) has announced capacity expansions at its Resolest and Solval units, specifically designed for recycling residues from the fluegas cleaning process using the market-leading SOLVAir solution. The rising demand for this advanced technology stems from the enforcement of…
LyondellBasell Industries B.V. (LYB; Rotterdam, the Netherlands) has entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corporation (Alujain) for approximately $500 million. Enabled by its Spheripol polypropylene (PP) technology,…
Fairway Methanol LLC, a US-based 50-50 joint venture between Mitsui & Co., Ltd. (Tokyo) and Celanese Corp. (Dallas, Tex.), has begun the production of methanol by using carbon dioxide (CO2) emitted from plants surrounding the joint venture's facility. Fairway Methanol…
newcleo (London), the clean and safe nuclear technology company developing innovative Generation IV LFR Small Modular Reactors and MOX fuel production, has signed an agreement with MAIRE S.p.A.’s subsidiaries NextChem Tech and Tecnimont to apply newcleo’s reactors to decarbonize the…
Ecolab, Inc. (St. Paul, Minn.) announced the grand opening of its new cutting-edge manufacturing plant in Ho Nai Industrial Park, near Ho Chi Minh City. This new facility demonstrates Ecolab’s continued commitment to supporting customers, innovation, and sustainability in Vietnam…
Solenis (Wilmington, Del.) will invest $193 million to expand its operation in the City of Suffolk, Virginia. The company will build a new 80,000-square-foot production facility, packaging facility and tank farm, and add a new rail spur to accommodate production…
More than 82 companies, businesses and social organizations – including AkzoNobel N.V. (Amsterdam, the Netherlands) – are involved in a major Dutch research program focused on developing new technologies that will help solve some of today’s societal challenges. Seven broad…
Arkema S.A. (Colombes, France) has become a shareholder of the startup Tiamat, spun off from the CNRS (Centre National de la Recherche Scientifique) in 2017 and a pioneer in sodium-ion battery technology. This investment will enable the Group to accelerate…