Ascend Performance Materials (Houston; www.ascendmaterials.com) signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of…
Linde (Guildford, U.K.; www.linde.com) announced it has started up a new air separation unit (ASU) in Freeport, Texas, as part of a long-term agreement to supply MEGlobal's new ethylene glycol (EG) plant in Oyster Creek, Texas. The new ASU will…
BASF SE (Ludwigshafen, Germany; www.basf.com) is announcing a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain. This state-of-the art plant will produce cathode active…
Towell Engineering Group (Muscat, Oman; www.towellengineering.com) and GF Biochemicals (Geleen, the Netherlands; www.gfbiochemicals.com) announced the formation of a joint venture (JV) for the production and marketing of biochemicals using GF Biochemicals proprietary technology.The aim of the JV, NXTLEVVEL Biochem (Geleen,…
INEOS (London; www.ineos.com) and UPM Biofuels (Helsinki, Finland; www.upmbiofuels.com) have announced a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS Köln, Germany. UPM has also partnered with Dow to…
Svante, Inc. (Burnaby, B.C., Canada; www svanteinc.com) announced that Chevron Technology Ventures (CTV) commissioned a pre-front end engineering design (pre-FEED) study that will explore the potential for trialing Svante’s technology in Chevron’s operations. The study will evaluate the feasibility and…
INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT; www.ipt.invista.com), and SASA Polyester Sanayi A.Ş. (SASA) signed a Letter of Intent (LOI) on the 3rd of February 2020, confirming the selection of IPT as the purified terephthalic acid (PTA) licensor…
Air Liquide (Paris; www.airliquide.com and BASF SE (Ludwigshafen, Germany; www.basf.com) have recently signed three new long-term contracts in the Antwerp basin (Belgium). Leveraging on five existing onsite production plants in the Antwerp basin, Air Liquide has entered into a new…
Dell Technologies (www.delltechnologies.com) has announced the startup of the world’s most powerful industrial supercomputer, the HPC5, which was powered at Eni S.p.A.’s (Milan, Italy; www.eni.com) Green Data Centre. The drive to create environmentally sound and sustainable futuristic performance brought Dell…
Showa Denko K.K. (SDK; Tokyo; www.sdk.co.jp) has introduced an artificial intelligence (AI) based search system to look efficiently for information useful for capital investment evaluation from the company’s knowledge databases. This new search engine uses an AI system named “KIBIT,”…