Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) has entered into a definitive agreement to acquire Capital Paints LLC, a U.A.E.-based thermosetting powder coatings manufacturer specializing in architectural powder coatings. The transaction is subject to required regulatory approvals and other customary closing…
At its site in Brilon, Germany, Bond-Laminates GmbH – a wholly owned subsidiary of specialty chemicals company Lanxess AG (Cologne, Germany; www.lanxess.com) – has commissioned two new production lines for Tepex continuous-fiber-reinforced thermoplastic composites. “We have increased our capacity for…
ArcelorMittal (Luxembourg; www.arcelormittal.com) has signed a memorandum of understanding with international energy firm Equinor ASA (Stavanger, Norway; www.equinor.com) to develop value chains in carbon capture and storage. Equinor is a partner in the Northern Lights project, together with partners Shell…
Siemens AG (Munich, Germany; www.siemens.com) is planning to acquire Process Systems Enterprise Ltd. (PSE; London; www.psenterprise.com), a technology- leading global supplier of software and services for advanced process modelling. Advanced models are used within digital R&D, design and operations in…
CP Kelco (Atlanta, Ga.; www.cpkelco.com) that it will increase pectin production capacity by about 15% at its Lille Skensved, Denmark, facility in response to continued global demand for the product. This significant investment will enhance market supply in 2020 of…
Materials manufacturer Covestro (Leverkusen, Germany; www.covestro.com) has signed an agreement with Serafin Group (Augsburg, Germany; www.serafin-gruppe.de) for the sale of Covestro’s European polycarbonate sheets business, which comprises manufacturing units in Belgium and Italy, central management operations and sales support in…
TEESS, a 50/50 joint venture company, established by Total S.A. (Paris, France; www.total.com), and Envision Group (Shanghai, China; www.envision-group.com), a global leading smart-energy-technology company, launches its commercial activity to develop on site distributed generation solar projects for B2B customers in…
Linde (Pullach, Germany; www.linde.com) developed a novel process to recover high-value products from natural gas, successfully combining leading technologies of BASF SE (Ludwigshafen, Germany; www.basf.com) and Linde. The process simultaneously recovers valuable helium, liquid hydrocarbons, and purified CO2 in addition…
Huntsman Corp.(The Woodlands, Tex.; www.huntsman.com) announced the opening of its new polyurethanes systems house in Dubai. Situated within the Jebel Ali Free Trade Zone (JAFZA), the purpose-built facility strengthens Huntsman's downstream capabilities in the Middle East and North Africa -…
The “Recycling Li-ion batteries for electric Vehicle” (ReLieVe) project, founded by Eramet (Paris, France; www.eramet.com), BASF SE (Ludwighafen, Germany; www.basf.com) and SUEZ (Paris, France; www.suez-environnement.fr), will receive a substantial funding of €4.7 million by EIT Raw Materials, a consortium initiated…