Thermo Fisher Scientific Inc. (Waltham, Mass.) announced that it has completed its acquisition of Olink Holding AB (Uppsala, Sweden), a leading provider of next-generation proteomics solutions. The transaction values Olink at approximately $3.1 billion, net of $96 million of acquired…
Elementis plc (London) has announced a significant development to the coatings industry with the expansion of its NiSAT (Non-Ionic Synthetic Associative Thickeners) technology production in China. This strategic initiative is set to deliver performance and eco-friendly features to the Chinese…
Evonik Industries AG (Essen, Germany) has announced the expansion of its sodium methylate production capacity at its Rosario plant, located in the Sante Fé Province in Argentina. With this expansion, the company strengthens its position as a leader in the…
Lummus Technology (Houston; www.lummustechnology.com), a global provider of process technologies and value-driven energy solutions, and MOL Group (Budapest, Hungary; www.molgroup.info), the leading integrated Central Eastern European oil and gas corporation, announced the commencement of the design phase for the…
ArcelorMittal SA (Luxembourg; www.arcelormittal.com) and Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo; www.mhi.com) are working with a climate tech company, D-CRBN (Antwerp, Belgium; www.d-crbn.com), to trial a new technology to convert CO2 captured at ArcelorMittal’s plant in Gent, Belgium into carbon…
A new survey of 300 corporate researchers in industries including pharmaceuticals, life sciences and chemicals has been published by Elsevier B.V. (Amsterdam, the Netherlands; www.elsevier.com), a global leader in scientific information and data analytics. The 2024 Elsevier Attitudes on AI…
Honeywell (Charlotte, N.C.) and Air Products (Lehigh Valley, Pa.) jointly announced that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This represents approximately 13x estimated…
Biotech company ZymoChem (San Leandro, Calif.) announced the launch of BAYSE, the world's first scalable, 100% bio-based, and biodegradable Super Absorbent Polymer (SAP). This product is set to revolutionize the $145 billion global hygiene industry and pave the way for…
ENTEK (Lebanon, Ore.), a U.S.-based producer of ‘wet-process’ lithium-ion battery separator materials, announced that it has received a conditional commitment of up to $1.2 billion for a direct loan to ENTEK Lithium Separators LLC (ENTEK) from the U.S. Department of…
The white paper, "Winning at Scale: What Companies Need to Know About the Power of Licensing” outlines the benefits of using a licensing approach to commercialize chemical process technologies. It emphasizes how licensing can accelerate market entry, conserve capital, and…