Johnson Matthey Plc (JM; London) announced that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free…
Lonza AG (Basel, Switzerland) announced it has signed an agreement to acquire the Genentech large-scale biologics manufacturing site in Vacaville, Calif. from Roche (Basel, Switzerland) for $1.2 billion. The acquisition will significantly increase Lonza’s large-scale biologics manufacturing capacity to meet…
BASF SE (Ludwigshafen, Germany) held a groundbreaking ceremony in Ludwigshafen for its new fermentation plant for crop protection products. The plant is expected to go into operation in the second half of 2025 and will manufacture biological fungicides and biological…
Clariant AG (Muttenz, Switzerland) and its process partner Lummus Technology (Houston) have been selected by Huizhou Boeko Materials Co. Ltd., to provide their CATOFIN catalyst and process technology for the dehydrogenation of isobutane at the new plant in Huizhou City,…
Australian clean-energy company ABEL Energy Ltd. has selected thyssenkrupp nucera as the preferred supplier of the 260MW of electrolyzers required for our flagship project in Bell Bay, Tasmania, Australia. thyssenkrupp nucera is a global leader in electrolysis technology, offering highly…
The Chemours Company (Wilmington, Del.) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected two of its applications for grants totaling $60 million. These grants will be used by Chemours and its partners for the…
International Flavors & Fragrances Inc. (IFF; New York City) announced that it has entered into a definitive agreement to sell its Pharma Solutions business unit to French leader of plant-based ingredients Roquette (Lestrem, France) for an enterprise value of up…
Novoloop (Menlo Park, Calif.; www.novoloop.com), a leading plastic circular economy technology company, selects Worley Consulting to conduct a Front-End Loading (FEL-2) preliminary engineering study for the company’s breakthrough Lifecycling process. The purpose of the study is to assess commercial project…
JX Nippon Oil & Gas Exploration Corp. (JX; Tokyo) and Chevron New Energies (Chevron), a division of Chevron U.S.A. Inc. (San Ramon, Calif.), have signed a Memorandum Of Understanding (“MOU”) that provides a framework to evaluate the export of Carbon…
thyssenkrupp nucera announced that The US Department of Energy (DOE) has selected thyssenkrupp nucera USA Inc. for a $50 million grant (pending negotiations) under the Bipartisan Infrastructure Law's investment in clean hydrogen and electrolyzer manufacturing. With this major funding from…