Saipem S.p.A. (San Donato Milanese, Italy) has received a full notice to proceed for a large-scale CO2 capture project at Stockholm Exergi’s existing bio-cogeneration plant in Sweden, after the successful financial closure of the project. The contract is worth approximately…
In a pair of separate announcements, automation giants Honeywell International, Inc. (Charlotte, N.C.) and Siemens AG (Munich, Germany) affirmed their commitment and significant investment in the life sciences and biomanufacturing sector, also signifying the growing capabilities of artificial intelligence (AI)…
Sika AG (Baar, Switzerland) has announced the opening of a new plant for mortars in Quito, Ecuador. This strategic investment enhances Sika’s ability to tap into Ecuador’s full market potential for its mortar solutions, which will be primarily used for…
Wacker Biotech, a leading contract development and manufacturing organization (CDMO) wholly owned by Wacker Chemie AG (Munich, Germany), announced a strategic collaboration with RNAV8 Bio, a Boston-based pioneer in mRNA engineering. The collaboration is aimed at progressing the development and…
In data released today, the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) said chemical production in the U.S. was up during the month of February. “U.S. chemical production expanded during the second month of 2025, up by 0.2 % from…
Lummus Technology (Houston, Tex.; www.lummustechnology.com), a global provider of process technologies and value-driven energy solutions, announced the successful startup of its SRT-e™ commercial demonstration unit. The milestone, achieved at Lummus' R&D center in Pasadena, Texas, validates the heating system components…
INEOS Energy (London, U.K.; www.ineos.com) has today announced the completion of the acquisition of the U.S. Gulf business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of CNOOC International Limited (Beijing, China; www.cnoocinternational.com). The deal increases INEOS Energy’s…
Kemira Oyj (Helsinki, Finland) has completed the acquisition of Thatcher Group’s iron sulfate coagulant business in the East Coast region of the U.S. The transaction includes certain customers and assets of the business. No employees will move to Kemira in…
Lanxess AG (Cologne, Germany) has completed the sale of its Urethane Systems business to UBE Corp. (Tokyo) on April 1, 2025. UBE is a global manufacturer of chemical products and listed on the Tokyo Stock Exchange. All relevant antitrust authorities…
Kuraray Co. (Tokyo) has decided to acquire Nelumbo Inc. (Hayward, Calif.), a company that has developed a unique materials technology for surface modification. The purchase price has not been disclosed. Nelumbo was founded in 2016 as a technology start-up out…