Long-term offtake secures certified RFNBO hydrogen from a 14,000‑t/yr renewables-powered chlor‑alkali electrolyser, supporting RED III compliance and Rotterdam hub supply.

New Charlotte coating line adds regional wet-process separator capacity; commercial output planned H2 fiscal 2026 and will pair with a planned Canadian plant.

Transaction cleared overwhelming preliminary shareholder votes; remains subject to regulatory approvals, certification and other customary closing conditions with closing targeted H1 2027.

Contracts fund urea licensing, PDP and proprietary equipment across Asia, Europe and North America, plus a feasibility study for a 40,000 t/yr polyolefin upcycling plant.