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Mergers, Acquisitions, and Partnerships news
(page 46)
8 July 2025
CO2 Pipeline Investment to Decarbonize UK Cement and Lime Industry
A £59.6M investment will develop a CO2 transport pipeline for the Peak Cluster project, aiding UK cement and lime decarbonization and supporting 13,000 jobs. Completion expected by 2028.
4 July 2025
GES Sells Amsterdam Terminal After 10 Years
After expansions, the terminal now holds 300,000 m³ for fuels. The sale aligns with a strategy to focus on growth in Port Klang, Malaysia. Financial terms are undisclosed.
2 July 2025
TotalEnergies Sells 50% of Portuguese Renewable Assets
The company retains operation and 50% stake, selling the rest for €178.5M. It will buy and commercialize production post-tariff expiry, optimizing capital in renewables.
2 July 2025
ORLEN and Naftogaz Sign New Gas Supply Deal
140 million cubic metres of U.S. LNG will be supplied to Ukraine, enhancing energy security and supporting EU goals.
1 July 2025
BASF Acquires Full Ownership of Alsachimie Joint Venture
The acquisition enhances operational efficiency and supply reliability for PA 6.6 production, aligning with strategic goals to optimize raw material integration and expand production capabilities.
1 July 2025
BASF Sells Styrodur® Business to BACHL
The transaction completed on June 30, 2025. BASF shifts focus to EPS, increasing Neopor® capacity. Styrodur® employees stay with BASF.
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30 June 2025
Univation and C3 AI Partner for AI-Driven Predictive Maintenance in Petrochemicals
The collaboration enhances operational efficiency, reduces maintenance costs, and improves asset availability using AI-powered predictive maintenance solutions.
27 June 2025
Antwerp-Bruges Port Hosts Flemish and German Energy Transition Talks
Flemish and German governments discuss energy transition, industrial cooperation, and infrastructure at Antwerp-Bruges, focusing on hydrogen, CO₂ exports, and cross-border partnerships.
26 June 2025
Solvay and Enagás to Develop Hydrogen Storage in Spain
The project in Cantabria will use salt caverns for hydrogen storage, supporting Spain's renewable energy goals and enhancing network stability.
26 June 2025
First Joint Azeri Crude Shipment Arrives in Omišalj
92,000 tonnes of Azeri crude arrive in Omišalj, enhancing regional supply flexibility and security, and supporting crude diversification. Further shipments are planned.
25 June 2025
Infinium's Roadrunner Project Secures HSBC Financing
Pecos, TX eSAF plant will produce ~23,000 t/yr (7.6M gal) using renewables and captured CO2; backed by Brookfield/Breakthrough Energy; airline offtakes secured; construction underway.
24 June 2025
Borealis and AnQore Enhance Circularity in Acrylonitrile Chains
Borealis' Borvida™ B-propylene enables sustainable acrylonitrile production, reducing carbon footprint by up to 90% without performance loss, supporting a shift from fossil feedstocks.
24 June 2025
Covestro Acquires Pontacol to Boost Specialty Films
The acquisition enhances production capacity, expands the product portfolio, and strengthens global manufacturing, targeting growth in medical, mobility, and textile markets.
23 June 2025
KMG and CNPC Enhance Cooperation
Leaders discussed gas supply terms, infrastructure development, and mature field technologies, confirming commitment to strategic collaboration.
20 June 2025
CVC DIF Acquires OMR Moerdijk, Dutch Biogas Firm
OMR processes 50,000 tonnes of food waste into biogas annually. A new biogas upgrader will enhance biomethane production, supporting the Dutch energy transition.
19 June 2025
Climeworks and Carbon Centric Sign Carbon Removal Agreement
Norway and Switzerland launch a pilot for cross-border carbon removal, featuring a BECCS project and international carbon credit trading under the Paris Agreement.
17 June 2025
TCO Explores Localization in Shymkent for Oil and Gas Projects
TCO and IMBC visited Shymkent to assess local production capabilities, promote cooperation, and signed a Memorandum to boost machinery building for the oil and gas industry.
17 June 2025
Greenergy Acquires French Fuel Distributor Armorine
The acquisition marks entry into the French market, enhancing growth with traditional and renewable fuels, leveraging logistics and biofuel expertise. Regulatory approval pending.
16 June 2025
KLP Purchases Carbon Removal from Carbon Centric
KLP partners with Carbon Centric for carbon removal, marking a key milestone and supporting climate action projects.
16 June 2025
Krah Pipes OÜ Utilizes BorSafe™ for Advanced Pipe Solutions
Aging water tanks in Aarhus are replaced with durable, sustainable PE pipes, enhancing efficiency, reducing maintenance, and supporting long-term infrastructure reliability.
14 June 2025
RIFT and Kingspan Unidek Sign First Commercial Iron Fuel Contract
Iron Fuel Technology debuts commercially with a boiler installation in the Netherlands, supporting sustainability goals and showcasing scalable industrial decarbonization.
12 June 2025
Origin by Ocean and CABB Group to Build Algae Biorefinery in Finland
The biorefinery will process invasive brown algae into sustainable ingredients, addressing environmental issues and offering alternatives to fossil-based chemicals.
12 June 2025
Sumitomo and Skovgaard Form Biogas Joint Venture
The joint venture will produce biogas and e-SAF, aiming for 40 million Nm³ of biogas annually, supporting Denmark's carbon neutrality goals and expanding bioenergy solutions.
11 June 2025
Neste and Chevron Lummus Global Develop Technology for Renewable Fuels from Lignocellulosic Waste
A new technology converts lignocellulosic biomass into renewable fuels, showing promising pilot results and aiming for commercial scale to meet renewable fuel demand and emission targets.
10 June 2025
Coolbrook and Turbostream Partner to Advance Decarbonization Tech for Heavy Industry
The collaboration uses advanced simulations to optimize and accelerate the deployment of decarbonization technologies, potentially cutting global CO₂ emissions by 30%.
9 June 2025
Moeve and REVEL Collaborate to Enhance Leasing Services
Leasing customers gain access to refueling, car washing, and ultra-fast charging services via a mobile app, enhancing convenience and digital integration.
5 June 2025
LyondellBasell to Sell European Assets to AEQUITA
The sale includes olefins and polyolefins sites in France, Germany, UK, and Spain. Closing expected by mid-2026, pending consultations and regulatory approvals.
3 June 2025
Lummus Partners with InnoVent on Tire Pyrolysis Technology
The MoU aims to license and deploy tire pyrolysis technology globally, converting waste tires into valuable products and supporting sustainability.
3 June 2025
Clariant Catalyst Powers INERATEC's E-Fuels Plant in Frankfurt
The plant recycles 8,000 tons of CO₂ annually into 2,500 tons of synthetic fuels, using a catalyst that enhances efficiency and stability for sustainable fuel production.
2 June 2025
Lummus Acquires NAPCON from Neste, Enhances Digital and AI Capabilities
Lummus integrates NAPCON's AI solutions, boosting operational safety, performance, and sustainability in industrial operations through advanced digital technologies.
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