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Mergers, Acquisitions, and Partnerships news
(page 47)
2 June 2025
Uniper and Microsoft Partner to Transform Energy Industry with AI
AI will enhance energy processes, optimize trading, and improve plant efficiency. A new AI lab and data strategy will support this, ensuring data security and fostering a collaborative AI culture.
2 June 2025
Dow to Sell 50% Stake in DowAksa Joint Venture
Dow sells its stake for $125M, aligning with its core focus strategy. Sale completes Q3 2025, pending approvals. BNP Paribas advised on the deal.
28 May 2025
BASF to Acquire DOMO's 49% Stake in Alsachimie Joint Venture
BASF aims for full control of Alsachimie to enhance its PA 6.6 production in France, pending consultations. DOMO focuses on tailored polyamide solutions in core segments.
27 May 2025
Uniper and thyssenkrupp Uhde Partner on Hydrogen Technology
A demonstration plant for ammonia cracking will be built in Germany to convert ammonia into hydrogen, aiding energy security and supporting the hydrogen economy's growth.
27 May 2025
CARBIOS Secures Biorecycled PET Contracts with L'ORÉAL and L'Occitane
CARBIOS signs multi-year contracts for biorecycled PET, confirming market demand for high-quality, recycled materials to meet circularity and quality goals.
19 May 2025
Keravan Energia and Nordic Ren-Gas Partner for CO₂ Capture and Waste Heat Utilization
Agreements signed to use flue gases for e-methane and waste heat for district heating, aiming for carbon neutrality by 2030. Facility construction starts 2026, operations by 2029.
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19 May 2025
Keravan Energia and Nordic Ren-Gas Partner for CO₂ Capture and Waste Heat Utilization
Agreements signed to use flue gases for e-methane and waste heat for district heating, supporting carbon neutrality and sustainable energy in Kerava. Facility construction starts 2026.
19 May 2025
EEW and GEA Partner for CO₂ Capture in the Netherlands
A mobile test plant will assess CO₂ capture processes, needing regulatory support for large-scale projects. Solutions include CO₂ utilization and storage, enhancing decarbonization efforts.
16 May 2025
ARLANXEO and TSRC Open New NBR Plant in Nantong
The new plant boosts NBR production to 40,000 tons annually, enhancing supply chain and meeting China's market demand with improved environmental standards.
14 May 2025
Aramco Signs 34 MoUs with US Firms
Aramco's $90B MoUs target LNG, chemicals, AI, and more, enhancing shareholder value and fostering innovation with US partners.
13 May 2025
Borealis Advances Circular Economy in 2024
Borealis boosts circular production, expands product lines, and forms strategic partnerships to enhance recycling and sustainability across sectors in 2024.
13 May 2025
Yara and NYK Sign First Ammonia-Fueled Carrier Charter
The agreement for an ammonia-fueled carrier aims to reduce CO2 emissions and support a sustainable ammonia supply chain, aligning with net-zero goals by 2050. Delivery is set for November 2026.
13 May 2025
Lignin Industries Secures €3.9mn for Commercial Expansion
The funding supports scaling of Renol®, a bio-based thermoplastic, with partnerships in electronics, home goods, and construction, aiming to reduce reliance on fossil-based plastics.
12 May 2025
PepsiCo and Yara Expand Partnership to Latin America
The partnership aims to decarbonize agriculture in Latin America using low-carbon fertilizers, enhancing sustainability and supporting regenerative farming practices.
9 May 2025
LANXESS Reports 32% EBITDA Increase in Q1 2025
Sales stable at EUR 1.6B. Net income improved but still negative. Urethane Systems sold. Cost savings and better capacity utilization drive earnings growth.
7 May 2025
Marubeni and ExxonMobil Sign Low-Carbon Ammonia Agreement
The deal secures 250,000 tonnes of low-carbon ammonia annually for Japan, supporting decarbonization goals and aiming to establish a global low-carbon ammonia market by 2030.
6 May 2025
SunGas: Beaver Lake green methanol project enters FEED
Project moves into FEED with engineering firms and technology licensors selected; >$2bn investment, >500,000 t/yr green methanol capacity and construction targeted for mid‑/second‑half 2026.
30 April 2025
INEOS and Covestro Sign 8-Year LNG Supply Deal to Boost European Industry
The agreement ensures long-term energy security for European operations, supporting industrial resilience and addressing energy transition challenges.
28 April 2025
Topsoe to Provide SAF Technology for Zhejiang Jianglan Project
The SAF plant in Zhoushan City will produce 300,000 tons annually, starting December 2026, initially for Europe, later for China, reducing CO2 emissions by 698,000 tons annually.
27 April 2025
Blending Obligation Boosts Perpetual Next's Green Gas Initiatives
The blending obligation mandates green gas in the grid by 2027, enhancing production opportunities and supporting national climate goals.
23 April 2025
Calpine and ExxonMobil Sign CO2 Storage Deal
Agreement to store 2M MTA CO2 from Baytown Energy Center, supporting low-carbon power and steam. Part of ExxonMobil's CCS expansion, enhancing energy security and industrial competitiveness.
23 April 2025
Nobian and Partners Launch Rare Metal Recycling for Electrolyzers
A new initiative recycles rare metals from electrolyzers, enhancing circularity and reducing reliance on virgin materials in the chlor-alkali industry.
21 April 2025
Aramco and BYD Partner on New Energy Vehicle Tech
The agreement aims to enhance vehicle efficiency and environmental performance through joint R&D, focusing on innovative technologies for energy transition and climate solutions.
16 April 2025
Coolbrook and Tenova Partner for CO2-Free Metal Production
The partnership aims to electrify high-temp metal processes, cutting CO2 emissions by integrating RDH™ technology into acid regeneration plants, with plans to expand further.
14 April 2025
Öresundskraft and INEOS to Store 210,000 Tonnes of CO₂ Annually from Sweden in Denmark
The agreement advances cross-border CCS efforts, with storage starting 2028, highlighting international cooperation for climate goals and expanding EU's CO₂ storage capacity.
14 April 2025
Wanhua’s Acquisition of Vencorex: A Critical Juncture for European Chemical Industry
The acquisition raises concerns over job losses, foreign ownership, and automation, but offers potential in green chemistry and highlights the need for regulatory reassessment and community resilience.
9 April 2025
Aramco, Sinopec, Yasref Plan Petrochemical Expansion
The agreement aims to develop a fully-integrated petrochemical complex at Yasref, enhancing production and diversifying output, coinciding with Yasref's 10th anniversary.
9 April 2025
LANXESS Sells Urethane Systems to UBE Corporation
The sale completed on April 1, 2025, for €500M. Proceeds will redeem a bond, reducing leverage to ~3x. This concludes LANXESS's portfolio transformation.
9 April 2025
Clariant and Technip Energies Launch New Catalyst for Low Steam-to-Oil Styrene Production
New catalyst achieves 0.76 S/O ratio, boosting energy efficiency and sustainability in styrene production, suitable for existing, revamped, and new plants.
8 April 2025
Solvay Expands European Rare Earths Production Capacity
The La Rochelle facility begins rare earth production for magnets, aiming to meet 30% of Europe's demand by 2030, enhancing sustainability and supply chain partnerships.
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