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Mergers, Acquisitions, and Partnerships news
(page 50)
23 March 2017
Novo Nordisk and Novozymes Residues to be Converted into Biogas
A new biogas plant in Kalundborg will convert 300,000 tonnes of biomass annually, reducing CO2 by 17,000 tonnes and creating 15-20 jobs. The plant will be operational by spring 2018.
9 March 2017
px group acquires Saltend Industrial Park
The 370-acre site will transition to px over the next few months, with 50 BP workers transferring. BP will remain a major tenant, focusing on acetyls production and research.
9 February 2017
AkzoNobel, Avantium, and Partners Advance Biobased Economy with New Technology
A new reference plant in Delfzijl will use Avantium's Zambezi process to convert non-food biomass into high-purity glucose and lignin, accelerating the biobased economy.
26 January 2017
Momentive Breaks Ground on NXT Silane Facility in Leverkusen
The new facility in Leverkusen will expand production of NXT silane for the automotive industry, enhancing local supply and supporting global demand for low rolling resistance tires.
11 January 2017
Coolrec Opens Plastics Compounding Plant in Emmen
The new plant refines recycled plastic pellets for consumer goods, enhancing sustainability and supporting the circular economy with high-value secondary raw materials.
20 December 2016
WACKER Acquires Spanish Fermentation Plant to Boost Cysteine Production
WACKER invests €30M to modernize a newly acquired Spanish fermentation plant, boosting cysteine production and creating 35 jobs, meeting growing demand in food and pharmaceutical sectors.
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7 November 2016
MOL Group Sets 2017-2021 Financial and Operational Targets
MOL plans $2bn capex for refining, petrochemicals, and retail, aiming for higher non-fuel product share and market expansion. Focus on efficiency, diversification, and maintaining strong cash flow.
7 October 2016
Synvina JV by BASF and Avantium Invests in Antwerp FDCA Plant
Synvina aims to lead in FDCA and PEF production, investing in a 50,000-ton plant in Antwerp. The JV will leverage Avantium's YXY process and continue partnerships for bio-based packaging solutions.
29 September 2016
First Industrial-Scale Bio-Butanediol Plant Opens
The new plant produces 30,000 tonnes/year of bio-butanediol, cutting CO2 emissions by 50%. It revitalizes an abandoned site, creating jobs and advancing bioplastics and chemical sustainability.
26 September 2016
LANXESS to Acquire Chemtura
The acquisition will enhance LANXESS' additives portfolio, creating a major player in flame retardant and lubricant additives, with expected annual synergies of EUR 100 million by 2020.
20 September 2016
Evonik Invests in Vivasure Medical
Evonik's investment supports Vivasure's bioabsorbable arteriotomy closure device, leveraging Evonik's polymer expertise to enhance minimally invasive procedures and patient outcomes.
1 September 2016
LANXESS Acquires Chemours' Clean and Disinfect Business
The acquisition, valued at EUR 210 million, enhances LANXESS' North American presence and is expected to boost EPS and EBITDA. The business includes disinfectants, potassium monopersulfate, and chlorine dioxide.
24 August 2016
GETEC Acquires Emmtec Industry Park from Nuon
GETEC will acquire Emmtec Industry Park, ensuring employment for 200 staff. The deal, pending antitrust approval, aims to enhance GETEC's European market presence and competencies in the chemical industry.
27 July 2016
Musim Mas Europe Acquires Dutch Glycerine Refinery
DGR, established in 2014, is the largest crude glycerine refinery globally. Located in Delfzijl Chemical Park, it offers easy access to European markets and serves diverse industries.
27 July 2016
Veolia Acquires Szakoly Biomass Power Plant in Hungary
The Szakoly plant, operational since 2009, produces 130 GWh annually. The acquisition strengthens Veolia's renewable energy footprint in Hungary, aiming for efficient management and potential cogeneration.
16 June 2016
Emerald Kalama Expands HCA and ACA Production at UK Facility
The expansion at the UK facility will boost production of HCA and ACA to meet rising demand in fragrance and personal care markets, with full operations expected in 2017.
3 May 2016
DOMO and TOTAL Enhance Leuna Chemical Site
The investment strengthens regional feedstock integration and adapts to declining gasoline demand, ensuring long-term access to strategic materials for polyamide 6 production at Leuna.
26 April 2016
Zenith Energy Acquires BP's Amsterdam Terminal
Zenith plans to invest $100M in the Amsterdam terminal to enhance LPG storage. The facility, in the ARA region, has over six million barrels of capacity and extensive connectivity for transport.
1 April 2016
UBE Merges Three Spanish Subsidiaries
The merger, effective March 31, 2016, aims to enhance operational efficiency and strengthen the business platform in Spain, focusing on nylon, caprolactam, and fine chemicals production.
20 March 2016
Synthomer Acquires Hexion Performance Adhesives & Coatings
The $226M acquisition, funded by cash and credit, enhances Synthomer's market position, adding 750 employees, 7 sites, and $370M in sales. Expected synergies are $12M by 2018 with $21M in costs.
15 March 2016
BASF and Avantium to Form JV for FDCA Plant in Antwerp
The JV will produce FDCA using Avantium's YXY process, aiming for a 50,000 metric ton plant in Antwerp. FDCA-based PEF offers improved packaging properties and recyclability.
3 February 2016
Zenith Energy Acquires Amsterdam Terminal from BP
The acquired terminal in Amsterdam has over six million barrels of storage, advanced blending capabilities, and significant expansion potential. BP will remain a key customer.
15 December 2015
Honeywell Acquires Sigma-Aldrich's Research Chemicals Business
The acquisition enhances Honeywell's portfolio with high-purity solutions for drug discovery and lab applications, integrating Fluka and Sigma-Aldrich brands into its Fine Chemicals business.
3 December 2015
Celanese Sells Tarragona Emulsions Unit to IQOXE
The sale includes a 25,000mt emulsions unit with 29 employees. Celanese will still market certain products. The VAE unit will close due to lack of buyers, with production ceasing in October.
10 November 2015
MOL Group Expands with New Butadiene Plant in Hungary
A new butadiene unit in Hungary and an LDPE unit in Slovakia mark key milestones. A synthetic rubber plant is also planned. These projects enhance competitiveness and expand the product portfolio.
9 November 2015
INEOS, ExxonMobil, and Shell to Supply US Ethane to Fife Ethylene Plant
The Fife Ethylene Plant in Scotland will receive US ethane from INEOS' new Grangemouth terminal, enhancing feedstock supply and securing jobs. The plant has an annual capacity of 830,000 tonnes.
2 November 2015
Evonik Acquires Dutch Hydrogen Peroxide Producer
The acquisition includes the Delfzijl plant, boosting H2O2 capacity in Europe to over 250,000 metric tons annually, enhancing service and meeting regional demand.
1 November 2015
Evonik Acquires Hydrogen Peroxide Producer in Delfzijl
The acquisition boosts hydrogen peroxide capacity in Europe to over 250,000 metric tons annually, enhancing service and meeting regional demand. The Resource Efficiency segment generated €4 billion in 2014.
30 September 2015
ACP to Invest in CO2 Recovery Unit in Odessa
The unit will recover waste CO2 from OPZ’s ammonia plant, producing 100,000t annually. Investment is 15-20 million euros, targeting the food, beverage, and transport cooling industries.
12 September 2015
ILBOC Lube Base Oils Plant Opens in Cartagena
The new plant, producing high-quality lube base oils for Euro VI engines, has a capacity of 630,000 tons/year, covering 40% of European demand and increasing bulk liquid cargo transport.
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