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Mergers, Acquisitions, and Partnerships news
(page 52)
3 June 2024
Covestro Invests in BioBTX for Innovative Recycling Technology
Covestro's investment supports a demonstration plant in the Netherlands to produce chemicals from plastic waste, advancing circular economy goals and enhancing chemical recycling technology.
30 May 2024
Freepoint Eco-Systems and North Sea Port to Develop Advanced Plastics Recycling Facility in Belgium
The facility will recycle 80,000 metric tons of plastic annually, with future expansion to 160,000 tons. Construction starts post-permitting in 2025, supporting circular economy and low-carbon goals.
30 May 2024
L’OCCITANE and CARBIOS Unveil 100% Enzymatically Recycled PET Bottle
A new PET bottle made from enzymatic recycling showcases a European circular economy, reducing CO2 emissions by 57% and aiming for 100% recycled PET in retail bottles by 2027.
29 May 2024
Asahi Kasei to Acquire Calliditas for SEK 11.8 Billion
The acquisition will be executed through a voluntary tender offer, with major shareholders committed. It aligns with Asahi Kasei’s strategy to expand in healthcare, focusing on R&D and unmet medical needs.
29 May 2024
Mura and Elite Recycling Partner for Hydro-PRT Site in Teesside
A new feedstock supply contract will provide post-use plastic for a hydrothermal recycling facility, converting waste into reusable hydrocarbons and reducing carbon emissions.
28 May 2024
TerraX and SWEN Capital Partners Invest 100M€ in Italian Biomethane Projects
The joint venture will build over 10 biomethane projects in Italy, aiming to cut transport emissions and reduce chemical fertilizer use. SWIFT 2 fund raised €580M, focusing on renewable gas and hydrogen.
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27 May 2024
Neste and VTTI Enhance Sustainable Aviation Fuel Supply in Europe
Neste expands SAF storage and blending at VTTI’s Rotterdam terminal, boosting supply across Europe and supporting the ReFuelEU Aviation Regulation for sustainable fuel use by 2025.
22 May 2024
Metafuels and European Energy to Build eSAF Facility in Denmark
The facility will produce 12,000 liters of eSAF daily, aiding aviation's climate goals with high-efficiency aerobrew technology, reducing emissions by up to 90% without altering aircraft.
22 May 2024
Ecomaison, Covestro, Secondly, and Federal Eco Foam Launch PU Foam Recycling Project
The project aims to enhance PU foam recycling from used mattresses using combined mechanical and chemical methods, focusing on material efficiency and sustainable circular economy development.
21 May 2024
Verdalia Bioenergy to Acquire 7 Biomethane Plants in Italy
The acquisition includes 7 plants in Brescia with 190 GWh capacity, expanding Verdalia's European presence. The plants process animal residues and agricultural by-products, reducing 65,000 tonnes of emissions annually.
21 May 2024
Hitachi and Asco to Supply CO2 Liquefaction Plant for Swiss Energy Project
A new plant will capture and liquefy CO2 from a Swiss biogas facility, reducing emissions and fossil CO2 reliance. The liquid CO2 will be used in various industrial and commercial applications.
21 May 2024
Novo Holdings and A.P. Moller Holding Invest €150M in CIRCTEC's Tyre Pyrolysis Plant in the Netherlands
The €150M funding will build Europe's largest tyre pyrolysis recycling facility in Delfzijl, converting waste tyres into sustainable fuels and chemicals, reducing emissions and supporting circular economy.
18 May 2024
Sinopec to Partner with SIBUR on Polyethylene Project in Kazakhstan
KazMunayGas and Sinopec signed an agreement for a polyethylene project in Atyrau, with a final investment decision expected in 2024. The project aims to leverage Sinopec's expertise and technology.
16 May 2024
Ivy Farm and Synbio Powerlabs Partner to Scale Cultivated Meat Production in Finland
A new facility in Finland, supported by a €2.99M grant, will scale production of cultivated meat and precision fermentation, aiming to revolutionize sustainable food manufacturing.
14 May 2024
RWE to Build Green Hydrogen Plant in Grangemouth
The project will produce up to 3.6 tonnes of hydrogen per hour by 2029, aiding decarbonisation and supporting Scotland's net zero goals. Initial capacity is 200MWe, with potential expansion to 600MWe.
14 May 2024
Arkema and ProLogium to Build Gigafactory for Next-Gen Batteries in France
The collaboration will focus on advanced R&D for efficient, safe, and sustainable lithium-ceramic batteries, supported by a French government subsidy under the "France 2030" plan.
10 May 2024
Jordan inks $1B green ammonia plant
Off-grid Aqaba plant: 550 MW solar + BESS, electrolysis to yield 100,000 t/yr green ammonia for Europe/Asia; cuts ~200,000 tCO2/yr; FID 2027, ops 2030
10 May 2024
SMA Mineral and Infinium Collaborate on eFuels in Norway
The project at Mo Industripark will use CO2 from quicklime production to create eFuels, aiding decarbonization in heavy industries and supporting sustainable mobility and economic growth.
6 May 2024
IPP to Sell BASF's Ammonia, Methanol, and Melamine Plants in Germany
BASF's ammonia, methanol, and melamine plants in Ludwigshafen are for sale. The deal excludes financial details. The plants offer efficient production and are available for relocation.
2 May 2024
Arkema Acquires Dow's Laminating Adhesives Business
The acquisition expands Arkema's flexible packaging solutions, enhancing its market position. The deal includes five production sites and aims for $30M EBITDA synergies in five years. Completion by Q4 2024.
1 May 2024
INEOS Acquires LyondellBasell's Ethylene Oxide Business
The acquisition expands INEOS's U.S. presence, enhancing its ethylene oxide operations. The Bayport site offers growth potential and aligns with INEOS's strategic goals.
17 April 2024
Arkema Acquires Majority Stake in Proionic for Next-Gen Battery Solutions
The acquisition enhances Arkema's battery materials portfolio, leveraging Proionic's ionic liquids for improved battery performance and sustainability, aligning with Arkema's innovative and sustainable solutions strategy.
17 April 2024
BASF, SABIC, and Linde Launch World's First Electrically Heated Steam Cracking Furnace
The new furnace at BASF's Ludwigshafen site uses renewable electricity to cut CO2 emissions by 90%, supported by a €14.8M German grant, aiming for industrial market maturity.
16 April 2024
Provaris and Norwegian Hydrogen Partner to Boost EU Hydrogen Supply
The MOU aims to develop green hydrogen projects in the Nordics, focusing on production, export, and infrastructure, with a Design Concept Study to be completed by 1H2023.
16 April 2024
Topsoe to Provide Technology for Cepsa's 2G Biofuels Plant in Spain
The new plant will produce 500,000 tons of SAF and renewable diesel annually using HydroFlex™ technology, doubling renewable fuel capacity and supporting decarbonization in hard-to-electrify sectors.
10 April 2024
SCA and St1 Launch Biorefinery for 200,000 Tons of Renewable Fuel in Gothenburg
The new biorefinery will produce sustainable fuels from tall oil, enhancing resource efficiency and climate benefits. It supports Sweden's and the EU's climate goals by boosting domestic biofuel production.
9 April 2024
Hydrogen Import Facility at Rotterdam Port
A new facility at Rotterdam will import and distribute green hydrogen, supporting Europe's decarbonization goals through efficient supply chain solutions.
7 April 2024
AIQBE partners with Inetum to boost Huelva's industrial digital and energy transition
New partnership expands innovation network, offering digitalization, automation, AI and cybersecurity expertise to regional industry, supporting efficiency, decarbonization and operational resilience.
25 March 2024
AIQBE joins EU Critical Chemicals Alliance
Membership lets Huelva hub join Alliance assemblies and working groups to define critical chemicals, map EU capacities and propose measures to boost competitiveness amid energy and supply challenges
19 March 2024
Roquette to Acquire IFF Pharma Solutions
The acquisition will enhance Roquette's pharma product range, expand its US footprint, and boost its formulation and R&D capabilities, aiming to close by H1 2025 pending regulatory approval.
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