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Mergers, Acquisitions, and Partnerships news
(page 53)
11 March 2024
Morley Secures Services Contract for Shell's Rotterdam Hydrogen Project
Morley will provide design, procurement, and construction management for Europe's largest renewable hydrogen project, powered by offshore wind, to support decarbonization and heavy transport.
7 March 2024
Mura Technology and Neste Sign Offtake Agreement for Teesside Recycling Site
Neste will convert products from Mura's Teesside site into new plastic feedstock. The HydroPRS™ process enables efficient recycling of mixed plastics, reducing fossil resource use and carbon footprint.
4 March 2024
Trafigura Acquires Greenergy
Trafigura acquires Greenergy's European business, enhancing its biofuels and fuel supply operations. The deal supports Greenergy's decarbonisation plan and market expansion.
22 February 2024
Michelin, Antin, and Enviro to Build Tire Recycling Plant in Sweden
The plant in Uddevalla will use Enviro’s pyrolysis tech to recycle 35,000 tons of tires annually, creating 40 jobs. Multi-year contracts secured for tire supply and material upcycling. Operational by 2025.
22 February 2024
bp adopts BASF's carbon capture for Teesside hydrogen project
The Teesside project aims for 1.2GW blue hydrogen by 2030, capturing up to 99.99% CO2 with OASE® technology. It targets decarbonizing industry and heavy transport, with operations planned for 2028.
20 February 2024
Europe Risks Offshoring Industry, Jobs, and Emissions
Sir Jim Ratcliffe urges the EU to address high energy costs, carbon taxes, and lack of renewal in the chemical sector to prevent further offshoring and industrial decline.
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19 February 2024
Seqens Partners with KK India Petroleum for Lubricant Additives in South Asia
Seqens expands its reach in South Asia, partnering with KK India Petroleum to distribute lubricant additives and support local customers in formulation and troubleshooting.
14 February 2024
Eastman and Dentis Group Partner to Supply Feedstock for French Recycling Facility
The partnership will supply 30,000 metric tonnes of PET waste annually to Eastman's new molecular recycling facility in France, enhancing circularity and reducing environmental impact.
13 February 2024
PanTera and Bayer Sign Actinium-225 Supply Agreement
Starting in late 2024, PanTera will supply actinium-225, enhancing access for clinical trials and developing a large-scale production facility to meet global demand for radiopharma-based cancer treatments.
11 February 2024
Moratti Family to Sell 35% of Saras to Vitol
The Moratti family will sell 35% of Saras to Vitol at €1.75/share. The deal requires regulatory approvals and may lead to Saras's delisting from the Milan Stock Exchange.
8 February 2024
Air Liquide Invests €40M to Boost Efficiency and Cut CO₂ at Stade Site
Investing €40M, the company will modernize assets, add CO₂ recycling, and improve energy efficiency by 15%, cutting emissions by 15,000 tonnes/year at its Stade, Germany site by 2024.
8 February 2024
Viridor Acquires Quantafuel, Delisted from Oslo Exchange
The acquisition aims to drive innovation in plastics recycling, achieving full circularity by 2025. Quantafuel's technology converts waste plastics into raw materials for new plastics production.
6 February 2024
NextChem and ENGIE to Develop Biomethane Technology from Biomass Waste
The cooperation aims to optimize, integrate, and commercialize a process to produce synthetic methane from dry biomass waste, supporting the transition to a zero-carbon industry.
1 February 2024
Greenstat Approves 20 MW Hydrogen Hub in Kristiansand
The 20 MW facility will supply green hydrogen to the maritime industry by late 2026, with a 40 MW phase in 2027. Supported by ENOVA, construction starts in fall 2024.
1 February 2024
Lhyfe and SAF+ Partner to Produce e-SAF from Green Hydrogen in Le Havre
The partnership aims to develop e-SAF production using green hydrogen in Le Havre, targeting a 2030 market launch to help decarbonize aviation and meet zero-emission targets for 2050.
31 January 2024
Airbus and Partners Sign MoU for Hydrogen Aviation in Sweden and Norway
The MoU aims to explore hydrogen infrastructure at airports, supporting decarbonization and net-zero emissions by 2050, covering over 50 airports in Sweden and Norway.
29 January 2024
Carbon Centric to Build Carbon Capture Plant in Norway
The plant will capture 10,000 tons of CO2 annually, converting it to food-grade quality. Funded by NOK 100 million, it aims to reduce emissions and reuse biogenic CO2, with completion by spring 2025.
27 January 2024
Paques Biomaterials Secures €14M for PHA Production Site in Emmen
Raised funds will scale up biopolymer production, leveraging wastewater technology. New facility in Emmen to produce biodegradable PHA, with significant market growth expected by 2028.
24 January 2024
Lhyfe and EDP Renewables Sign 15-Year Renewable Electricity Contract in Germany
The 15-year contract involves a 39 MWac solar project in Germany, supporting green hydrogen production and decarbonization efforts, marking a milestone for both companies in renewable energy collaboration.
23 January 2024
TotalEnergies Acquires German Battery Storage Developer Kyon Energy
The acquisition includes €90M upfront and earn-out payments. Kyon Energy has 770 MW developed, 350 MW under construction, and a 2 GW project pipeline, enhancing TotalEnergies' power strategy in Germany.
19 January 2024
Michelin, IFPEN, and Axens Launch Industrial-Scale Bio-Butadiene Plant
The new plant in Bassens produces bio-based butadiene from ethanol, aiming to replace petrochemical sources and support sustainable synthetic elastomer production. The project has €80M investment and created 20 jobs.
18 January 2024
Seqens and Pleryon Collaborate on GMP Polymer for Osteoarthritis Treatment
Seqens will develop and produce Pleryon's osteoarthritis polymer at its upgraded French facility, enhancing GMP capabilities for medical and pharmaceutical applications.
17 January 2024
Braskem and Shell to Produce Circular Polypropylene from Plastic Waste
Shell will convert pyrolysis oils into circular feedstocks, which Braskem will use to produce circular polypropylene, supporting sustainability and circular economy goals.
12 January 2024
Arkema Invests in Tiamat to Advance Sodium-Ion Batteries
Arkema's investment in Tiamat will boost sodium-ion battery development, aiming for a 5 GWh factory in France by 2025, reducing reliance on lithium and creating up to 1,000 jobs.
10 January 2024
Cepsa and C2X to Establish Europe's Largest Green Methanol Hub in Huelva
The project will invest 1 billion euros, create 2,500 jobs, and produce 300,000 tons of green methanol annually, reducing CO2 emissions by up to 1 million tons, starting operations in 2028.
9 January 2024
BASF and Stena Recycling Partner to Recycle EV Batteries in Europe
The partnership aims to create a battery recycling value chain in Europe, focusing on high recovery rates of metals from lithium-ion batteries to support a circular economy for electric vehicle batteries.
8 January 2024
Equinor and Linde Partner on Dutch Hydrogen Project
The project will produce low-carbon hydrogen with CO2 capture and storage, aiming for 95% CO2 capture. Production starts in 2029, connecting to hydrogen pipelines in the Netherlands and Germany.
21 December 2023
Global Bioenergies Sets Timeline for Biobased Isobutene Plant in France
The plant, using a "direct pathway" process, will be operational by 2027. It will produce isobutene for cosmetics and sustainable aviation fuels, with initial financing secured and engineering design to be finalized by 2024.
14 December 2023
Alkermes to Sell Athlone Facility to Novo Nordisk
The $92.5M sale includes a subcontracting period until 2025. Alkermes aims for operational efficiency, while Novo Nordisk gains manufacturing capacity and 400 skilled employees.
13 December 2023
Arkema to Acquire Arc Building Products in Ireland
The acquisition will enhance Arkema's market position in Ireland, expanding its product range and local production. The deal is set to close in Q1 2024.
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