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Mergers, Acquisitions, and Partnerships news
(page 58)
4 October 2022
TotalEnergies and Holcim Partner to Decarbonize Belgian Cement Plant
The partnership aims to fully decarbonize a cement plant in Obourg, Belgium, using CCUS technologies, renewable energy, and green hydrogen to capture and utilize 1.3 million metric tons of CO2 annually.
4 October 2022
Cellforce and Dürr Establish Mass Production for Electrode Coating in Germany
A new high-tech facility in Bietigheim-Bissingen enables simultaneous double-sided electrode coating, enhancing speed, precision, and quality for high-performance battery cells.
1 October 2022
Grandpuits Zero-Crude Platform by 2024
The Grandpuits site will convert biomass to biofuels, produce bioplastics, recycle plastic waste, and generate solar power, aiming for net-zero emissions and no layoffs by 2024.
30 September 2022
FREYR Battery Partners with HENT for Giga Arctic Facility Construction
HENT will plan, manage, and construct a 120,000 sq. meter battery factory in Mo i Rana, Norway, focusing on sustainability and safety, marking phase two of the Giga Arctic project.
29 September 2022
Nouryon to Acquire ADOB Fertilizers in Poland
The acquisition will expand Nouryon's crop nutrition offerings. ADOB, a leader in water-soluble fertilizers, brings strong technology and innovation. The deal is expected to close by year-end 2022.
28 September 2022
Yara Tests Hystar’s PEM Electrolyser for Efficient Green Ammonia Production
The HyPilot project will test a 1 MW PEM electrolyser at Kårstø, aiming to enhance green hydrogen production efficiency for green ammonia, with results expected to lower costs and support decarbonization.
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26 September 2022
TotalEnergies and SARIA Partner to Produce Sustainable Aviation Fuels
The agreement secures feedstock supply for SAF production at Grandpuits, boosting capacity by 25%. The project aligns with TotalEnergies' net-zero goals and awaits regulatory approval.
23 September 2022
Iberdrola and Solvay Partner for Green Electricity in France
A 172-hectare solar plant will supply green electricity to Solvay's Tavaux and Saint Fons plants, producing 75 GWh/year. The project supports local economy and aims for carbon neutrality by 2025.
22 September 2022
Iberdrola and Foresa to Lead Green Methanol Production in Galicia
The Green UMIA project in Caldas de Reis will produce 2,900 tons of renewable methanol annually, cut 58,000 tons of CO2 in 10 years, and create 900 jobs during construction and 265 during operation.
21 September 2022
EU Commission Approves €5.2 Billion for Hydrogen Project "IPCEI Hy2Use"
The project supports hydrogen infrastructure and technology, involving 35 projects across 13 Member States, with completion by 2036. It aims to boost renewable hydrogen supply and reduce natural gas dependency.
19 September 2022
ADM Opens New Soy Protein Extrusion Facility in Serbia
The new facility in Serbia boosts non-GMO soy protein production, meeting high demand in Europe and supporting the growing meat alternatives market in the EMEA region.
14 September 2022
Topsoe and First Ammonia Partner for Largest Zero-Emission Ammonia Production
The agreement reserves 5GW of SOEC capacity to produce green ammonia, displacing 5 BCM of natural gas and cutting 13 million tonnes of CO2 annually. Initial 500MW plants in Germany and the US by 2025.
14 September 2022
Mura and Dow to Build Europe’s Largest Advanced Recycling Facility in Germany
The facility in Germany will recycle 120KTA of plastic by 2025, contributing to 600KTA by 2030. It aims to reduce reliance on virgin feedstocks and support a circular economy.
7 September 2022
CropEnergies Acquires 50% Stake in Syclus
The €1.8M investment aims to develop a plant for renewable ethylene production from ethanol, targeting 100,000 tonnes annually by 2026, supporting defossilisation and sustainability goals.
5 September 2022
BASF and ARCUS Partner to Produce Pyrolysis Oil from Plastic Waste
The agreement enables the supply of pyrolysis oil for BASF's Ccycled™ products, supporting circular economy goals and reducing CO2 emissions by recycling non-mechanically recycled plastic waste.
2 September 2022
Calibre Acquires RheinPerChemie from Evonik
The acquisition expands Calibre's presence in Europe, making it a global persulphates supplier. The move enhances electrochemical capabilities and customer service across diverse markets.
31 August 2022
BASF Sells Nutrilife® Baking Enzymes to Lallemand
The transaction is set to complete by September 30, 2022. Lallemand aims to expand its enzyme portfolio and ensure a smooth transition for Nutrilife® customers.
30 August 2022
Air Products and ABP Partner on UK's First Large-Scale Green Hydrogen Facility
The facility will import green ammonia to produce hydrogen, decarbonizing transport and industry. It aims to cut 580,000 tonnes of emissions annually and create 3,000 jobs, supporting the UK's net-zero goals.
29 August 2022
Northern Lights Project Signs First Cross-Border CO2 Transport and Storage Agreement
Starting in 2025, 800,000 tons of CO2 per year will be captured in the Netherlands and stored in Norway, marking a milestone in European industrial decarbonization and establishing a CO2 transport market.
26 August 2022
INEOS Phenol Acquires Mitsui Phenols Singapore, Expands Capacity by 1 Million Tonnes
The acquisition adds 1 million tonnes capacity, enhances global customer support, and opens new markets in Asia, with completion expected in Q1 2023.
25 August 2022
Novartis to Spin Off Sandoz into Standalone Company
The spin-off aims to create a leading European generics and global biosimilars company, enhancing focus and growth for both entities, with completion expected in H2 2023, subject to approvals.
25 August 2022
Investindustrial Sells Benvic to ICIG
The sale includes Benvic's compounds business, pending regulatory approval. Benvic's medical activities in Italy remain with Investindustrial. The deal is expected to close by year-end.
25 August 2022
BASF and enviaM Launch Solar Farm in Germany
A new solar farm with 52,000 photovoltaic modules will supply 10% of the Schwarzheide site's electricity needs, supporting BASF's sustainability goals and regional climate targets.
23 August 2022
EverWind and Uniper Sign MOU for Green Hydrogen Hub in Nova Scotia
The MOU secures 500,000 tonnes of green ammonia annually, advancing Nova Scotia's green hydrogen hub, supporting decarbonization in Germany, and fostering Canada-Germany energy collaboration.
16 August 2022
St1 to Build Biogas Refinery in Borås, Sweden
Construction starts in autumn, with operations by end of 2023. The project, supported by Klimatklivet, will upgrade and liquefy biogas from food waste and sewage sludge for distribution in the Nordics.
12 August 2022
Petrofac Begins Modernisation at Mažeikiai Refinery
A ceremony in Lithuania marked the start of constructing a new Residue Conversion Unit, enhancing the refinery's capacity and environmental standards, crucial for regional energy security.
8 August 2022
Holistic Plastic Recycling Solutions in Germany
Circular Resources acquired a leading German recycling group to enhance mechanical and chemical recycling, aiming to close the loop on plastic waste and expand internationally.
8 August 2022
Advent Technologies and DEPA Commercial Partner on Hydrogen Projects
The MoU outlines plans to produce eco-friendly hydrogen, develop a high-efficiency CHP system, and create an innovation hub to advance hydrogen technologies in Greece.
8 August 2022
Sartorius Acquires Albumedix to Enhance Advanced Therapy Solutions
Sartorius acquires Albumedix for £415M, adding recombinant albumin solutions to its portfolio. This enhances cell culture media and vaccine production capabilities. Transaction closes Q3 2022.
24 July 2022
Stellantis Invests in Vulcan Energy for Decarbonized Lithium
Stellantis invests €50M in Vulcan, extending their lithium supply deal to 10 years. The investment supports Vulcan's expansion and aligns with Stellantis' decarbonization and electrification goals.
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