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Mergers, Acquisitions, and Partnerships news
(page 60)
10 July 2024
Lummus and MOL Launch Waste Plastic Recycling Plant in Hungary
The plant will process 40,000 tons of waste plastics annually, using advanced pyrolysis technology to produce circular petrochemicals with zero direct scope 1 emissions.
6 July 2024
Glocal Green and Norwegian Hydrogen Partner for Green Hydrogen and Bio-Methanol Production in Norway
The partnership will produce bio-e-methanol from bio-waste and hydrogen, doubling methanol output. The first project in Øyer aims for 150,000 tons of bio-e-methanol and 15,000 tons of green hydrogen.
5 July 2024
Corre Energy and SemperPower to Develop Major Battery Storage in Europe
The joint venture will create a 320MW 2-hour battery project in the Netherlands, aiding grid balance, reducing CO2, and complementing CAES plans, with operations expected to start in 2026.
4 July 2024
Covestro and bp Sign 10-Year Solar Power Agreement in Spain
The agreement boosts Covestro's renewable energy use in Spain to 30%, cutting CO2 emissions by 16,000 tonnes annually, supporting climate neutrality by 2035.
4 July 2024
Lhyfe and Fives Partner to Decarbonize Industrial Combustion with Green Hydrogen
The partnership accelerates energy transition by using green hydrogen in industrial combustion, targeting metals, glass, and cement industries in Europe and North America.
1 July 2024
TotalEnergies Acquires Tecoil for Lubricant Oil Regeneration in Europe
The acquisition enhances lubricant production with re-refined base oils, reducing carbon footprint and meeting demand for sustainable, high-performance products.
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26 June 2024
EuroAPI FOCUS-27 Plan: Job Cuts and Facility Divestments
The FOCUS-27 plan aims to boost competitiveness with €110-120M restructuring costs, €350-400M CAPEX, and €75-80M annual EBITDA by 2027, focusing on high-value APIs and strategic sites.
25 June 2024
Arkema Licenses PEKK Technology to SEQENS for Medical Implants
The partnership enables PEKK production for long-term medical implants, leveraging expertise in polymer synthesis and global distribution networks.
25 June 2024
Braskem and TNO Partner to Enhance Polyolefin Recycling
The partnership aims to advance Möbius dissolution-based recycling technology, improving plastic residue purification and sustainability, yielding near-virgin grade polymer resin for broader applications.
21 June 2024
Heygaz Biomethane to Acquire Ormonde Organics
The acquisition includes two anaerobic digestion plants and a planned third facility. The current management will stay. The deal awaits Irish regulatory approval.
19 June 2024
WACKER and CordenPharma Achieve Pandemic Readiness in June 2024
The consortium will produce 80 million mRNA vaccine doses annually if needed, following a successful expansion and qualification phase, ensuring pandemic readiness for at least five years.
18 June 2024
Braskem and Georg Utz AG Collaborate on Recycled PP for Food Packaging
Chemically recycled PP from post-consumer waste is used for circular food transport packaging, supporting sustainability and reducing plastic waste.
18 June 2024
Holborn awards KT $400M EPC contract for HVO complex in Germany
The project will produce 220,000 tonnes of green diesel and SAF annually, using waste and low-carbon hydrogen. Operations start in early 2027, aiming to enhance efficiency and reduce CO2 emissions.
17 June 2024
Heinlein Plastik-Technik Joins ALPLA Group
The acquisition expands ALPLApharma's capabilities in closure systems and injection molding, enhancing product offerings and creating a technology center in Ansbach.
17 June 2024
Vattenfall and BASF Contract Vestas for 15 MW Offshore Wind Turbines
112 V236-15.0 MW turbines will power 1.6M homes from 2028. Low-emission steel reduces CO2 footprint. Nordlicht 1 and 2 to produce 6 TWh/year, fully operational by 2028.
12 June 2024
Danone, Michelin, DMC, and Crédit Agricole Launch Biotech Platform in Clermont-Ferrand
The Biotech Open Platform will develop precision fermentation for bio-based materials, with a €16M investment. Located in Clermont-Ferrand, it aims to scale up lab-tested innovations by 2025.
11 June 2024
Recycling Tires into Automotive Plastics: Neste, Borealis, Covestro Collaborate
Discarded tires are chemically recycled into high-quality polycarbonates for automotive parts, promoting circularity and sustainability in the plastics and automotive industries.
6 June 2024
Haffner Energy Partners with LanzaJet for Paris-Vatry SAF Project
The Paris-Vatry SAF project will produce 30,000 tonnes of Sustainable Aviation Fuel annually, using advanced ATJ technology and local biomass, with potential to triple output.
5 June 2024
Attero and SABIC Partner to Supply Recycled Feedstock for Plastics Circularity
They will develop advanced recycling solutions to convert post-consumer plastic waste into feedstock, supporting EU recycling goals and reducing carbon emissions.
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.
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.
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