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Mergers, Acquisitions, and Partnerships news
(page 61)
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
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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.
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.
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.
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