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Mergers, Acquisitions, and Partnerships news
(page 62)
24 May 2021
Cummins and Iberdrola to Build Electrolyzer Plant in Spain
A €50M electrolyzer plant in Castilla-La Mancha will produce green hydrogen, create 350 jobs, and support EU's Green Deal. The project includes a 230-MW hydrogen facility and a refueling station.
3 May 2021
Trinseo Acquires Arkema’s PMMA Business
Deal advances shift to higher-margin engineered materials; targets ~$50M annual synergies; adds ~860 staff, seven plants and three R&D sites; enables APAC growth and IT harmonization.
30 April 2021
Hexion Sells Phenolic Resins and Hexamine Businesses; Bakelite Brand Returns to Europe
The $425M sale includes 11 global sites and 900 employees. Bakelite Synthetics focuses on sustainable products, enhancing fire resistance, electric vehicles, and plant production.
28 April 2021
Trinseo and ETB Partner to Develop Bio-Based 1,3-Butadiene in the Netherlands
The collaboration aims to scale up bio-based 1,3-butadiene production from ethanol, focusing on sustainable rubber for green tires, with a pilot plant feasibility study in Europe.
27 April 2021
Repsol, Enerkem, and Agbar to Build Waste-to-Chemicals Plant in Spain
The plant will process 400,000 tons of waste to produce 220,000 tons of methanol, reducing CO2 emissions by 200,000 tons. It will be operational by 2025 and has received necessary environmental approvals.
23 April 2021
NextChem to Design Biopolymer Plant for Total Corbion PLA in France
The plant, operational in 2024, will be Europe's first PLA facility, enhancing sustainable plastics. It supports the circular economy with biobased, recyclable, and compostable Luminy® PLA resins.
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15 April 2021
New Potassium Hydroxide Plant Operational in Pieve Vergonte
The new plant produces 25,000 tons of chlorine and 80,000 tons of potassium hydroxide annually, enhancing the site's capacity and securing jobs. Investments included remediation, new electrolysis, and chlorination plants.
30 March 2021
LANXESS to Produce Electrolytes for Lithium-Ion Batteries in Germany
Starting next year, LANXESS will produce electrolyte formulations for lithium-ion batteries at its Saltigo plant, enhancing its role in the fast-growing e-mobility market.
25 March 2021
Mura Begins Teesside Project and Announces New Partnerships
Construction starts on the first commercial-scale plant using HydroPRS™ to recycle all plastic waste, aiming for global expansion. Strategic partnerships and government support drive the initiative.
18 March 2021
bp to Develop UK's Largest Blue Hydrogen Facility
The project aims for 1GW hydrogen by 2030, capturing 2M tonnes CO₂ annually. Located in Teesside, it supports decarbonization, job creation, and aligns with the UK's net-zero goals.
4 March 2021
Saipem and Alboran Partner for Green Hydrogen Projects in Italy, Albania, and Morocco
They will develop five green hydrogen plants, three in Italy and two in the Mediterranean, leveraging their expertise in engineering, procurement, and renewable project coordination.
14 February 2021
LANXESS to Acquire Emerald Kalama Chemical
LANXESS will acquire Emerald Kalama Chemical for USD 1.04 billion, enhancing its Consumer Protection segment and North American presence. The deal is expected to close in the second half of 2021.
11 February 2021
Metsä Group to Build Bioproduct Mill in Finland
The €1.6B investment will create 1,500 jobs, boost exports by €0.5B annually, and enhance sustainability. The mill will produce 1.5M tonnes of pulp and 2.0 TWh of renewable electricity per year.
5 February 2021
Air Liquide to Supply BASF's New Battery Material Plant in Germany
A new Air Separation Unit will be built in Schwarzheide, Germany, enhancing safety, efficiency, and reliability. It will support battery material production and optimize gas supply in Germany and Poland.
3 February 2021
Jazz Pharmaceuticals to Acquire GW Pharmaceuticals for $7.2 Billion
The acquisition will create a leader in neuroscience, expanding product diversification and combining expertise in sleep, oncology, and epilepsy, with a robust pipeline and strong financial growth potential.
29 January 2021
Stepan Acquires INVISTA's Aromatic Polyester Polyol Business
The acquisition includes two manufacturing sites, intellectual property, customer relationships, and inventory. Expected to boost EBITDA margins and support global rigid polyol business growth.
21 January 2021
SABIC and Plastic Energy to Begin Construction of Advanced Recycling Unit in Geleen
The new unit will upscale production of certified circular polymers from used plastic, supporting a circular economy. Operational by late 2022, it uses advanced recycling technology to convert waste into TACOIL.
20 January 2021
Air Liquide Invests in Renewable Hydrogen Production in France
A 40% stake acquisition in H2V Normandy aims to build a 200 MW electrolyzer for renewable hydrogen, reducing 250,000 tonnes of CO2 annually and supporting industrial decarbonization in Normandy.
14 January 2021
Borealis and TOMRA Launch Advanced Plastic Recycling Plant in Germany
The new plant processes household plastic waste into high-quality recycled polymers for demanding applications, aiming to advance plastics circularity and support a sustainable future.
13 January 2021
Linde to Build Largest PEM Electrolyzer for Green Hydrogen in Germany
The 24 MW electrolyzer will produce green hydrogen for industrial customers and refueling stations, reducing CO2 emissions by up to 40,000 tons annually. Production starts in the second half of 2022.
13 January 2021
Total and Engie to Build France's Largest Green Hydrogen Site
The Masshylia project at La Mède biorefinery will use solar power to produce 5 tonnes of green hydrogen daily, cutting 15,000 tonnes of CO2 annually, with production starting in 2024.
15 December 2020
Biostoom Plant Powers Borealis with Steam and Electricity
The Biostoom plant in Beringen reduces Borealis' natural gas use by supplying steam and electricity from non-recyclable waste, cutting carbon emissions by 20% and sourcing 47% renewable electricity.
25 November 2020
BioNTech and InstaDeep Partner to Develop AI-Driven Immunotherapies
The collaboration will leverage AI and ML to advance drug discovery, protein engineering, and supply chain optimization, focusing on novel mRNA-based vaccines and therapeutics for cancer and infectious diseases.
24 November 2020
Perstorp to Cut Carbon Emissions by 500,000 Tons with Sustainable Methanol
Project AIR will use carbon capture and gasification to produce methanol from CO2, residue streams, renewable hydrogen, and biomethane, aiming to start production in 2025 and reduce emissions significantly.
19 November 2020
Nestlé and Plastic Energy to Develop UK's First Large-Scale Chemical Recycling Plant
A six-month study will explore developing a UK plant to recycle hard-to-recycle plastics into food-grade materials, aiming to boost recycled content in packaging and support recycling infrastructure.
12 November 2020
Keliber and Kokkolan Energia Sign 30-Year Lease for Chemical Plant Site
The 12.5-hectare site in Kokkola Industrial Park will support circular economy, safety, and transport needs, with potential to utilize waste heat, enhancing local development.
3 November 2020
Neste Acquires Bunge's Rotterdam Refinery
The acquisition enhances Neste's renewable feedstock pretreatment capacity, supporting its goal to use 100% waste and residues by 2025 and expand production to reduce 20M tons of greenhouse gases by 2030.
2 November 2020
Lummus to Provide 14 Ethylene Cracking Furnaces to Baltic Chemical Plant
Lummus will supply cracking furnaces for a Gas Chemical Complex in Russia, enhancing ethylene production. The project emphasizes efficiency, eco-friendliness, and strategic partnerships.
7 October 2020
Messer Expands CO2 Recovery Plant in France
Messer invests €11.3M to double CO2 capacity in Lacq, enhancing supply reliability and supporting growth in France and Spain. The plant, using bioethanol by-products, will be operational by July 2022.
28 September 2020
Investindustrial and Black Diamond Acquire Hexion PSR
The $425M deal includes $335M in cash. Hexion PSR, a top phenolic resins producer in Europe, operates 11 facilities. The transaction is set to close in Q1 2021.
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