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Mergers, Acquisitions, and Partnerships news
(page 63)
24 September 2020
Total Corbion PLA to Build First Large-Scale PLA Plant in France
The new PLA plant in Grandpuits, operational by 2024, will produce 100,000 tons annually, reinforcing the company's market leadership and commitment to bioplastics and circular economy solutions.
21 September 2020
Air Liquide Invests €70 Million in Polish Copper Industry
A new Air Separation Unit will supply 1,500 tonnes of oxygen daily to KGHM's Głogów site, enhancing copper production efficiency and reducing emissions. Completion is set for early 2015.
21 September 2020
BASF Invests €16M in Pyrum for Tire Pyrolysis
The investment will expand pyrolysis plant capacity, producing up to 100,000 tons of pyrolysis oil for high-quality recycled plastics, reducing CO2 emissions and supporting circular economy goals.
10 September 2020
Loop and Suez to Build Europe's First Infinite Loop™ Recycling Facility
The facility will use advanced recycling to produce 100% recycled, infinitely recyclable PET plastic, reducing CO2 emissions by 180,000 tons annually and meeting rising demand for sustainable packaging.
26 August 2020
Haldor Topsoe Joins Danish Sustainable Fuel Initiative
Topsoe will provide carbon reduction tech for a Danish project aiming to produce renewable hydrogen, methanol, and jet fuel by 2030, with stages starting from 2023 and scaling up to 1.3 GW capacity.
29 July 2020
Prax Group to Acquire Lindsey Oil Refinery from Total
The acquisition includes logistic assets and aims to integrate the refinery into Prax's UK network, supporting local economy and employees. Completion expected by end of 2020.
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27 July 2020
Clariant and Eta Bio Sign License Agreement for Cellulosic Ethanol Technology in Bulgaria
Eta Bio will build a plant in Bulgaria to produce cellulosic ethanol from wheat straw using sunliquid® technology, enhancing sustainability and creating new revenue streams in the agricultural sector.
24 July 2020
Iberdrola and Fertiberia to Build Europe's Largest Green Hydrogen Plant
The plant in Puertollano will produce green hydrogen from renewable sources, reduce CO2 emissions by 39,000 t/year, create 700 jobs, and support Fertiberia's green ammonia and fertilizer production.
7 July 2020
Air Products, ACWA Power, and NEOM Sign $5 Billion Agreement for Green Hydrogen Facility
The $5 billion facility in NEOM will produce green ammonia for global export, using renewable energy. It aims to supply carbon-free hydrogen and is set to be operational by 2025.
29 June 2020
INEOS to buy BP's aromatics and acetyls business
The $5 billion deal includes 15 sites and 10 joint ventures, enhancing INEOS's assets and team, and expanding its footprint in the polyester and acetyls markets.
24 June 2020
Lafarge, OMV, VERBUND, Borealis to Capture and Utilize CO2 on Industrial Scale
The project aims to capture CO2 from cement production, convert it into synthetic fuels and plastics, and achieve climate neutrality by 2030 through cross-sector collaboration and green hydrogen.
11 June 2020
Mitsui Chemicals Opens First European PP Compounding Site
The new site in the Netherlands integrates research, production, and sales, enhancing lightweighting solutions for automakers. Despite COVID-19, demand for PP compounds in auto parts is expected to grow.
26 May 2020
Danish Companies Collaborate on Sustainable Fuel Project
The project aims to develop a hydrogen and e-fuel facility by 2023, scaling up by 2030 to produce 250,000 tonnes of sustainable fuel annually, reducing carbon emissions by 850,000 tonnes.
12 May 2020
Freudenberg Acquires Low & Bonar
Freudenberg's acquisition of Low & Bonar enhances its performance materials business, expands production facilities, and strengthens technological capabilities in various sectors.
7 May 2020
Neste Acquires Count Terminal Rotterdam to Boost Renewable Raw Material Supply
The acquisition enhances Neste's renewable raw material logistics and competitiveness, building on a long-term collaboration and expanding operations in the Rotterdam harbor area.
7 May 2020
Sustainable Methanol Production Milestone in Antwerp Port
A consortium will build a demonstration plant in Antwerp to produce 8000 tonnes of sustainable methanol annually, reducing CO2 emissions and advancing the port's transition to alternative energy sources.
22 April 2020
Recycling Technologies to Open First European Site at Brightlands Chemelot Campus
A new plastic chemical recycling machine, the RT7000, will be installed in the Netherlands, marking the company's first site outside the UK. The next steps include securing permits and planning.
21 April 2020
thyssenkrupp to Build Second PET Plant for KÖKSAN in Turkey
The new plant in Gaziantep will double production capacity to 432,000 tons/year, using the MTR® process for energy efficiency and recycling. Completion is planned for 2022.
15 April 2020
Carbios and TechnipFMC to Build PET Depolymerization Demo Plant
TechnipFMC's Lyon center will assist in building a plant to demonstrate Carbios' Enzymatic Recycling Process, converting waste PET plastics into monomers. Construction starts this year, operations in 2021.
25 March 2020
Consortium Launches Project to Convert Emissions into Carbon Neutral Fuel
The project will produce eMethanol from captured CO2 and green hydrogen, aiming to reduce emissions in marine and road transport. Facilities will be operational by 2023, with plans for expansion by 2030.
4 March 2020
Nouryon and INEOS Nitriles Start New Facilities in Germany
The new facilities will produce raw materials for biodegradable chelates, driven by increased demand post-phosphate ban. Completion is expected in 2021-2022, enhancing global supply chain performance.
27 February 2020
Europe's Largest Green Hydrogen Project Begins in Groningen
NortH2 aims to produce 800,000 tonnes of green hydrogen annually by 2040 using North Sea wind farms, reducing CO2 emissions by 7 megatonnes. The project could create thousands of jobs in Groningen.
25 February 2020
PKN ORLEN Adopts Honeywell Technology for New Phenol Plant in Poland
The new phenol complex will produce 200,000 metric tons annually, enhancing market position in petrochemicals. Honeywell provides technology, engineering, equipment, catalysts, and technical services.
17 February 2020
Versalis to Launch Chemical Recycling Project Hoopᵀᴹ in Mantova, Italy
Versalis partners with S.R.S. to develop pyrolysis technology for recycling mixed plastic waste into new virgin polymers, starting with a 6,000-tonne plant in Mantova, Italy.
4 February 2020
Caris to Invest $100M in PVC Guardrail Plant in Ukraine
A $100M plant in Ukraine will produce next-gen plastic guardrails for European markets. The JV will operate 100 production lines, aiming for $1.19B revenue, with ongoing investment over five years.
31 January 2020
BASF Acquires Solvay's Polyamide Business
The acquisition enhances BASF's polyamide capabilities, supply reliability, and market access in Asia and the Americas. It includes production sites, R&D centers, and joint ventures, adding 700 employees.
31 January 2020
BASF Extends Partnership with Energy21
BASF leverages Energy21's EBASE platform to optimize energy data, enhance utility operations, and support sustainability goals, extending their long-term collaboration.
30 January 2020
Pilot Plant for European EV Batteries Launched
A joint venture will develop EV batteries in Europe, starting with a pilot plant in 2021. The project aims for large-scale production by 2030, supported by €1.3 billion in public funding.
30 January 2020
Celanese to Acquire Elotex from Nouryon
The acquisition includes global production facilities, product portfolio, and customer agreements. It aims to enhance Celanese's emulsions business and support growth in construction materials.
16 January 2020
WuXi Biologics Acquires Bayer's Drug Plant in Germany
The plant will serve as a back-up site for Kovaltry™ production. The deal includes equipment purchase and a long-term lease. Financial details undisclosed.
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