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Mergers, Acquisitions, and Partnerships news
(page 64)
8 January 2020
Avantium to Build FDCA Plant in Delfzijl, Netherlands
A new 5-kiloton plant will produce plant-based FDCA, creating over 60 jobs. The project, backed by a €150 million investment, aims to advance sustainable chemistry in the region. Completion by 2023.
25 November 2019
INEOS and Viridor Launch Hybrid Plastics with Recycled Content in Europe
The partnership produces polymers with up to 50% recycled content, supporting circular economy goals and meeting demand for sustainable materials without compromising quality.
19 November 2019
Microvast and FPT Industrial Partner on Battery Solutions in New German Factory
The new factory in Ludwigsfelde will produce battery modules and systems, supporting a joint e-platform for electrified powertrain systems, with construction starting in April 2020.
16 November 2019
Sunoil Biodiesel Acquires Kampen Plant
Sunoil will restart production at the bankrupt Kampen plant, initially with five employees, potentially growing to 15. The deal awaits ACM approval, with financial details undisclosed.
13 November 2019
LANXESS Restructures Organometal Operations at Bergkamen
Expanding aluminum-based organometal production; selling tin-based organometal business to PMC Group; aims for stable, profitable growth.
6 November 2019
Belkali-Migao Opens First Potassium Nitrate Plant in Belarus
The new plant's first stage will produce 80,000 tons of potassium nitrate annually, boosting exports and regional investment. The second stage will increase capacity to 160,000 tons.
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4 November 2019
Alpla Enters HDPE Recycling
The company expands its recycling operations by acquiring two Spanish HDPE recycling plants, increasing capacity to 35,000 tonnes annually, and aims to enhance sustainable packaging production.
1 November 2019
PQ Group Holdings Expands Catalyst Portfolio with INEOS Agreement
The agreement enhances PQ's catalyst offerings and customer reach, while INEOS gains product breadth, benefiting both companies and their customers.
1 November 2019
HIRSCH Servo Group Expands into France
HIRSCH acquires six EPS insulation facilities and 49.9% of Isossol SAS in France. The deal, in partnership with BEWiSynbra, strengthens their market position and is expected to close by year-end.
7 October 2019
BASF invests €20M in Quantafuel for chemical recycling of plastic waste
The investment will enhance pyrolysis technology, optimize chemical recycling, and license it. BASF gains first refusal rights on output, aiming to replace fossil resources and support sustainability goals.
27 September 2019
MOL and thyssenkrupp Begin Polyol Complex in Hungary
The new polyol plant in Hungary will produce 200,000 tons annually by 2021, using efficient, eco-friendly technologies. This investment strengthens the region's chemical industry and value chain.
20 September 2019
ORLEN to Build Cellulosic Ethanol Plant in Poland Using Clariant’s Technology
The license agreement marks a strategic milestone, enabling a full-scale plant for cellulosic ethanol from agricultural residues, enhancing biofuel technology and environmental sustainability.
5 September 2019
RHI to Invest $1.2 Billion in Turkish Petrochemicals Plant
The new plant in Ceyhan will produce 450,000 tonnes of polypropylene annually, reducing Turkey’s deficit by $450-$500 million. Operational by 2023, the contract was signed on November 28, 2018.
21 August 2019
Nouryon Expands Metal Alkyls Plant in Rotterdam
The Rotterdam plant boosts capacity by 40%, automates raw material handling, and enhances safety. Recent investments improve efficiency, reliability, and reduce costs. Acquisition of Zhejiang Friend Chemical strengthens market position.
20 August 2019
British Airways, Shell, and Velocys to Build UK Aviation Biofuel Plant
A new UK plant will convert non-recyclable waste into sustainable aviation fuel, cutting greenhouse gas emissions by 70% and creating jobs, investment, and improved air quality.
1 August 2019
Röhm Becomes Independent Company
Röhm targets global technology leadership in methacrylate chemicals with innovative production, strong market positions, and diverse applications, supported by Advent International's investment.
9 July 2019
Trinseo, INEOS Styrolution, and Agilyx to Build Polystyrene Recycling Plant in Europe
The new plant will process 50 tons/day of post-consumer polystyrene, using advanced depolymerization technology to recycle it into its original monomer, supporting EU recycling goals.
1 July 2019
Thann Site Joins Vynova, Strengthening Potassium Derivatives Leadership
The Thann site in France, with 235 employees, integrates into Vynova, enhancing synergies and expanding production capabilities in potassium derivatives and fine chemicals. Vynova now operates six sites in Europe.
24 June 2019
Valtris Specialty Chemicals Boosts Benzyl Derivatives Production in Belgium and Netherlands
The expansions, set to complete by Q1 2020, aim to meet rising demand for chlorotoluene derivatives, enhancing the company's position as a global supplier in various applications.
18 June 2019
LyondellBasell and Neste Begin Commercial Production of Bio-Based Plastics
The project used renewable hydrocarbons from waste oils to produce bio-based plastics for food packaging, achieving over 30% renewable content, verified by third-party testing.
12 June 2019
Northvolt Raises $1 Billion for Europe's First Lithium-Ion Gigafactories
Northvolt plans a second gigafactory in Germany with Volkswagen. The European Investment Bank approved a $400M loan. Production at Northvolt Ett starts in 2021, with expansion to 32 GWh.
27 May 2019
First European Sustainable Aviation Fuel Plant in Delfzijl
The plant will produce 100,000 tonnes of sustainable aviation fuel annually from 2022, reducing CO2 emissions by 270,000 tonnes. It uses regional waste and residue streams as feedstock.
16 May 2019
Thyssenkrupp to Build Fertilizer Plant in Poland
The new plant in Wloclawek will produce nitric acid and ammonium nitrate, using EnviNOx to cut greenhouse gases. The project aims to boost fertilizer capacity by 50% by 2022.
15 May 2019
EIB Supports Northvolt’s Swedish Battery Gigafactory
The EIB has agreed in principle to finance a gigafactory in Sweden, aiming to produce 32 GWh of battery capacity annually using 100% renewable energy, supporting Europe's green energy transition.
11 May 2019
Grupa Azoty and Hyundai Engineering Sign EPC Contract for Polimery Police Project
The contract covers developing a new petrochemical complex, ensuring compliance with license agreements, obtaining necessary approvals, and conducting personnel training, with a budget of about EUR 1.5 billion.
9 May 2019
Perstorp to Build Sodium Formate Deicer Plant in Sweden
The new plant will increase Pergrip™ Run NF deicer capacity, streamline operations, and enhance environmental performance, ensuring reliable runway operations in harsh conditions.
8 May 2019
OMV and Borealis Expand Partnership for Chemical Recycling at Schwechat
The partnership advances chemical recycling of post-consumer plastics, integrating the ReOil pilot plant into the refinery for a circular economy, contributing to the UN's Sustainable Development Goals.
1 May 2019
INEOS Acquires Cristal's North American Titanium Dioxide Business for $700M
The acquisition includes two plants in Ohio, integrating them into INEOS Pigments. This move makes INEOS the second largest producer in the U.S. market.
12 April 2019
INEOS Styrolution to Build New StyLight® Production Site
The new site addresses rising demand for StyLight®, a composite used in automotive, electronics, and sports. Operational by 2022, it follows key partnerships and is part of a larger investment program.
22 March 2019
Port of Antwerp Unites for Sustainable Methanol Production
Port of Antwerp's new project will produce methanol from waste CO2 and green hydrogen, reducing emissions and fostering collaboration among industry experts to advance sustainability and innovation.
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