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Mergers, Acquisitions, and Partnerships news
(page 64)
24 July 2023
gr3n and Intecsa Industrial to Build Spain's First Microwave-Assisted PET Depolymerization Plant
The new plant will produce 40,000 tons of virgin-like PET by 2027, using innovative recycling technology to process various PET waste, reducing CO2 emissions and supporting a circular economy.
24 July 2023
Group14 Technologies Acquires Schmid Silicon for European Expansion
The acquisition secures a silane supply, supports European operations, and aims to expand the workforce and establish new offices, enhancing the global battery supply chain and supporting EU decarbonization.
20 July 2023
Finnish Energy Companies Collaborate on Industrial Hydrogen Valley
The project aims to develop hydrogen infrastructure, storage, and transmission in Uusimaa, supporting Finland's carbon neutrality goals and fostering industrial investment opportunities.
20 July 2023
Clariant's MegaMax® Catalyst Selected for World's Largest E-Methanol Plant
The plant in Denmark will produce 32,000 tons of e-methanol annually, with a significant portion allocated to Maersk. The catalyst ensures high activity and stability in CO2-to-methanol conversion.
19 July 2023
LyondellBasell Acquires 50% of Stiphout Industries
The acquisition supports LyondellBasell's recycling strategy, leveraging synergies with existing assets and expanding the CirculenRecover portfolio to meet circular and low-carbon goals.
11 July 2023
SABIC, Plastic Energy, Siemer, and Landbell Collaborate for Plastics Circular Economy
The collaboration enhances recycling by converting low-grade plastic waste into pyrolysis oil for circular polymers, advancing the circular economy.
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11 July 2023
SABIC, Plastic Energy, Siemer, and Landbell Collaborate on Advanced Recycling in Geleen
A new plant in Geleen will process pre-sorted plastic waste into pyrolysis oil for circular polymer production, advancing the circular economy for plastics.
6 July 2023
Mitsui Invests in Denmark's First e-Methanol Business
Mitsui acquires 49% of MidCo, which produces low-carbon e-methanol from green hydrogen and CO2. Production starts in 2024, with sales agreements in place. Mitsui aims to enhance competitiveness and collaboration.
5 July 2023
INEOS Acquires TotalEnergies' Petrochemical Assets in Southern France
The acquisition includes steam crackers, aromatics, polypropylene businesses, and ethylene pipelines. It aims to enhance competitiveness and support Net Zero 2050 goals, pending regulatory approval.
4 July 2023
INEOS Styrolution, EGN, and Tomra to Recycle Polystyrene for Food Packaging
A new facility in Krefeld, Germany will recycle post-consumer polystyrene into food-grade material, starting mid-2025, using advanced mechanical recycling and purification processes.
3 July 2023
Syclus Selects Axens for Europe's First Ethanol-Based Renewable Ethylene Plant
The plant in Geleen will produce 100,000 tonnes of renewable ethylene annually using Atol® technology, starting in 2026. The project, costing over EUR 130 million, aims to enhance sustainable plastic production.
3 July 2023
SCGC and Avantium Partner to Develop Carbon-Negative Plastic Pilot Plant
The partnership aims to develop PLGA, a carbon-negative plastic, and scale up to a pilot plant. The material offers sustainability, recyclability, and compostability, targeting a 20% emissions cut by 2030.
3 July 2023
Evonik Sells Lülsdorf Site to ICIG
The sale of the Lülsdorf site and cyanuric chloride business to ICIG was completed on June 30. Over 600 employees and all production facilities are included, with extensive protective rights agreed.
30 June 2023
Borealis to acquire Rialti, a European recycled polypropylene producer
The acquisition adds 50,000 tonnes of recycled PP capacity, enhancing Borealis' circular portfolio and supporting customer demand for sustainable solutions. Regulatory approval pending.
23 June 2023
Yara Clean Ammonia and Bunker Holding Partner to Develop Ammonia as Shipping Fuel
The MOU aims to accelerate ammonia as a marine fuel, targeting key trade routes and supporting decarbonization. This collaboration enhances supply chain resilience and aligns with global sustainability goals.
16 June 2023
Solvay Announces New Company Names
Solvay's planned separation into two companies will be completed by December 2023. One will focus on sustainable solutions, the other on scientific innovation. Net sales in 2022 were €5.6bn and €7.9bn, respectively.
13 June 2023
Iberdrola to Develop Green Hydrogen Corridor Between Spain and Netherlands
Agreements signed to establish a green hydrogen maritime corridor, enhancing transport, storage, and distribution between Spain and the Netherlands, aiming to decarbonize Northern Europe's industry.
12 June 2023
Lhyfe and Capital Energy to Produce Offshore Green Hydrogen in Spain and Portugal
The collaboration aims to develop offshore hydrogen projects using wind farms, enhancing economic and social benefits, and potentially expanding to other markets.
9 June 2023
Iberdrola and Trammo Sign Major EU Green Ammonia Export Deal
The project will produce and distribute 100,000 tons of green ammonia annually from 2026, creating 3,500 jobs and supporting EU decarbonization with a 750 million euro investment.
7 June 2023
Axens and KMG Collaborate on Kazakhstan Polyethylene Project
The project aims to produce 1,250,000 tons of polyethylene annually using AlphaButol® technology, following successful past collaboration on refinery modernization.
7 June 2023
Irving Oil Reviews Whitegate Refinery's Future
The company is considering options including a sale of key assets. The review, driven by industry challenges, could impact Ireland's energy security. The government is monitoring the situation.
6 June 2023
Solvay to Produce Green Hydrogen for Peroxides in Italy
The Hydrogen Valley Rosignano Project will cut CO2 emissions by 15% using a 756-ton green hydrogen plant powered by a 9.5 MW photovoltaic installation, operational by mid-2026.
1 June 2023
Carbios and Indorama Ventures to Build PET Biorecycling Plant in France
The joint venture will invest €230M to construct a PET biorecycling plant in Longlaville, France, with plans to start construction by end of 2023 and commission by 2025.
30 May 2023
Plug Power Expands into Finland's Green Hydrogen Market with PEM Electrolyzer and Liquefaction Technology
Plug plans three green hydrogen plants in Finland, producing 850 TPD by 2030. Projects will support ammonia, green steel, and local mobility, creating 1,000 direct and 3,000 indirect jobs.
22 May 2023
Greenalia and P2X-Europe Partner on eFuel Project in Galicia
The Breogán project will produce sustainable aviation fuel using green hydrogen and biogenic CO2 in Galicia, aiming for 20,000 tonnes of synthetic hydrocarbons annually.
22 May 2023
thyssenkrupp nucera and H2 Green Steel to Build Major Electrolysis Plant in Sweden
The agreement secures over 700MW capacity for a large-scale electrolysis plant in Boden, Sweden, using alkaline water electrolysis technology to produce green hydrogen for steel production.
17 May 2023
Arkema Acquires Polytec PT, Expanding Adhesives for Batteries and Electronics
The acquisition enhances Bostik’s offerings in thermal interface materials and engineering adhesives, aiming for €50M turnover in 5 years, leveraging global presence and expertise.
11 May 2023
Eastman Secures Feedstock for French Molecular Recycling Facility
Eastman has secured over 80% of the feedstock for its French molecular recycling facility, partnering with Citeo, Paprec, and Interzero. The facility will recycle 200,000 metric tonnes annually by 2026.
10 May 2023
Arcadia Chooses Topsoe and Sasol for 2026 eFuels Plant in Denmark
The agreement marks a key milestone for the eFuels plant, aiming to produce sustainable aviation fuels to meet EU mandates and decarbonize the aviation sector by converting CO2 and H2 into eFuel.
9 May 2023
TotalEnergies Acquires Iber Resinas to Boost Plastic Recycling in Europe
The acquisition enhances production of circular polymers, expands recycled product range, and improves feedstock access, supporting the goal of 30% circular polymers by 2030.
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