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Mergers, Acquisitions, and Partnerships news
(page 66)
1 December 2017
Sustainable Biogas Plant at Chemelot
The biogas plant will process 700 ktonnes of manure into biogas, dried manure pellets, and pure water, reducing methane and ammonia emissions and supporting Chemelot's sustainability goals.
1 December 2017
Oxea to Boost European DOTP Production to 60,000 mt/year
A German partner will build a modular DOTP unit, with Oxea supplying 2-EH and marketing DOTP. This will reduce imports and enhance delivery reliability for various industries.
29 November 2017
Novamont Expands Biopolyester Production
The Patrica plant's capacity for ORIGO-BI biopolyesters will double to 100,000 tonnes annually by Q1 2018, enhancing Novamont's bioplastic supply chain and integrating new technologies.
13 November 2017
Phosphea Acquires Elixir’s Feed Phosphate Operations in Serbia
The acquisition enhances production capacity and workforce, strengthening the company's position in the European feed phosphates market and supporting its long-term growth strategy.
1 November 2017
Solvay Sells Chlorine Assets to CUF
Solvay's Torrelavega assets sold to CUF, which plans a €55M investment in a new chlorine unit. Employees stay with Solvay. Asset transfer expected Q1 2018 after mercury-based unit shutdown.
29 October 2017
Borealis Advances to FEED Phase for New PDH Plant in Belgium
The plant, set for 2022, will produce 740 KTA using Honeywell UOP's Oleflex™ technology. Oiltanking Antwerp Gas Terminal and Air Liquide are key partners, pending final investment decision in Q3 2018.
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10 October 2017
Evonik Opens New Site in France
The new site in Tours will focus on plant-based cosmetic ingredients, leveraging local scientific collaboration and advanced biotechnological processes for high-yield, resource-efficient production.
13 September 2017
Sabic Expands in Europe with New Polypropylene Facilities
New pilot plant and extrusion facility in Geleen to drive innovation in polypropylene products, supporting sustainable solutions for automotive, healthcare, packaging, and more.
18 July 2017
Avantium and AkzoNobel Sign Contract for Pilot Biorefinery in Delfzijl
The pilot plant will validate the Zambezi process to convert biomass into raw materials, aiming for commercial scale. Expected operational in Q2 2018, it will create about 20 jobs.
7 July 2017
Statoil, Vattenfall, Gasunie to Explore Hydrogen Conversion
The MoU aims to convert a Dutch gas plant to hydrogen, potentially cutting 4 million tons of CO2 annually. Feasibility studies and infrastructure needs are being assessed for a large-scale hydrogen value chain.
27 June 2017
CARBIOS and TechnipFMC Partner on PET Enzymatic Biorecycling
The project aims to scale up an innovative process to recycle PET plastic waste into virgin PET, enhancing industrial competitiveness and supporting sustainable development.
13 June 2017
Nel ASA secures NOK 450 million power-to-gas deal with H2V PRODUCT
The agreement involves designing, constructing, and maintaining renewable hydrogen plants in France, aiming to inject hydrogen into natural gas pipelines, with potential expansion to 700 MW by 2025.
8 June 2017
EUR 25 Million Subsidy Granted for PEF Industry Consortium
A consortium of 11 companies received a EUR 25 million subsidy to establish a supply chain for bio-based FDCA and PEF, including a 50,000-ton plant in Antwerp, aiming to replace fossil-based packaging.
2 June 2017
Linde Secures Contract for Russian Olefin Plant
Linde will supply an olefin plant in Nizhnekamsk, Tatarstan, with a capacity of 600,000 tonnes of ethylene annually, doubling in future. The plant will start operations in 2022.
19 May 2017
Polynt and Reichhold Finalize Merger to Form Global Specialty Chemicals Group
The merger creates a €2 billion global specialty chemicals group with 44 plants worldwide, enhancing customer service and product quality. Investindustrial and Black Diamond are equal investors.
25 April 2017
WACKER Enhances Ketene Production in Burghausen
A new reactor for isopropenyl acetate boosts production capacity by 2,500 tons annually. WACKER also takes over sales of calcium acetylacetonate, enhancing supply chain integration and product quality.
23 March 2017
Novo Nordisk and Novozymes Residues to be Converted into Biogas
A new biogas plant in Kalundborg will convert 300,000 tonnes of biomass annually, reducing CO2 by 17,000 tonnes and creating 15-20 jobs. The plant will be operational by spring 2018.
9 March 2017
px group acquires Saltend Industrial Park
The 370-acre site will transition to px over the next few months, with 50 BP workers transferring. BP will remain a major tenant, focusing on acetyls production and research.
9 February 2017
AkzoNobel, Avantium, and Partners Advance Biobased Economy with New Technology
A new reference plant in Delfzijl will use Avantium's Zambezi process to convert non-food biomass into high-purity glucose and lignin, accelerating the biobased economy.
26 January 2017
Momentive Breaks Ground on NXT Silane Facility in Leverkusen
The new facility in Leverkusen will expand production of NXT silane for the automotive industry, enhancing local supply and supporting global demand for low rolling resistance tires.
11 January 2017
Coolrec Opens Plastics Compounding Plant in Emmen
The new plant refines recycled plastic pellets for consumer goods, enhancing sustainability and supporting the circular economy with high-value secondary raw materials.
20 December 2016
WACKER Acquires Spanish Fermentation Plant to Boost Cysteine Production
WACKER invests €30M to modernize a newly acquired Spanish fermentation plant, boosting cysteine production and creating 35 jobs, meeting growing demand in food and pharmaceutical sectors.
7 November 2016
MOL Group Sets 2017-2021 Financial and Operational Targets
MOL plans $2bn capex for refining, petrochemicals, and retail, aiming for higher non-fuel product share and market expansion. Focus on efficiency, diversification, and maintaining strong cash flow.
7 October 2016
Synvina JV by BASF and Avantium Invests in Antwerp FDCA Plant
Synvina aims to lead in FDCA and PEF production, investing in a 50,000-ton plant in Antwerp. The JV will leverage Avantium's YXY process and continue partnerships for bio-based packaging solutions.
29 September 2016
First Industrial-Scale Bio-Butanediol Plant Opens
The new plant produces 30,000 tonnes/year of bio-butanediol, cutting CO2 emissions by 50%. It revitalizes an abandoned site, creating jobs and advancing bioplastics and chemical sustainability.
26 September 2016
LANXESS to Acquire Chemtura
The acquisition will enhance LANXESS' additives portfolio, creating a major player in flame retardant and lubricant additives, with expected annual synergies of EUR 100 million by 2020.
20 September 2016
Evonik Invests in Vivasure Medical
Evonik's investment supports Vivasure's bioabsorbable arteriotomy closure device, leveraging Evonik's polymer expertise to enhance minimally invasive procedures and patient outcomes.
1 September 2016
LANXESS Acquires Chemours' Clean and Disinfect Business
The acquisition, valued at EUR 210 million, enhances LANXESS' North American presence and is expected to boost EPS and EBITDA. The business includes disinfectants, potassium monopersulfate, and chlorine dioxide.
24 August 2016
GETEC Acquires Emmtec Industry Park from Nuon
GETEC will acquire Emmtec Industry Park, ensuring employment for 200 staff. The deal, pending antitrust approval, aims to enhance GETEC's European market presence and competencies in the chemical industry.
27 July 2016
Musim Mas Europe Acquires Dutch Glycerine Refinery
DGR, established in 2014, is the largest crude glycerine refinery globally. Located in Delfzijl Chemical Park, it offers easy access to European markets and serves diverse industries.
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