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Mergers, Acquisitions, and Partnerships news
(page 70)
22 September 2021
Versalis to acquire remaining 60% of Finproject, becoming Italy's leader in special polymers
The acquisition, completing in Q4 2021, aims to enhance technological synergy, expand product portfolios, and focus on sustainability, with significant growth prospects in various industrial sectors.
16 September 2021
EQTEC and Kibo Energy Partner on UK Waste-to-Energy Plant
A 25 MWe waste-to-energy plant in Billingham, UK, will use refuse-derived fuel. Construction starts in early 2022, operational by end of 2023. Kibo holds 54.54% equity, EQTEC 45.46%.
16 September 2021
Versalis to Acquire Ecoplastic Technologies for Porto Marghera Recycling Hub
The acquisition will enhance advanced mechanical recycling, expanding the Versalis Revive® range and supporting the Porto Marghera plant's transformation with a 20,000-ton annual capacity.
6 September 2021
Uniper and Port of Rotterdam to Produce Green Hydrogen
The agreement aims to develop green hydrogen production at Maasvlakte, leveraging North Sea wind power and connecting to Rotterdam's hydrogen infrastructure, advancing carbon neutrality and sustainable energy.
1 September 2021
Yara Acquires Ecolan to Expand Organic Fertilizer Business
Yara's acquisition of Ecolan enhances its role in organic farming and the circular economy, leveraging expertise to improve nutrient use efficiency and expand market reach beyond Finland.
18 August 2021
Linde to Supply Green Hydrogen for Infineon's Semiconductor Manufacturing
Linde will build and operate a two-megawatt electrolyzer and air separation unit at Infineon's Villach site to produce high-purity green hydrogen and nitrogen, supporting Infineon's emission reduction goals.
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5 August 2021
Maire Tecnimont to Engineer Kazanorgsintez EVA Plant in Russia
The project involves constructing a 100,000-ton LDPE/EVA plant using Sumitomo Chemical technology, valued at EUR 130 million, with a 40-month deadline. Work will be done by Maire Tecnimont subsidiaries.
2 August 2021
Ineos Sells Bilbao Sulphuric Acid Plant to WeylChem
The Bilbao plant, using advanced tech and co-generation, produces sulphuric acid (80%-98%) and oleum. It sources sulphur from refineries and generates steam for electricity production.
29 July 2021
SEQENS to Build New Paracetamol Unit in Roussillon, France
The new unit, supported by France Relance, will produce 10,000 tonnes of paracetamol annually by 2023, using innovative, eco-friendly processes to meet growing demand and enhance EU health sovereignty.
27 July 2021
Jervois Mining Acquires Freeport Cobalt for $160M, Expands in Finland
The acquisition adds 6,250 mtpa refining capacity in Finland, enhances downstream expertise, and strengthens financials, positioning the company for growth and sustainability. Expected to close by August 2021.
26 July 2021
Repsol and RAMPF Eco Solutions Enhance Polyurethane Recycling
The agreement grants exclusivity to develop recycled polyol plants in Europe, leveraging synergies to boost foam recycling and support circular economy goals.
21 July 2021
McDermott Wins Contract for Baltic Chemical Plant Polyethylene Project
McDermott will provide engineering and procurement for a spent caustic treatment solution at the world's largest polyethylene project in Russia, enhancing annual production to 3 million tons.
14 July 2021
EU Approves PKN Orlen's Acquisition of Grupa Lotos with Conditions
The EU's approval is conditional on commitments to ensure market competition, including divestitures and infrastructure access, to prevent higher prices and reduced choices in Poland and Czechia.
9 July 2021
Acorn CCS Partners with INEOS and Petroineos to Capture and Store CO2 at Grangemouth by 2027
The project aims to capture and store up to one million tonnes of CO2 annually by 2027, supporting Scotland's climate targets and utilizing the Acorn Project infrastructure for carbon reduction.
9 June 2021
Northvolt Secures $2.75 Billion to Expand Swedish Gigafactory to 60 GWh
The funding will boost battery cell production, R&D, and recycling. Northvolt plans to build more gigafactories in Europe, with potential sites in Germany, to meet growing demand for electric solutions.
7 June 2021
Mkango and Grupa Azoty to Develop Rare Earths Hub in Poland
A new rare earth separation plant in Poland will enhance Europe's supply chain, create jobs, and support green technologies. Feasibility studies and strategic partnerships are underway.
3 June 2021
Air Liquide and Severstal Sign Long-Term Oxygen Supply Contract
A new Air Separation Unit will be built in Cherepovets, producing 1,000 tons of oxygen daily, enhancing energy efficiency and reducing CO2 emissions, operational by end of 2023.
31 May 2021
Synthos Advances Bio-Butadiene Production in Poland
A feasibility study for a 20,000-ton bio-butadiene plant is underway, focusing on sustainable synthetic rubber from bio-ethanol, leveraging expertise in renewable materials and technology scaling.
25 May 2021
Technip Energies Secures Two Contracts from Neste for Rotterdam Renewables Platform
The contracts include EPCM for modifying a refinery to produce Sustainable Aviation Fuel and FEED for a potential new renewable products refinery, leveraging proprietary NEXBTL technology.
24 May 2021
PKN ORLEN Launches Major Petrochemical Project in Poland
The Olefins III Complex will boost energy efficiency, cut CO2 emissions, and increase production capacity by 60%. Completion is set for 2024, with production starting in 2025.
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.
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.
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