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Mergers, Acquisitions, and Partnerships news
(page 73)
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.
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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.
20 March 2019
Hyundai Engineering Pre-Selected for Polimery Police Project
The Polimery Police project aims to boost Poland's polypropylene production, reducing imports and creating jobs. The project budget is capped at EUR 1.52bn, with completion expected by Q4 2022.
7 March 2019
Braskem and Haldor Topsoe Launch Renewable MEG Demo Unit in Denmark
A new demo unit in Denmark converts sugar into renewable MEG, aiming to reduce production costs and enhance sustainability in the chemical industry. The global MEG market is valued at $25 billion.
4 March 2019
AGC Acquires Spanish Pharma Plant Malgrat Pharma Chemicals
The acquisition enables AGC to produce synthetic pharmaceutical intermediates and active ingredients in Europe, enhancing its CDMO business and expanding its presence in the European market.
1 March 2019
Shell Joins Rotterdam W2C Project
The Rotterdam W2C project will convert 360,000 tons of waste into bio-methanol, reducing CO2 emissions by 300,000 tons annually. Supported by Dutch authorities, it aims for a final investment decision in 2019.
18 February 2019
Total Acquires Synova for Recycled Polypropylene
The acquisition boosts recycled polypropylene supply for automotive use, enhancing vehicle efficiency and reducing CO2. Total also advances in bioplastics and partners on polystyrene recycling projects.
6 February 2019
Essar Oil UK Acquires BP Assets to Boost Growth
The acquisition enhances logistics infrastructure, supports retail expansion, and strengthens competitiveness in the UK market, with plans to grow to 400 retail sites and increase aviation fuel supply.
6 February 2019
Isobutene from Wheat Straw Produced at Demo Scale
The OPTISOCHEM project converts wheat straw into bio-isobutene, aiming for commercial production. Partners include Clariant, INEOS, and others, with ongoing R&D until May 2021.
21 December 2018
Zijin Finalizes Investment in Serbia's RTB Bor Group
On December 18th, the company signed closing documents with the Serbian government, acquiring 63% equity in RTB Bor Group.
4 December 2018
SABIC and PLASTIC ENERGY Partner on Recycled Feedstock Supply
They plan to build a plant in the Netherlands to produce TACOIL from mixed plastic waste, supporting a circular economy and sustainability goals.
28 November 2018
CARBIOS and KEM ONE to Develop PET Biorecycling Plant in French Chemical Valley
A Letter of Intent outlines plans for a PET biorecycling demonstration plant in Saint-Fons, France, aiming to create a circular economy for plastics and fibers using innovative, sustainable technology.
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