Leading chemicals distributor Brenntag has agreed to buy Oils ‘R US, a Thai distributor of lubricants for automotive, commercial vehicle, industrial and marine applications. The transaction is expected to complete in the second half of 2020.
Nouryon has announced plans to start developing a manufacturing facility at its site in Ningbo, China, for two key organic peroxide intermediates: tert-butyl hydroperoxide (TBHP) and tert-butyl alcohol (TBA).
US industrial gases group Air Products has signed an agreement with Saudi Arabia’s Acwa Power and the Neom project to build a $5 billion world-scale green hydrogen-based ammonia plant. The facility, which Air Products said would be one of the largest of its kind, will supply 650 t/y of carbon-free hydrogen.
Corteva Agriscience has agreed to take over J.G. Bosell’s stake in their joint-venture company PhytoGen Seed Co. Financial terms of the deal were not disclosed.
Ineos has announced it may build its 4x4 off-roader in France, suspending existing plans to build it in Wales and Portugal. The Swiss-headquartered group is now in talks with Mercedes-Benz about acquiring the major German carmaker’s site at Hambach, France, describing the site in was “ideally suited” to the Grenadier.
A newly formed Japanese joint-venture company is investing in Anellotech’s Plas-TCat plastics recycling process, with the aim of commercializing the technology by 2027.R Plus Japan was established last month by 12 cross-industry partners within the Japanese plastics supply chain.
The newly built chemical tanker Bow Persistent has entered Odfjell’s 80-ship fleet, joining sister ship Bow Prosper in the Norwegian group’s round-the-world trade. Built at the Fukuoka shipyard in Nagasaki, Japan, the 36,000 dwt vessel comprises 28 stainless steel tanks.
Italian energy group Eni and compatriot NextChem, the green chemistry division of contractor Maire Tecnimont, have expanded their partnership to include building a circular gas plant in Taranto, Italy, adding to projects for waste-to-hydrogen and waste-to-methanol plants.
Haldia Petrochemicals, part of The Chatterjee Group (TCG), and investment funds affiliated with Rhone Capital have completed their joint acquisition of Lummus from major engineering and construction group McDermott International as of Jun. 30.
US generics specialist Mylan is investing an additional $20 million in Mapi Pharma to support the latter’s ongoing Phase 3 clinical study and eventual commercialization of Glatiramer Acetate (GA) Depot for treating patients with relapsing-remitting multiple sclerosis (RRMS) in the US.
Borealis, OMV, electricity group Verbund and cement company Lafarge Zementwerke have signed a Memorandum of Understanding to plan and construct a full-scale carbon capture plant in Austria. The captured CO2 would be used to make synthetic fuels, chemicals or plastics.
