investment

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CEPSA Begins Construction of an Isopropyl Alcohol Plant in Spain

CEPSA has begun constructing a plant to produce 80,000 mt of isopropyl alcohol in Spain. The new facility represents an investment of € 75 million. The facility will be able to replace fossil-based raw materials with sustainable materials, thereby reinforcing CEPSA's Positive Motion strategy to drive the energy transition.

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BioNTech to Receive $145 Million to Expand mRNA Vaccine Production in Africa

German biotech company BioNTech and the Coalition for Epidemic Preparedness Innovations (CEPI) are expanding their strategic partnership to contribute to building a sustainable and resilient end-to-end African vaccine ecosystem. The partners said that CEPI will commit up to $145 million to support BioNTech to establish mRNA vaccine R&D as well as clinical and commercial-scale manufacturing capabilities at the company’s facility in Kigali, Rwanda.

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Aurigene Opens Biologics Facility

Aurigene Pharmaceutical Services Limited (Aurigene), a Dr. Reddy’s Laboratories Limited company, inaugurated its biologics facility spread across 6500 m2 (70,000 sq ft) in Hyderabad, India.

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Sterling Expands HPAPI Capabilities at US Facility

UK-headquartered contract development and manufacturing organization (CDMO) Sterling Pharma Solutions has invested $3 million at its US facility in Germantown, WI, to expand the company’s integrated antibody-drug conjugate (ADC) development and manufacturing capabilities.

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Lilly Increases Investment in Indiana Site to $9 Billion

Eli Lilly plans to invest another $5.3 billion in its US manufacturing site Lebanon, Indiana, increasing the company's total investment in this site $9 billion. The investment will expand Lilly's capacity to manufacture active pharmaceutical ingredients (API) for tirzepatide injections marketed under the Zepbound and Mounjaro brands.

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BASF to Expand Additives Plant in China

BASF is to invest in the expansion of its advanced additives plant at Nanjing, China. The expansion includes a state-of-the-art production line for the company’s high-performance controlled free radical polymerization (CFRP) dispersants used in the coatings industry. The new line is planned to start up by the end of 2025.

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Orion to Invest in Upgrade of Alpha Carbone Facility

US-headquartered specialty chemicals company Orion announced plans to invest in Alpha Carbone, a French tire recycling company. The partnership will enable Alpha Carbone to scale up its facility in Dole, France, and produce commercial volumes of tire pyrolysis oil and recovered carbon black.

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Wanhua Chemical Opens Barcelona R&D Center

On Wednesday, China’s Wanhua Chemical opened its R&D center in Cornellà de Llobregat near Barcelona, Spain, providing technical support and services to downstream customers in fine chemicals and materials on topics like product performance, application methods, and raw material selection.

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Asahi Kasei to Build a Battery Separator Plant in Canada

Asahi Kasei announced that it will construct an integrated plant in Ontario, Canada for the base film manufacturing and coating of Hipore wet-process lithium-ion battery (LIB) separator. Asahi Kasei and Honda Motor Co., Ltd. (Honda) have reached a basic agreement about the plant and are currently exploring the possibility of a joint investment.

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Linde to Build New Electrolyzer Plant in Brazil

Linde announced that – through its subsidiary White Martins – will build, own and operate a second 5-MW pressurized alkaline electrolyzer to produce green hydrogen in Jacareí, São Paulo, Brazil. Start-up of the facility is expected in 2025.

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BASF Launched Prototype Metal Refinery for Battery Recycling in Germany

BASF has started operations at its prototype metal refinery for battery recycling in Schwarzheide, Germany. The plant enables the development of operational procedures and the optimization of innovative battery recycling technology, processing end-of-life lithium-ion batteries and battery production scrap, the company said.

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OQ Chemicals Completes US Propionaldehyde Expansion

As part of its strategy to expand the company's application portfolio, Germany-based OQ Chemicals has mechanically completed the expansion of its US plant in Bay City, Texas, for the production of high-purity propionaldehyde.

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Fujifilm Invests Additional $1.2 Billion in CDMO Business in North Carolina

Fujifilm announced an additional investment of $1.2 billion in its large-scale cell culture contract development and manufacturing organization (CDMO) business to further expand the planned Fujifilm Diosynth Biotechnologies facility in Holly Springs, North Carolina, bringing the total investment in the facility to over $3.2 billion. Plans for the new site were unveiled in September last year.

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Air Liquide Expands Biomethane Capacities in the US

Air Liquide is to expand its capacities in biomethane, also known as renewable natural gas (RNG) in the US, with the construction of two new production units. These units, located in Center Township, Pennsylvania, and Holland Township, Michigan, will treat waste sourced from dairy farms.

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Orion Breaks Ground on Battery Materials Plant in Texas

Specialty chemicals company Orion, a producer of carbon black, broke ground on a battery materials plant in Texas, US. According to Orion, the facility will be the only one in the US producing acetylene-based conductive additives for lithium-ion batteries and other applications for the growing electrification.

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Aragen Launches First Phase of Biologics Facility in India

Aragen, a CRDMO, has launched the first phase of its biologics manufacturing facility in Bangalore, India. The $30 million project, executed by its subsidiary Aragen Biologics Pvt Ltd, has completed its first small-scale manufacturing project for a US-based organization, producing a novel anticancer monoclonal antibody.

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Syensqo Inaugurates Application Development Labs in Italy

Syensqo has opened its application development labs (ADL) in Bollate, Italy. The project includes an expansion of 1,300 m2 in a new building and represents a €10 million investment over the past three years and underlines the Bollate research center’s pivotal role in developing new applications for high-tech industries, the company said.

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Circular Plastics Economy
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Circular Plastics Economy

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