investment

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Borouge, ADNOC, Borealis and Wanhua Chemical Explore China Polyolefins Project

Borouge, in a consortium with ADNOC and Borealis, and China’s Wanhua Chemical, together with Wanrong New Materials, a subsidiary controlled by Wanhua, signed a project collaboration agreement for a feasibility study to develop a 1.6 million t/y specialty state-of-the-art polyolefin complex in Fuzhou, Fujian Province, China.

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Integrals Power Unveils UK's First Zero-Emission LFP Battery Plant

Integrals Power has started production of high-performance Lithium Iron Phosphate (LFP) and Lithium Manganese Iron Phosphate (LMFP) cathode active materials at its new UK pilot plant. This zero-emission power plant will help to accelerate development for the UK battery industry.

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Evonik Increases Sodium Methylate Production in Argentina

Evonik has announced the expansion of its sodium methylate production capacity at its Rosario plant in Argentina. The company's expansion contributes to its ongoing role in the biofuels industry and supports its efforts in innovation and sustainability in South America.

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AkzoNobel Invests in Chinese Site to Meet Coatings Demand

A newly updated and automated production line is operational at AkzoNobel’s Suzhou site in China. The improvements are part of a €14 million investment to accelerate growth and double the plant’s marine and protective coatings capacity by 2025.

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Navin Molecular Plans €32.6 Million Expansion of GMP Manufacturing

Navin Molecular, an Indian-headquartered CDMO with small molecule development and manufacturing capabilities, recently announced a Rs 288 Crore (approximately €32.6 million/$35 million) investment to construct a 9,000 m2 GMP manufacturing plant in Dewas, India. The new facility will nearly double the overall capacity at the site to 420 m3. It will support existing commercial-scale projects and meet future demands as the company continues to expand its global customer base.

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Trinseo Opens Next-Gen Depolymerization Facility in Italy

Specialty material solutions provider Trinseo recently announced the opening of its polymethyl methacrylate (PMMA) depolymerization facility in Rho, Italy. The pilot facility demonstrates the company’s commitment to sustainability by advancing next-generation recycling technology for acrylic solutions, in line with Trinseo’s 2030 Sustainable Product Portfolio Goals.

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Veranova Expands ADC and HPAPI Capabilities in the US

US contract development and manufacturing organization (CDMO) Veranova has initiated an expansion of its antibody-drug conjugate (ADC) and highly potent active pharmaceutical ingredient (HPAPI) development and manufacturing capabilities at its US facility in Devens, Massachusetts.

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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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Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

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