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Digital deal for Air Liquide

Industrial gases giant Air Liquide and semiconductor producer STMicroelectronics have announced plans to “engage in a collaborative initiative to accelerate the development of digital solutions for industrial applications”. ST is already a customer to Air Liquide for gas, materials and equipment at multiple sites.

Merck KGaA wins battle for Versum

Merck KGaA has signed a definitive agreement to acquire Versum Materials, a US-based producer of electronic materials. The company’s offer, which Versum initially rejected as it pursued a merger with Integris, was accepted after it was raised from $48/share to $53.

Queen's Awards for four UK-based chemical operations

Four companies with operations in the UK have been honoured in the latest round of the Queen’s Award for Enterprise. Diamond Dispersions, Sterling Pharma Solutions and Leverton Clarke all won in the International Trade category, Biocatalysts in the Innovation category.

Anellotech to scale up Bio-TCat technology

Sustainable technology company Anellotech has confirmed significant progress in its Bio-TCat technology development programme and has begun planning for scale- up design and engineering of a commercial plant with its process development and design partner IFPEN and commercialisation, engineering and licensing partner, Axens.

Covestro to build world-scale MDI plant in US

Bayer spin-off and polymer materials company, Covestro, is investing €1.5 billion (US$1.7 billion) in the construction of a world-scale methylene diphenyl diisocyanate (MDI) plant in Baytown, US. The investment at the existing site is the largest single investment in the history of the company. Total capacity will be 500 kilotons/year and production is expected to start in 2024. Total MDI capacities in the region will reach around 740 kilotons/year, making Covestro the industry capacity leader in the region.

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