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Four plan biotechnology platform

American start-up DMC Biotechnologies, which develops and produces chemicals and ingredients using precision fermentation, has agreed to create the ‘Biotech Open Platform’ in partnership with French industrial giants Danone and Michelin, and the investment bank Crédit Agricole. The first-phase investment is over €16 million.

Mitra Chem, Sun Chemical in battery deal

Mitra Chem, a specialist in lithium-ion battery materials, has formed a joint project with inks and pigments giant Sun Chemical to develop the first iron phosphate mass production capability in North America. This will be co-located with Mitra Chem's lithium iron phosphate (LFP) production.

Trillium chooses Ineos site

Trillium Renewable Chemicals has chosen Ineos Nitriles’ Green Lake facility in Port Lavaca, Texas, as the site for its Project Falcon demonstration plant to convert plant-based glycerol into acrylonitrile. This should begin operations in early 2025 and will help to validate commercial-scale economics and product carbon footprint at scale, the company said.

Posco Future M in Honda deal

Following discussions since April 2023, South Korea’s Posco Future M and Honda have reached a basic agreement on collaboration for the production of cathode materials for electric vehicle (EV) batteries in Canada. They will now begin detailed discussions with the goal of signing a joint venture agreement before the end of 2024.

CC Industries acquires Foremark

Chicago-based CC Industries (CCI) has acquired Foremark Performance Chemicals from SK Capital Partners. No financial details were disclosed. CEO Randy Owens and the rest of the management team will stay in place and Foremark will continue to operate as a stand-alone entity.

Foremark produces proprietary natural gas sweeteners, chemical building blocks and slow-release fertilisers from a highly automated, vertically integrated facility at League, Texas. Its customer base is mainly the Gulf Coast region of the US.

BASF starts change negotiations over pCAM plant

BASF has begun a six-week period of change negotiations at its precursor cathode active materials (pCAM) plant in Harjavalta, Finland. This may include layoffs for an indefinite period, potentially impacting all employees. The company added that it remains committed to driving pCAMs, which it will continue to do via its facility in Schwarzheide, Germany.

Orion breaks ground in Texas

Orion has formally broken ground on a new plant at La Porte, southeast of Houston, to make acetylene-based conductive additives for lithium-ion batteries, as well as in high-voltage cables used for wind and solar farms. It will source the acetylene from Equistar Chemicals’ nearby site. Start-up is scheduled for Q2 2025

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