che_april-2024 - 12

Cepsa and Bio-Oils to construct
world-scale biofuels plant in Spain
February 28, 2024 - Cepsa (Madrid,
Spain; www.cepsa.com) and Bio-Oils
are beginning construction of the largest
second-generation biofuels plant in
southern Europe. This facility will produce
500,000 m.t./yr of sustainable aviation
fuel (SAF) and renewable diesel. The new
plant, along with the existing facilities
operated by Cepsa and Bio-Oils in
Huelva, Spain, will form the secondlargest
renewable-fuels complex in
Europe, with a total production capacity
of 1 million m.t./yr. The new facility's
startup is planned for 2026, following
a €1.2-billion investment.
Röhm commissions expanded
Plexiglas plant in Germany
February 22, 2024 - Röhm GmbH
(Darmstadt, Germany; www.roehm.
com) has expanded production capacity
for polymethyl methacrylate (PMMA;
tradename Plexiglas) molding compounds
at its site in Worms. Work began on the
expansion in 2022, and commissioning
was completed in early 2024.
Mergers & Acquisitions
Trinseo commences plans to sell
50% stake in AmSty joint venture
March 14, 2024 - Trinseo (Berwyn,
Pa.; www.trinseo.com) has commenced
a sale process for its 50% ownership
in Americas Styrenics LLC (AmSty),
a joint venture (JV) with Chevron
Phillips Chemical Co. LP (CPChem;
The Woodlands, Tex.; www.cpchem.
com). Trinseo expects the exit process
to lead to a definitive arrangement no
later than early 2025.
Solvay and Carester enter MOU
related to rare-earth magnets
March 11, 2024 - Solvay S.A. (Brussels,
Belgium; www.solvay.com) and Carester
(Lyon, France; www.carester.fr) signed
a memorandum of understanding
(MOU) to form a strategic partnership
related to the value chain for rare-earth
magnets. In the partnership, Solvay is
contributing its industrial assets and
operational experience, and Carester
is bringing expertise in recycling endof-life
equipment, upstream market
knowledge and related activities.
Evonik sells superabsorbents
business to ICIG
March 4, 2024 - Evonik Industries
AG (Essen, Germany; www.evonik.
com) is selling its superabsorbents
business to the International Chemical
Investors Group (ICIG; Frankfurt am
Main, Germany). The final transfer of
the business is planned for mid-2024
following approval by the relevant
competition authorities.
LyondellBasell acquires plasticsrecycling
assets in California
February 20, 2024 - LyondellBasell
Industries N.V. (LYB; Rotterdam, the
Netherlands; www.lyondellbasell.
com)
acquired
plastics-recycling
assets from PreZero. The transaction
includes leasing the PreZero processing
facility in Jurupa Valley, Calif., which has
a production capacity of 23,000 m.t./yr
for recycled materials. LYB plans to
use this mechanical recycling plant to
manufacture post-consumer recycled
resins using plastic-waste feedstock.
LYB expects to commence operations
at the facility in 2025.
■
Mary Page Bailey
For details visit adlinks.chemengonline.com/86462-07
12
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
APRIL 2024

http://www.cepsa.com http://www.evonik.com http://www.trinseo.com http://www.cpchem.com http://www.lyondellbasell.com http://www.solvay.com http://www.carester.fr http://www.roehm.com http://adlinks.chemengonline.com/86462-07 http://WWW.CHEMENGONLINE.COM

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