The European Commission approved without conditions the acquisition of Nova Chemicals by ADNOC and OMV, part of a broader merger plan with Borealis and Borouge. The approval was reported on 10 July 2025.
EcoSynthetix Inc. won a new commercial account with one line of an unnamed leading global pulp manufacturer, under a purchase order worth about CAD 1.1 million for calendar 2025 deliveries of its SurfLock strength aids.
SCG Packaging (SCGP) signed a joint development agreement with US-based Origin Materials to develop bioplastic from eucalyptus wood chips. The bioplastic project is being carried out in Canada, with results expected in the current quarter.
Topsoe signed an agreement with World Energy GH2 to supply its dynamic ammonia loop technology for Project Nujio'qonik in Newfoundland and Labrador, Canada. The loop will produce up to 1,650 metric tons per day of renewable ammonia, with production expected to start in 2025.
NOVA Chemicals signed a long-term agreement with Merlin Plastics, Canada's largest plastics recycler, to increase supply of post-consumer recyclate for consumer packaging. NOVA is also providing financing for a multi-million dollar recycling project.
SNC-Lavalin, in consortium with TechnipFMC, was awarded a lump sum EPC contract by NOVA Chemicals for two gas cracking furnaces at its Corunna cracker in Canada. The award supports a third phase expanding the unit's ethylene capacity by more than 50%.
Rayonier Advanced Materials agreed to acquire Tembec in a deal with a purchase price of about US$807 million including US$487 million of net debt assumed, with Tembec shareholders receiving C$4.05 cash or shares.