Suez, a world leader in circular and digital solutions for water and waste, has acquired stakes in two North American start-up companies Airex Energy and Subeca.

Under a definitive agreement between both the parties, Conoco Phillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of 22.5 billion dollars, inclusive of 5.4 billion dollars of net debt.

Maire has plans to acquire APS Evolution, the parent company controlling APS Designing Energy and KTI Poland which are two engineering companies in Italy and Poland. Both the firms have a strong global reputation for carrying out ‘conversion of natural resource’ projects.

Under the terms of the technology licensing agreement, Reliance will be provided with an exclusive license for Nel’s alkaline electrolyzers in India and it will also allow Reliance to manufacture Nel’s alkaline electrolyzers for captive purposes globally.

Metso’s sulphate-free alkaline pressure leach process has been validated as a Planet Positive technology for the production of battery-grade lithium. The process will help to meet the growing demand for battery-grade lithium.

Located in Germany, Gascontec is an innovative company which specializes in technology development and process engineering. With this acquisition, Nextchem will strengthen its commercial offering in low-carbon, green and circular solutions.

Eli Lilly and Company has announced fresh investments of 5.3-billion-dollars for its Indiana API manufacturing site. With this move, the company has increased its total investment in the site from 3.7 billion dollars to 9 billion dollars.

Axalta Coating Systems has plans to acquire The Coverflexx Group from Transtar Holding Company. Under the terms of the agreement, the firm will be purchased by Axalta Coating Systems for an initial cash consideration of 285 million dollars, plus an additional 10-million-dollar earnout based on the business’s 2024 performance.

Four industry players – Arcelor Mittal, Mitsubishi Heavy Industries, BHP, and Mitsubishi Development have begun operating a pilot carbon capture unit on the blast furnace off-gas at Arcelor Mittal Gent in Belgium.

Under a MOU signed between both the parties, Thyssenkrupp Uhde and Johnson Matthey will make use of their individual expertise to offer a fully integrated blue ammonia solution.