Business Roundup

Mosaic has agreed to sell a phosphate mine in Patos de Minas, Brazil, to Fosfatados Centro for $125 million. Mosaic says the sale is part of a plan to divest noncore assets. Heraeus Precious Metals has acquired Umicore’s platinum active pharmaceutical ingredient business outside South America. The purchase will help Heraeus ramp up production of platinum-based cancer drugs. Johnson Matthey’s technology for combining carbon dioxide and hydrogen into methanol has been selected by Reolum for a project in Spain. The plant will use water electrolysis–derived hydrogen to make up to 140,000 metric tons of methanol per year. Solvay and the tire maker Hankook plant to develop silica made from rice husk ash for tire production. Solvay is producing the plant-derived silica at its facility in Livorno, Italy. Royal Helium has filed for bankruptcy. The firm has been developing helium deposits unconnected to natural gas, primarily in Alberta. Orlen, a Polish

Publication Details

Journal
C&EN Global Enterprise
Published
2025-01-27
DOI
https://doi.org/10.1021/cen-10302-buscon18
Primary Topic
Diverse Specialized Academic Research
Type
article
Field-Weighted Citation Impact
0.00
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Business Roundup

C&EN Global Enterprise
Diverse Specialized Academic Research
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Business Roundup

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Abstract

Mosaic has agreed to sell a phosphate mine in Patos de Minas, Brazil, to Fosfatados Centro for $125 million. Mosaic says the sale is part of a plan to divest noncore assets. Heraeus Precious Metals has acquired Umicore’s platinum active pharmaceutical ingredient business outside South America. The purchase will help Heraeus ramp up production of platinum-based cancer drugs. Johnson Matthey’s technology for combining carbon dioxide and hydrogen into methanol has been selected by Reolum for a project in Spain. The plant will use water electrolysis–derived hydrogen to make up to 140,000 metric tons of methanol per year. Solvay and the tire maker Hankook plant to develop silica made from rice husk ash for tire production. Solvay is producing the plant-derived silica at its facility in Livorno, Italy. Royal Helium has filed for bankruptcy. The firm has been developing helium deposits unconnected to natural gas, primarily in Alberta. Orlen, a Polish

C&EN Global EnterpriseVol. 103(2)
Openalex Percentile: Top 98%
Diverse Specialized Academic Research
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