Par Pacific Holdings, Inc. (Houston) announced that it has successfully closed its previously announced acquisition of the Billings refinery and associated marketing and logistics assets from ExxonMobil Corp. (Irving, Tex.) and two of its subsidiaries. The base purchase price of…
Carbios (St-Beauzire, France) and Indorama Ventures Ltd. (IVL; Bangkok, Thailand) announced the signing of a non-binding Memorandum of Understanding (MOU) to form a Joint Venture (JV) for the construction of the world’s first PET (polyethylene terephthalate) biorecycling plant in France1.…
Plug Power Inc. (Latham, N.Y.) plans to develop three green hydrogen production plants in Finland, resulting in the production of 850 tons per day (TPD) of green hydrogen, or 2.2 gigawatts (GW) of electrolyzer capacity, by the end of the…
LyondellBasell Industries N.V. (Rotterdam, the Netherlands) announced that Alujain National Industrial Company (Alujain) has selected polypropylene process technology from LyondellBasell for a new Spherizone process technology line. Alujain owns National Petrochemical Industrial Co. (NatPet), which operates a Spheripol process technology…
Battery black mass recycling is becoming an important means to complement virgin battery metals supply and to reduce the carbon footprint of the battery supply chain. To respond to these needs, Metso Corp. (Helsinki, Finland) is launching an advanced sustainable…
Chinese synthetic biology company Bluepha Co. Ltd. and TotalEnergies Corbion (Gorinchem, the Netherlands) have signed a memorandum of understanding (MOU) to accelerate the market adoption of PLA/PHA-based solutions in China. The collaboration aims to bring together the expertise and resources…
LG Chem (Seoul, South Korea) announced that it has started construction of its fourth carbon nanotube (CNT) plant at its Daesan Complex, 80 kilometers southwest of Seoul. LG Chem’s CNT 4 Plant is slated for operation in 2025 and will…
Honeywell International Inc. (Charlotte, N.C.) announced that bp plc (London) selected its Ecofining technology to help support the production of sustainable aviation fuel (SAF) at five facilities. Honeywell UOP Ecofining technology will be installed at bp sites across the globe including the…
Accelera by Cummins, the zero-emissions business segment of Cummins Inc. (Columbus, Ind.), marked the start of operations for electrolyzer production in Fridley, Minnesota – its first electrolyzer production site in the United States. U.S. Department of Energy Secretary Jennifer Granholm,…
Sulzer Ltd. (Winterthur, Switzerland) recently signed an agreement with major lactic acid (LA) producer, Jindan New Biomaterials (Jindan), to enable the production of polylactic acid (PLA), a biobased plastic. Jindan will utilize Sulzer’s licensed PLA technology at its new manufacturing…