Honeywell International, Inc. (Charlotte, N.C.) announced that Biotrend Energy (Istanbul) signed equipment supply, production license, and warranty agreements to build Türkiye’s first commercialized advanced waste recycling plant using Honeywell UOP UpCycle Process Technology. The facility will convert mixed waste plastics into…
Neste Corp. (Espoo, Finland) has successfully concluded its second series of industrial-scale processing runs with liquefied waste plastic at its refinery in Porvoo, Finland. The goal of the processing runs is to further increase the company’s understanding of how different…
Venator Materials PLC (Wynyard, U.K.) announced that it has completed the sale of its Iron Oxide business to Cathay Industries. The enterprise value of the transaction was $140 million and Venator expects to receive cash proceeds of approximately $130 million…
Kraton Corp. (Houston) announced a significant expansion of its styrene-butadiene-styrene block copolymers (SBS) supply capability at its Belpre, Ohio facility starting in 2024. The production capacity is expected to increase by 24,000 metric tons per year (m.t./yr) by 2025. "We…
Saint-Gobain (Courbevoie, France) has signed a binding agreement for the sale of its glass processing business Glassolutions in Switzerland to the privately-owned German group AEQUITA. The business generated sales of around €25 million in 2022 and employs approximately 70 people…
Honeywell International Inc. (Charlotte, N.C.) announced that SGP BioEnergy will implement Honeywell’s Experion System Technology at its Golden City Biorefinery in Colón, Panama. As one of SGP’s key automation contractors, Honeywell will deploy its Experion technology solutions for the plant’s distributed…
Lummus Technology (Houston) announced an integrated technology award from SP Chemicals and its subsidiary SP Olefins. SP Chemicals will license Lummus' CATOFIN® technology for a new 800,000-ton/yr propane dehydrogenation (PDH) unit, and SP Olefins will license Lummus' Novolen technology for a new…
Umicore N.V. (Brussels, Belgium) and Blue Current, a leading manufacturer of silicon elastic composite solid-state batteries, have agreed to strengthen their collaboration on the development of solid-state battery technology, with Umicore investing a minority stake in the U.S.-based start-up. This…
Yara Clean Ammonia (YCA; Oslo, Norway), a Yara International ASA company, and Enbridge Inc. (Houston) signed a letter of intent to jointly develop and construct a world scale low-carbon blue ammonia production facility as equal partners. The proposed facility, which…
Ampol Ltd. (New South Wales, Australia) and ENEOS Corp. (Tokyo, Japan) have announced the signing of a Memorandum of Understanding (MoU) to explore the production of advanced biofuels at the Lytton refinery in Brisbane, Australia. The parties have also executed…