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HollyFrontier to combine with Sinclair Oil, forming new public company

HollyFrontier Corp. (Dallas, Tex.) and Holly Energy Partners, L.P. announced that they have entered into definitive agreements under which HollyFrontier and HEP will acquire Sinclair Oil Corp. and Sinclair Transportation Company from The Sinclair Companies. Under the terms of HollyFrontier’s…

ArcelorMittal announces major decarbonization investment in Canada

ArcelorMittal (Luxembourg) has announced that new direct reduction of iron ore (DRI) and electric arc furnace (EAF) installations at ArcelorMittal Dofasco in Hamilton, Ontario will reduce carbon emissions by by approximately 3 million tons, which represents approximately 60% of emissions,…

Yara to sell Brazil phosphate project to EuroChem for $410 million

Yara International ASA (Oslo, Norway) has signed a Share Purchase Agreement with Eurochem Group AG (Zug, Switzerland) to sell its Salitre phosphate mining project for a cash consideration of $410 million. Yara’s ongoing transformation has a strategic focus on food…

KBR and Petron Scientech to license production technologies for renewable chemicals

KBR, Inc. (Houston) and Petron Scientech Inc. (PSI) announced that they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production. Under this agreement, KBR will be the exclusive licensor for PSI's Ethylene Oxide…

Air Liquide and Siemens to build world-scale PEM electrolyzer in Oberhausen, Germany

Air Liquide S.A. (Paris) is planning to build a renewable hydrogen production plant using electrolysis technology in Oberhausen, Germany. With a total capacity to reach 30 megawatts (MW), a first phase of the project is expected to be operational by…

McDermott receives mechanical-completion certificate for work on GCGV mono-ethylene glycol facility

McDermott International, Ltd. (Houston) and CTCI announced that their joint venture has received the mechanical completion certificate for Gulf Coast Growth Ventures' (GCGV) Mono-Ethylene Glycol (MEG) facility located in Gregory, Texas. "Congratulations to the joint venture project teams of McDermott…

PPG completes $15-million expansion at California manufacturing facility

PPG (Pittsburgh, Pa.) announced the completion of a $15-million investment at its Sylmar, California manufacturing facility to expand the development and production of aircraft transparency technologies for military aviation programs, including canopy transparencies for Lockheed Martin’s F-35 fighter jets. As…

Johnson Matthey and Kebotix in partnership for AI-enabled R&D projects

Johnson Matthey plc (JM; London) and Kebotix, a U.S.-based technology platform company for new chemicals and materials, announced an agreement to explore developing the next generation of coatings for catalytic converters. The project will support JM’s digital strategy, and help…

Eni and BASF to collaborate on development of bio-based propanol

Eni S.p.A. (Rome, Italy) and BASF SE (Ludwigshafen, Germany) have signed a strategic agreement on a joint R&D initiative to reduce the CO2 footprint of the transportation sector. The cooperation aims to develop a new technology to produce advanced bio-propanol…

Honeywell UOP awarded propylene technology contract from Sibur subsidiary

Honeywell International, Inc. (Charlotte, N.C.) announced OOO ZapSibNeftekhim, a subsidiary of PJSC Sibur Holding, will revamp one of its facilities in western Siberia that uses Honeywell UOP C3 Oleflex technology to increase propylene production. The revamp will enable the Russian…