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Lukoil commissions high-viscosity oils plant at Volgogad Refinery complex

Lukoil (Moscow, Russia) has commissioned a new production complex at its Volgograd Refinery. Presidential Plenipotentiary Envoy to the Southern Federal District Vladimir Ustinov, Russian Minister of Energy Nikolai Shulginov, Governor of the Volgograd region Andrei Bocharov and President of LUKOIL…

Stepan acquires Invista’s aromatic polyester polyol business

Stepan Co. (Northfield, Ill.) announced that it has purchased Invista's (Wichita, Kan.) aromatic polyester polyol business and associated assets.  Included in the transaction are two manufacturing sites, one in Wilmington, NC (United States) and the other in Vlissingen (the Netherlands), and…

Eastman Chemical to build world-scale molecular-recycling facility

Eastman Chemical Co. (Kingsport, Tenn.) CEO Mark Costa and Tennessee Governor Bill Lee announced the company's plans to build one of the world's largest plastic-to-plastic molecular recycling facilities at its site in Kingsport, Tenn. Through methanolysis, this world-scale facility will…

UPM begins basic engineering work for 500,000-ton biorefinery

UPM Group (Helsinki Finland) is moving forward with its biofuels growth plans and starting the basic engineering phase of a next-generation biorefinery. The potential biorefinery would have an annual capacity of 500,000 metric tons per year (m.t./yr) of high-quality renewable…

Valmet to provide major process equipment for Renewcell textile-recycling plant in Sweden

Renewcell and Valmet Oyj (Espoo, Finland) have signed a contract for Valmet to deliver the main equipment for Renewcell’s planned 60,000 metric-ton capacity textile recycling plant at Ortviken industrial site in Sundsvall, Sweden. This is a major milestone in the…

ArcelorMittal and Vow ASA announce plans to build a biogas plant in Luxembourg

Specialist provider of technology for decarbonizing industry Vow ASA (Oslo, Norway) confirms that it has signed a strategic memorandum of understanding with ArcelorMittal (Luxembourg) to work on a project to build a biogas production plant that will reduce CO2 emissions…

SK Global Chemical and Brightmark to build pyrolysis-based plastics-recycling plant in South Korea

SK Global Chemical (Seoul, South Korea) and Brightmark, the global waste solutions provider, have signed a memorandum of understanding to create a partnership that aims to take the lead in the circular economy of plastic by construction of a commercial-scale…

Hydrogen-fuel business OneH2 receives investment from Sumitomo

Sumitomo Corporation of Americas (SCOA; New York, N.Y.), the largest subsidiary of Sumitomo Corp., announced its investment in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina. SCOA's investment will help the company deploy full turnkey hydrogen solutions, creating…

Repsol joins international consortium to develop renewable hydrogen technology

Repsol S.A. (Madrid, Spain) has joined an international consortium to develop cutting-edge renewable hydrogen technology. The H24All project, led by a consortium of fifteen partners, has presented an application for European Green Deal funding to develop Europe’s first 100 megawatt…

KBR awarded study to support hydrogen-based energy supply for data center development

KBR, Inc. (Houston) announced that it has been awarded a study by Keppel Data Centres Holding Pte Ltd (Keppel Data Centres) to assess scenarios for alternative hydrogen-based energy sources to supply new data center investment and deployment in Singapore. Through…