Blockchain technology, which establishes a transparent and reliable shared data network, significantly boosts transparency of the raw material supply chain as the information about the material’s origin cannot be changed undetected. The benefits of blockchain are increasingly important for manufacturers…
McDermott International, Inc. (Houston; www.mcdermott.com) announced that it has been awarded a sizeable technology contract by Formosa Chemicals Industries Ningbo Ltd. for the technology license and basic engineering services for a grassroots alpha-methylstyrene (AMS) recovery unit in Ningbo, China. This 10,000…
Avantium (Amsterdam, the Netherlands; www.avantium.com) has inaugurated its plant-based MEG (mono-ethylene glycol) demonstration factory in Chemie Park Delfzijl, the Netherlands. The opening ceremonies were hosted by Nienke Homan, regional minister of the province of Groningen, the Netherlands and Avantium CEO…
Corbion (Amsterdam, the Netherlands; www.corbion.com) and Nestlé S.A. (Vevey, Switzerland; www.nestle.com) have entered into a joint development agreement to develop a next generation platform of algae-based ingredients rich in protein and micronutrients that can deliver sustainable, great-tasting, highly nutritious products.…
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) has reached an agreement to process post-consumer carpet, which is one of the most problematic waste materials in U.S. landfills. The reclaimed carpet will be recycled through Eastman’s carbon-renewal technology and converted into new…
Thermo Fisher Scientific (Waltham, Mass.; www.thermofisher.com) announced that it is investing nearly $24 million in its Inchinnan, Scotland, site to expand global bioproduction capabilities with additional large-volume liquid manufacturing capacity for cell culture media. Thermo Fisher's high-quality liquid products, including cell…
Firmenich (Geneva, Switzerland; www.firmenich.com), the world's largest privately-owned perfume and taste company, has acquired the CO2 extraction business from Evonik Industries AG (Essen, Germany; www.evonik.com). This acquisition significantly expands Firmenich's capabilities in supercritical fluid extraction (SFE), complementing its Naturals Centre…
Hexion Inc. (Columbus, Ohio; www.hexion.com) announced its intention to add phenolic resin capacity as the latest expansion of its adhesives and binders business at its Brimbank, Australia site. “As a global leader uniquely positioned in the Australia and New Zealand…
Nouryon (Amsterdam, the Netherlands; www.nouryon.com) and U.S.-based startup Forge Nano have agreed to explore a joint collaboration in ultra-thin coatings for high-growth applications, including batteries and catalysts. The technology, called atomic layer deposition (ALD), also has the potential to open…
Eni S.p.A. (Rome, Italy; www.eni.com) has started the updating work for its new supercomputer system, HPC5, in order to strengthen the existing HPC4 system, tripling its computing power from 18 to 52 petaflops (floating point operations per second), equivalent to…