Gevo, Inc. (Englewood, Colo.) has entered into a definitive agreement to acquire the ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy, LLC for $210 million. The purchase price includes the ethanol production asset…
Ohmium International (Newark, Calif.), agreen hydrogen company that designs, manufactures and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, has announced a strategic partnership with Ten08 Energy (Houston) related to clean ammonia production. This collaboration will see Ohmium's PEM electrolyzer solutions…
Covestro AG (Leverkusen, Germany) will start the construction of a new Thermoplastic Polyurethanes (TPU) APAC application development (AD) Center in Guangzhou in South China. It is the second investment announcement for TPU in quick succession: Just last year the company…
Thermax Ltd. (Pune, India) has announced a strategic collaboration with Ceres Power Holdings plc (Horsham, U.K.), a leading developer of clean energy technology. The two companies have entered a non-exclusive, global license agreement for Thermax to manufacture, sell and service…
Worley Ltd. (North Sydney, Australia) announced that it will support Shell with two transformational projects — the upgrade program at its Energy and Chemicals Park Rheinland, converting the site into a base oil production unit; and enabling the production of…
KBR, Inc. (Houston) has been awarded a conceptual study contract for floating blue ammonia production from Samsung Heavy Industries (SHI), one of the world's largest shipbuilders in South Korea. The award is part of SHI's diversification in the ocean energy…
Asahi Kasei Corp. (Tokyo) has signed a memorandum of understanding (MOU) with Industrie De Nora S.p.A (Milan, Italy) concerning the joint development, study, evaluation, and sale of small-scale pressurized alkaline water electrolyzers. De Nora possesses technical expertise and knowledge in…
Nippon Shokubai Ltd. (Osaka, Japan) is proceeding with a project to build a new plant in Fukuoka Prefecture with the goal of commencing commercial operations by 2028 for Lithium bis(fluorosulfonyl)imide (LiFSI; Product name: IONEL), which is used as the electrolyte…
LyondellBasell (LYB; Rotterdam, the Netherlands) is investing in a new closed-loop preparation center in Lich, Germany. This sophisticated recycling center is transforming plastic waste into high-quality feedstock for high-performance materials, supporting the circular economy and contributing to industry sustainability goals.…
Splitwaters (Houston) announced plans to develop a number of e-fuels facilities utilizing its state-of-the-art alkaline electrolyzers and Topsoe A/S (Lyngby, Denmark) technology for the backend fuels and chemicals production. By leveraging modular design principles and managing the projects Splitwaters aims…