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ABB completes acquisition of Aurora Motors

ABB Ltd. (Zurich, Switzerland; www.abb.com) announced today it has completed the acquisition of Aurora Motors. The transaction was originally announced on November 4, 2024, and financial terms were not disclosed. Aurora Motors is a $4 million U.S. vertical pump motors…

Air Liquide will build hydrogen production unit at TotalEnergies biorefinery site

Air Liquide (Paris, France; www.airliquide.com) recently announced a renewable hydrogen production project at TotalEnergies (Courbevoie, France; www.totalenergies.com) La Mède (Provence-Alpes-Côte d'Azur region in France) site. In the context of a long-term contract, Air Liquide will cover the hydrogen needs of…

Cyclyx reaches final investment decision for second plastics circularity center

Cyclyx International, LLC (Portsmouth, N.H.; www.10to90.com), a post-use plastic-to-feedstock innovator and joint venture among Agilyx (Oslo, Norway; www.agilyx.com), ExxonMobil (Spring, Tex.; www.exxonmobil.com), and LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com), has reached a final investment decision for a second Cyclyx Circularity Center…

INNIO hydrogen combined heat and power project wins COGEN Europe award

INNIO Group (Jenbach, Austria; www.innio.com) today announced that it was awarded the COGEN Europe Recognition Award 2024 in the Technology and Innovation category for its 1 MW-class hydrogen combined heat and power (CHP) plant. Powered by green hydrogen, INNIO Group…

NextChem unveils technology center of excellence in Sicily

NextChem (Maire; Milan, Italy; www.nextchem.com) unveiled today its new high-tech engineering center, the “NX Engineering District”, in Catania, Sicily, in a ceremony attended by the local political and institutional leaders. The NX Engineering District, in Sicily’s Science and Technology Park,…

Clariant catalyst selected for biomass gasification-to-green methanol project in China

Clariant AG (Muttenz, Switzerland; www.clariant.com), a sustainability-focused specialty chemical company, today announced that its MegaMax catalyst was selected for a China’s biomass gasification-to-green methanol project. The plant will use a combination of farm waste and wind power to produce up…

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December 2024 Economic Indicators

The preliminary value for the CE Plant Cost Index® (CEPCI) for September 2024 (most recent available) decreased slightly compared to the previous month’s value. The decline — the third consecutive monthly decrease — was driven mostly by a fall in…

Chemical Industry Sustainability Projects Advanced by Global Impact Coalition

The Global Impact Coalition (GIC; Geneva, Switzerland; www.globalimpactcoalition.com), a CEO-led coalition committed to advancing a circular, net-zero future for the chemical industry, marks its first anniversary since spinning off from the World Economic Forum. Established as an independent entity in…

ARPA-E announces program to recover critical materials from wastewater

The U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E; arpa-e.energy.gov) today announced $36 million to recover critical metals and high energy-value materials like ammonia from wastewater. The agency’s program Realize Energy-rich Compound Opportunities Valorizing Extraction from Refuse waters…

Avantium and SCG Chemicals sign agreement to pilot polylactic-co-glycolic acid production

Avantium N.V. (Amsterdam, the Netherlands; www.avantium.com)  a leading company in renewable and circular polymer materials, announces the strengthening of its partnership with SCG Chemicals Public Company Limited (Bangkok, Thailand; www.scgchemicals.com) a leading chemical player in Asia and an innovator of…