The preliminary value for the CE Plant Cost Index® (CEPCI) for May 2024 (most recent available) rose slightly compared to the previous month’s value. The final value for April 2024 was itself upwardly revised. The small uptick in the May…
Lummus Technology (Houston; www.lummustechnology.com), a global provider of process technologies and value-driven energy solutions, and MOL Group (Budapest, Hungary; www.molgroup.info), the leading integrated Central Eastern European oil and gas corporation, announced the commencement of the design phase for the…
ArcelorMittal SA (Luxembourg; www.arcelormittal.com) and Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo; www.mhi.com) are working with a climate tech company, D-CRBN (Antwerp, Belgium; www.d-crbn.com), to trial a new technology to convert CO2 captured at ArcelorMittal’s plant in Gent, Belgium into carbon…
A new survey of 300 corporate researchers in industries including pharmaceuticals, life sciences and chemicals has been published by Elsevier B.V. (Amsterdam, the Netherlands; www.elsevier.com), a global leader in scientific information and data analytics. The 2024 Elsevier Attitudes on AI…
Evonik (Essen, Germany; www.evonik.com) has inaugurated a plant for its innovative dispersion technology for fumed silica at its Rheinfelden site. This strengthens the specialty chemicals company’s position as a leading supplier of high-quality silicas from the AEROSIL® family. The new…
Technip Energies (Paris; www.ten.com) and Shell Catalysts & Technologies (Houston; www.shell.com) announce a technology transfer agreement which accelerates the commercialization of Technip Energies’ Bio-2-GlycolsTM technology for bio-based Mono Ethylene Glycol (MEG) production from glucose. MEG is traditionally produced using fossil-based…
The European Investment Bank (EIB; Luxembourg; www.eib.org) and Cepsa (Madrid, Spain; www.cepsa.com) sign a €285 million loan agreement for the construction of an advanced biofuels plant to be located next to the La Rábida Energy Park in Palos de la…
Integrals Power (Milton Keynes, U.K.; www.integralspower.co.uk) is accelerating the development and establishment of a more sustainable, more robust and more transparent supply chain for cathode active materials used in lithium iron phosphate (LFP) batteries. The market share of LFP batteries…
Today, BASF SE (Ludwigshafen, Germany; www.basf.com) announced that the company will not further evaluate a potential investment in a nickel-cobalt refining complex in Weda Bay, Indonesia. In 2020, BASF and Eramet, a global mining and metallurgical group, signed an agreement…
MAIRE S.p.A. (Milan, Italy; www.groupmaire.com) announced Monday that NEXTCHEM (Sustainable Technology Solutions BU), through its subsidiary MyRechemical, a company in the waste-to-chemical segment, has signed a licensing contract with DG Fuels Louisiana, LCC in relation to its proprietary NX Circular…