Mobile Navigation

Business & Economics

Aramco, Carbon Clean and Samsung E&A partner on carbon-capture project

Aramco (Dhahran, Saudi Arabia; www.aramco.com), one of the world’s leading integrated energy and chemicals companies, has signed a collaboration agreement with Carbon Clean (Houston, Tex.; www.carbonclean.com) and SAMSUNG E&A (Seoul, South Korea; www.samsungena.com) to demonstrate a new carbon capture technology.…

Topsoe selected as technology provider for Triskelion e-methanol project

Topsoe (Lyngby, Denmark; www.topsoe.com), a global leader in carbon emission reduction technologies, has been chosen as a technology provider and engineering partner for the Triskelion project, located in Galicia, Spain. The project, owned by the Spanish shipping and chemicals company…

PPG completes on-site solar installation at Caivano, Italy facility

PPG Industries (Pittsburgh, Pa.; www.ppg.com) today announced the completion of an on-site solar installation at its Caivano, Italy facility that will enable progress toward the company’s 2030 greenhouse gas emissions reduction targets. The project is part of a partnership with…

Aramco, TotalEnergies, SIRC to assess potential SAF project in Saudi Arabia

Aramco (Dharan, Saudi Arabia; www.aramco.com), one of the world’s leading integrated energy and chemicals companies, TotalEnergies (Corbevoie, France; www.totalenergies.com), a global multi-energy company that produces and markets energies, and Saudi Investment Recycling Company (SIRC; Riyadh, Saudi Arabia; www.sirc.sa), a major…

Nel Hydrogen signs contract for electrolyzer equipment to Samsung C&T for ‘pink’ hydrogen project

Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Oslo, Norway; www.nelhydrogen.com), has signed a new contract for 10 MW of alkaline electrolyzer equipment for about EUR 5 million with Samsung C&T Corporation Engineering & Construction Group (‘Samsung C&T’) for…

Dow completes sale of flexible packaging laminating adhesives business to Arkema

Dow (Midland, Mich., www.dow.com) announced today the completion of its previously announced sale of the company's flexible packaging laminating adhesives business, within Dow's Packaging & Specialty Plastics segment, for $150 million, to Arkema S.A. (Colombes, France; www.arkema.com), a specialty materials…

LG Energy Solution and GM to develop prismatic battery technology

LG Energy Solution (Seoul, South Korea; www.lgensol.com) today announced a new partnership agreement with General Motors (GM; Detroit, Mich.; www.gm.com) for prismatic battery cell technology, marking an extension of the two companies' solid 14-year battery technology partnership. Under this new…

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…

Plant Watch: December 2024

Plant Watch Evonik breaks ground on specialty-amine production plant in Nanjing November 11, 2024 — Evonik Industries AG (Essen, Germany; www.evonik.com) has broken ground on its plant expansion for specialty amines in Nanjing, China. The Nanjing plant specializes in producing…

Methods for Conceptual Capital-Cost Estimation

Conceptual capital-cost estimates are important for assessing the economic viability of proposed projects, but their usefulness depends on understanding how to appropriately apply the estimates Capital cost estimates are a crucial step in order to make prudent decisions regarding any…