Yokogawa Electric Corporation (Tokyo, Japan; www.yokogawa.com) announces that it has formalized a long-term agreement with Shell Global Solutions International B.V. (The Hague; the Netherlands; www.shell.com) to integrate and further develop technologies for utilizing robots and drones in plant monitoring and…
INEOS Phenol (Rolle, Switzerland; www.ineos.com), the world's largest producer of phenol and acetone, announced today its intention to permanently stop production at their site in Gladbeck, Germany. High European energy costs alongside Europe’s punitive CO2 tax policy have combined to…
The preliminary value for the CE Plant Cost Index (CEPCI) for April 2025 (most recent available) rose slightly compared to the previous month’s value. The final value for March 2025 was downwardly revised. The uptick in the April CEPCI was…
Jinggong Holding Group Co., Ltd. (Shaoxing, China; www.jsjggj.com), a Chinese industrial conglomerate, and Yokogawa Electric Corporation (Tokyo, Japan, www.yokogawa.com), a leader in industrial control and automation, announce that they have signed a strategic partnership agreement to explore the possibility of…
In a mid-year report on economic conditions, the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) said that "uncertainty has emerged as an economic headwind to businesses and consumers," and "near-term weakness in manufacturing activity is expected amid supply chain disruptions,…
Syensqo (Brussels, Belgium; www.syensqo.com), a global leader in advanced materials and specialty chemicals, is proud to announce the inauguration of its world class cutting-edge microbiology, (eco-)toxicology and biotechnology laboratories in Lyon, France. This new facility is the…
Chevron Lummus Global (CLG; Houston, Tex.; www.chevronlummus.com) and Neste (Espoo, Finland; www.neste.com), the world's leading producer of sustainable aviation fuel and renewable diesel, announced their progress in developing new technology for converting lignocellulosic biomass into high-quality, lower-emission renewable fuels.…
Linde (Dublin, Ireland; www.linde.com) today announced it is doubling the capacity of its Freeport, Texas, carbon dioxide (CO₂) production facility by adding a second CO₂ liquefaction plant. Starting up in 2027, the new plant will liquefy crude CO₂ captured from MEGlobal America…
Babcock & Wilcox Enterprises, Inc. (Akron, Ohio; www.babcock.com) announced today that it has reached an agreement to sell its Diamond Power International business (Lancaster, Ohio) to Austria-based Andritz (Graz, Austria; www.andritz.com) for $177 million, subject to customary fees and adjustments.…
Andritz (Graz, Austria; www.andritz.com) has today opened a new electroyzer gigafactory in Erfurt, Germany. The gigawatt-scale facility will supply Europe's growing green-hydrogen market. The new facility has an initial annual production capacity of approximately one gigawatt which corresponds to approximately…