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…
Air Products (Lehigh Valley, Pa.; www.airproducts.com), a leader in the production of gas separation and purification membranes, today hosted a groundbreaking event at the site of a $70 million expansion of its Missouri Manufacturing and Logistics Center in Maryland Heights, near St. Louis,…
ExxonMobil (Spring, Tex.; www.exxonmobil.com) and Air Liquide (Paris, France; www.airliquide.com) today announced an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air…
The U.S. economy is on “solid footing” at the midpoint of 2024, and recession risks have moderated, according to the ACC Mid-Year Situation & Outlook 2024 from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Martha Moore, ACC chief economist,…
The preliminary value for the CE Plant Cost Index® (CEPCI) for April 2024 (most recent available) decreased slightly compared to the previous month, reversing a three-month string of small monthly increases. In April, declines in the Equipment and Buildings subindices…
Plant Watch Asahi Kasei starts operation of multi-module hydrogen pilot plant in Japan May 14, 2024 — Asahi Kasei Corp. (Tokyo; www.asahi-kasei.com) opened a new hydrogen pilot plant in Kawasaki, Japan. In the pilot plant, four 0.8-MW electrolyzer modules are…
Developing a new technology from idea to commercial production involves major risks. Presented here are tools that project-management teams can use to mitigate them Technology development in the chemical process industries (CPI) involves designing and building facilities for which there…