Fluor Corp. (Irving, Tex.) announced today that it has agreed to sell its Stork business in Belgium, Germany, the Netherlands and its turbo blading manufacturing operation in the United States to industrial services provider Bilfinger SE (Mannheim, Germany). This divestiture…
SABIC (Riyadh, Saudi Arabia) and China Petroleum & Chemical Corp. (Sinopec) announced the commercial operation of a new polycarbonate (PC) plant at their 50-50 joint venture (JV) – SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC). Khalid Hashim Al-Dabbagh, SABIC Chairman…
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo) has received an order for the front-end engineering and design (FEED) of a hydrogen fluoride production plant, including utility facilities in Hibikinada Oceanfront Industrial Park in Kitakyushu City, Fukuoka Prefecture. The order is from…
SABIC (Riyadh, Saudi Arabia) has announced that the Public Investment Fund (PIF) signed a share purchase agreement to acquire a 100% shareholding in the Saudi Iron & Steel Company (Hadeed) from the Saudi Basic Industries Corporation (SABIC). Based on a…
Albemarle Corporation (Charlotte, N.C.) confirmed that it will be working toward the execution of a binding agreement to acquire Liontown Resources Ltd.(Liontown). Albemarle notes the announcement to the ASX by Liontown and confirms that it submitted a best and final…
Henkel AG (Düsseldorf, Germany)announced the launch of a new Battery Engineering Center within its unique Inspiration Center Duesseldorf. The opening solidifies the company's role as a premier design and innovation partner for automotive OEMs and battery manufacturers worldwide. The Battery…
BASF SE (Ludwigshafen, Germany) has commenced construction of its syngas plant at the Verbund site in Zhanjiang, China. This world-scale syngas facility, fully integrated into the Verbund site, is scheduled to start up in 2025. BASF will adopt unique process…
Teijin Ltd. (Toyko)has agreed to sell its entire stake in GH Craft Co., a subsidiary of Teijin's composites business in Japan, to TIP Composite Co., Ltd., a manufacturer headquartered in Matsumoto City, Japan. Teijin acquired GH Craft in July 2008…
Processing iron ore is the most carbon-intensive step in the steelmaking process, often using coal as an energy source. A new technology, called Molten Oxide Electrolysis (MOE) aims to decarbonize the iron-ore process through electrification. “In the MOE cell, an…
Traditional vapor-compression refrigeration relies on hydrofluorocarbons (HFCs) as refrigerant fluids — a class of compounds with global-warming potentials (GWP) thousands of times higher than that of CO2. A new approach from scientists at Lawrence Berkeley National Laboratory (LBL; Berkeley, Calif.;…