Malta Inc. (Cambridge, Mass.), an expert in long-duration energy storage, announced a partnership with Siemens Energy (Munich, Germany) to co-develop the commercial design of innovative new turbomachinery components for Malta’s long-duration energy storage system. Malta’s Pumped Heat Energy Storage (PHES)…
Shell Deutschland has reached an agreement with Alcmene GmbH (part of the Liwathon Group) for the sale of its non-operated 37.5% shareholding in the Germany PCK Schwedt Refinery. The divestment is part of Shell's strategy to reduce its global refinery…
Sandvik Group (Stockholm, Sweden) has signed an agreement to acquire U.S.-based DWFritz Automation Inc., a leading global provider of precision metrology, inspection- and assembly solutions for advanced manufacturing. DWFritz Automation designs, builds and supports engineer-to-order high-speed, non-contact metrology solutions and…
DuPont Sustainable Solutions (DSS) announced that KKS Advisors (Boston, Mass.), a leading global Environment, Social, Governance (ESG) consulting firm will join DSS. With this acquisition, which was effective June 30, DSS adds to its offerings new intellectual property (IP), methodologies,…
Haldor Topsoe A/S (Lyngby, Denmark) will build a 15,000-ton/yr hydroprocessing-catalyst plant at the company’s existing Bayport production site in Pasadena, Harris County, Texas. The plant will increase production capacity of Topsoe’s TK catalyst family to meet increasing demand, both in…
Aker Clean Hydrogen and CapeOmega have signed a Memorandum of Understanding with AS Norske Shell to explore opportunities to develop the Aukra Hydrogen Hub to a large-scale production facility for clean hydrogen using natural gas from the local gas processing…
The Abu Dhabi National Oil Company (ADNOC) announced participation in a joint study agreement (JSA) with two Japanese companies – INPEX Corporation (INPEX), JERA Co., Inc. (JERA), and a government agency, the Japan Oil, Gas and Metals National Corporation (JOGMEC)…
Repsol S.A. (Madrid, Spain) announced that it will build two polymer materials plants at its Sines Industrial Complex (Portugal), representing the largest industrial investment in Portugal in the last ten years, at €657 million. The new materials produced are 100%…
Sasol Ltd. (Johannesburg, South Africa) has concluded an agreement to sell its sodium cyanide business to a South African, B-BBEE empowered subsidiary of Draslovka Holding a.s, a Czech-based company specializing in cyanide production, for a consideration of R1.46 billion (around…
Evonik Industries AG (Essen, Germany) has announced that construction work on the new polyamide 12 complex at Marl Chemical Park is virtually complete and it will be taken into operation this year. Evonik has invested around half a billion euros…