The Solvay Group (Brussels, Belgium) agreed to sell its North American and European amphoteric surfactant business to OpenGate Capital, a private equity firm with headquarters in Los Angeles. The sale includes the three main production sites supporting the amphoteric product…
Gevo, Inc. (Englewood, Colo.) announced that it has engaged Koch Project Solutions, LLC to provide front end engineering, design (FEED) and project execution management services for the expansion projects that Gevo is in the process of financing with Citigroup Global…
Ascend Performance Materials (Houston) has purchased Eurostar Engineering Plastics, a France-based compounder with a broad portfolio of flame-retardant engineered plastics and expertise in halogen-free formulations. “Eurostar’s experience in compounded polyamides fits well within our own portfolio and manufacturing capabilities,” said…
Neste (Espoo, Finland; www.neste.com) announced that it has acquired a minority stake in Alterra Energy, an innovative chemical recycling technology company. Neste’s equity investment supports Alterra Energy’s expansion. The collaboration between the companies will include joint technology development and global…
Yara International ASA (Oslo, Norway) has entered into an agreement with Libya’s National Oil Corporation (NOC) and the Libyan Investment Authority (LIA) on 31 December 2020 to divest its full ownership interest in the Libyan Norwegian Fertiliser Company (LIFECO). Yara’s…
Saipem S.p.A. (San Donato Milanese, Italy), leading an equally shared joint venture with Clough, has reached the EPC agreement with Perdaman Chemical and Fertilizers Pty Ltd for the development of the Burrup Urea Project. It consists of a Urea Fertilizer…
A process developed by Evrnu (Seattle, Wash.; www.evrnu.com) to regenerate cotton fibers from waste fabric and post-consumer garments has been used to produce ton quantities of recycled cotton fiber for testing. An economically viable process for recycling cotton would have…
A new membrane technology for separating carbon dioxide from exhaust gas will be scaled up for real-world testing under a project to evaluate low-cost CO2 capture at a coal-fired power plant. Design and testing of an engineering-scale CO2-capture system will…
Late last November, the energy-transition start-up company Lumenion GmbH (Berlin, Germany; www.lumenion.com) received the 2020 Berlin Brandenburg Innovation Prize for its high-temperature, steel-based energy-storage technology. The system stores peaks of wind and solar energy by heating a steel core to…
New and improved catalysts and other process innovations are helping the chemical process industries (CPI) to control emissions As long as fossil fuels are used for combustion processes — not only in power plants, but also furnaces in the glass…