MP Materials (Las Vegas, Nev.) has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility. The Section 48C Advanced Energy Project tax credit allocation was issued by the IRS and Treasury…
SLB (Houston) and ChampionX Corp. (The Woodlands, Tex.) announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders…
Next Wave Energy Partners, LP (Houston) a portfolio company of Energy Capital Partners (ECP), announced that its alkylate production facility, known as Project Traveler and located adjacent to the Houston Ship Channel in Pasadena, Texas, has achieved commercial operations. “We…
INEOS Ltd. (London) completed the acquisition of TotalEnergies’ 50% share of Naphtachimie (720,000-ton/yr steam cracker), Appryl (300,000-ton/yr polypropylene business), Gexaro (270,000-ton/yr aromatics business) and 3TC[1] (naphtha storage) announced on July 5th. These businesses have until today been joint ventures between…
Lummus Technology (Houston) announced that SABIC Fujian Petrochemical Co., Ltd.’s grassroots complex in Fujian Province, China, will leverage Lummus’ ethylene and co-monomer technologies. SABIC Fujian Petrochemicals Co., Ltd. is a joint venture between SABIC Industrial Investment Company (wholly owned by…
Resonac Corp. (Tokyo) has decided to increase its capacity to produce materials for high-performance semiconductor chips, which are to be used mainly as CPUs for artificial intelligence (AI), to 3.5 to 5 times of the current level. Resonac will increase…
McDermott International Inc. (Houston) announced mechanical completion of a pioneering industrial-scale biosurfactant plant for Evonik Industries AG (Essen, Germany). Less than two years from contract award, Evonik has achieved initial production of Rhamnolipids, a bacterial surfactant with the potential to…
LG Water Solutions, LG Chem’s business unit specializing in water treatment and the manufacturer of NanoH2O reverse osmosis (RO) membranes, has secured a supply order of seawater RO (SWRO) membrane elements through a local EPC for an expansion of a…
BASF SE (Ludwigshafen, Germany) has broken ground on a methyl glycols (MG) plant at its Verbund site in Zhanjiang, China. The new facility is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing…
Click here to learn more about pH measurement and analysis Create your own user feedback survey