Samsung E&A (Seoul, South Korea) announced that it held a groundbreaking ceremony for its Wabash Low-Carbon Ammonia Project on the 5th January. Held at the Hay Adams Hotel in Washington, D.C., the ceremony was attended by approximately 70 project and…
Syensqo S.A. (Brussels, Belgium) announced that it has completed the previously announced divestment of its Oil & Gas business unit to SNF Group (Andrézieux-Bouthéon, France) for an Enterprise Value of €135 million. Syensqo’s Oil & Gas Business Unit, a global…
Metso Corp. (Espoo, Finland) has successfully completed the divestment of its Ferrous business to SMS group, a global company providing technology and services in plant construction and mechanical engineering for the metals industry. The businesses divested include, for example, the travelling grate…
Phillips 66 Ltd. (Houston) has agreed to acquire Lindsey Oil Refinery assets and associated infrastructure pending completion subject to satisfaction of closing conditions, including customary regulatory clearances. The announcement follows a bidding process handled by FTI Consulting, who began serving…
Technip Energies (Paris) announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc. (Malvern, Pa.) , a global leader in specialty catalysts and advanced materials. This strategic transaction expands Technip Energies’ portfolio by…
As industries navigate a rapidly changing technological landscape, the need for efficient, sustainable and forward-thinking process solutions has never been greater. From optimizing production lines to reducing emissions and maximizing energy efficiency, the challenges facing manufacturing and processing sectors today…
As connected devices and systems have become more advanced, engineers in turn have become savvier about the realities of a digitally connected enterprise, especially with regard to securing their operational technology (OT) systems. Even with globally increasing cybersecurity awareness, however,…
Combining microscopy and machine-learning techniques leads to faster, more precise analyses of critical coating materials When the SR-71 Blackbird aircraft was designed to soar at three times the speed of sound, engineers faced an extreme challenge: managing the heat generated…
A novel crystallizer has shown promise in lowering costs for direct-air capture (DAC) of CO2 emissions. In recent work published in Nature Chemical Engineering, a research team from the University of Toronto; www.utoronto.ca), led by mechanical and industrial engineering professor…
Black mass is the powdered material resulting from shredding end-of-life lithium-ion vehicle batteries. For effective recycling, lithium must be efficiently separated from this material, but conventional methods, such as smelting at high temperatures or dissolving in strong acids, require large…