Toray Advanced Composites announced the expansion of its continuous fiber-reinforced thermoplastic composite materials portfolio through the acquisition of Gordon Plastics’ assets, technology, and intellectual property, located in Englewood, Colorado. This investment by Toray Advanced Composites brings expanded development, testing and…
Solvay S.A. (Brussels, Belgium) has entered into an agreement to license its leading-edge hydrogen peroxide technology to North Huajin Refining and Petrochemical Company (North Huajin) for the manufacturing of 300,000 metric tons of propylene oxide per year in its Panjin…
BASF SE (Ludwigshafen, Germany) recently opened its new production line for water-based dispersions in Heerenveen, the Netherlands. Thanks to this new line, production capacity will be increased, without additional CO2 emissions. The expansion has taken place on the basis…
Schneider Electric SE (Paris) and Saint-Gobain S.A. (Courbevoie, France) have joined forces to deploy the first-of-its kind software-defined automation system for glass production. Unveiled at Glasstec 2024, the world's leading trade fair for the glass industry, the project addresses the…
Veolia (Paris) and the Kingdom of Morocco signed a MOA for the establishment of a strategic partnership to develop on an exclusive basis a seawater desalination project that will be the largest in Africa and the second largest in the…
Asahi Kasei Corp. (Tokyo) and Honda Motor Co., Ltd. (Honda) announced that the two companies have signed a shareholders' agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture (JV) company. This agreement was reached as…
Siemens AG (Munich, Germany) has signed an agreement to acquire Altair Engineering Inc. (Troy, Mich.), a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value…
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Significant sustainability benefits can be gained through optimization in steam-cracking furnaces. The study detailed here shows the specific decarbonization strategies that can help improve energy efficiency and reduce emissions The chemical process industries (CPI) rely heavily on steam cracking to…
An artificial intelligence (AI)-based search tool allowed workers to quickly mine historical data to improve operations and respond to emerging problems At the Bayer Crop Science facility in Muttenz, Switzerland, managers and workers wanted to improve communication during shift handovers…