Latest News: Business
Wison Engineering and Axens collaborating on e-SAF project development
Wison Engineering Ltd. (Shanghai, China) and Axens (Rueil-Malmaison, France) signed a Memorandum of Understanding (MOU) to explore collaboration opportunities on selected e-SAF projects (sustainable aviation fuel, based on Fischer-Tropsch pathway). Through this framework, the two companies will jointly assess practical…
Nano One advances Canada DevCo LFP cathode project
Nano One® Materials Corp. (Burnaby, British Columbia, Canada), a process technology company specializing in lithium-ion battery cathode active materials, is advancing its first Development Company ("Canada DevCo" or the "Project") as part of its strategy to deploy lithium iron phosphate…
Fertiglobe, Covestro and MB Energy sign MoU to explore ammonia supply chain
Fertiglobe Plc(Abu Dhabi, United Arab Emirates), Covestro AG(Leverkusen, Germany) and MB Energy Holding GmbH & Co. KG(Hamburg, Germany) have signed a Memorandum of Understanding (MoU) to explore collaboration across the ammonia value chain in Germany and Europe. The MoU was…
Evonik breaks ground on €80-million biotechnology expansion in Slovakia
Evonik Industries AG (Essen, Germany) has broken ground on a new biotechnology expansion project at its Fermas site in Slovenská Ľupča, Slovakia. This marks the next major milestone in the approximately EUR 80 million investment to expand Evonik's biotechnology capabilities…
Renolit invests €56 million in automated mixing plant at Worms headquarters
At the headquarters of RENOLIT SE (Worms, Germany), construction work on a new plant for mixing formulations as part of raw materials processing — known as the "mixing plant" — is progressing. Earthworks for the project began in February this…
Worley completes renewable hydrogen study for ARENA
Worley Ltd. (North Sydney, Australia) has completed a strategic advisory study for the Australian Renewable Energy Agency (ARENA; Canberra, Australia), providing executive-ready insight to inform strategic planning and decision-making on renewable hydrogen development. Commissioned by ARENA, the study examines the…
Moeve invests €100 million in environmental initiatives at San Roque facilities
Moeve S.A. (Madrid, Spain) announced that its San Roque Energy Park and Puente Mayorga Chemical Plant, both located in San Roque, invested a total of €100.7 million in environmental initiatives in 2025. Key projects focused on improving water management and…
Samsung E&A wins EPC contract for SABIC Agri-Nutrients’ complex in Saudi Arabia
Samsung E&A Co., Ltd. (Seoul, South Korea) signed an Engineering, Procurement and Construction (EPC) contract with Saudi Arabia's SABIC Agri-Nutrients Co. (Jubail, Saudi Arabia) for the SAN-7 Project. The contract is worth KRW 4.7 trillion (about USD 3.5 billion), and…
Bayer and Neste finalize agreement to scale low-carbon biofuels feedstock
Bayer AG (Leverkusen, Germany) and Neste Oyj (Espoo, Finland), the world's leading producer of renewable diesel and sustainable aviation fuel, have finalized a commercial agreement to jointly scale Bayer's newgold® winter canola. The collaboration will enable Bayer to significantly expand…
S-Oil reaches final investment decision for Axens’ liquid phase xylene isomerization technology
Following the license agreement signed between S-OIL Corp. (Seoul, South Korea) and Axens S.A. (Rueil-Malmaison, France) in late 2024 for Axens' Liquid Phase Xylene Isomerization (LPI) technology, the project has now reached Final Investment Decision. The unit, which is to…