Latest News: Business
Axens to provide process design package for U.S. tire pyrolysis oil project
Axens S.A. (Rueil-Malmaison, France)], a global leader in process technologies for refining, petrochemicals, and circular economy applications, has been selected by a U.S.-based investor and project developer to provide a Process Design Package for a hydroprocessing unit designed to process…
Arkema expands battery Center of Excellence in France with €10 million investment
Arkema S.A. (Colombes, France) is continuing to invest in the battery value chain and recently announced a €10 million expansion project for its Global Battery Center of Excellence located in Oullins-Pierre-Bénite, in the Auvergne-Rhône-Alpes region of France. This investment reflects…
Elkem invests in furnace upgrade project at Rana plant in northern Norway
Elkem ASA (Oslo, Norway) has approved an investment of NOK 260 million to renew a furnace at Elkem Rana in Northern Norway, securing the plant's long-term production of ferrosilicon and Microsilica. The project includes replacement of one of Elkem Rana's two…
Thyssenkrupp nucera wins new chlor-alkali order in Northwest China
thyssenkrupp nucera AG & Co. KGaA (Dortmund, Germany) has secured another chlor-alkali technology order in the low double-digit million-euro range in China, further strengthening its market position and expanding its installed base in Northwest China, a key hub for large-scale…
Tronox and JX Advanced Metals agree to advance rare earth and critical minerals development
Tronox Holdings plc (Stamford, Connecticut), an integrated manufacturer of titanium dioxide (TiO2) pigment, has announced the signing of a cooperation and investment agreement with JX Advanced Metals Corp. (JAXM; Tokyo, Japan) to advance the development of its rare earth and…
Plug Power signs electrolyzer supply agreement for Arcadia eFuels’ flagship plant in Denmark
Plug Power Inc. (Latham, N.Y.) announced it has signed a 280-megawatt (MW) GenEco electrolyzer supply agreement with Arcadia eFuels (Austin, Texas) for Project ENDOR in Denmark, together with a strategic cooperation agreement covering Arcadia's future projects. The agreement follows three…
KBR technology selected by SABIC AN for world-scale ammonia plant
[KBR, Inc.](Houston, Texas) announced that SABIC Agri-Nutrients Co.(Riyadh, Saudi Arabia; SABIC AN) has selected its Purifier® technology for a new grassroots ammonia plant in Jubail, Kingdom of Saudi Arabia. Under the terms of the contract, KBR will provide technology licensing, basic…
Toray Industries develops first solvent-based recycling technology for recovering PPS from waste
Toray Industries, Inc. (Tokyo, Japan; www.toray.com) announced that it has developed what it believes is the industry’s first solvent-based recycling technology to recover polyphenylene sulfide (PPS) from waste materials. The technology selectively dissolves and separates PPS from the materials while…
Air Liquide invests 170 million euros to supply ultra-high-purity gases to semiconductor manufacturer in Japan
Air Liquide (Paris, France; www.airliquide.com) today announced a new investment of more than 170 million euros to supply ultra-high purity gases to a leading semiconductor manufacturer in Japan. Under a long-term agreement, the Group will support the expansion of its…
Westlake to close PVC plant in Cologne, Germany
Westlake Corp. (Houston, Texas; www.westlake.com) announced today that, in light of challenging market conditions, the Company is taking action to improve profitability by closing its polyvinyl chloride (PVC) plant in Cologne, Germany. Chemical production in Europe continues to face difficult conditions, including…