Latest News: Business
RWE announces first renewable hydrogen delivery to Evonik as part of GET H2 Nukleus project
As part of the ongoing commissioning process for two 100-MW electrolysis plants operated by RWE Generation SE (Essen, Germany), initial quantities of renewable hydrogen are being produced in accordance with EU rules. They are transported through a pipeline network spanning…
Japan’s first pilot project for direct-ocean CO2 capture planned
Hitachi, Ltd., Mitsui O.S.K. Lines, Ltd., and Japan Airlines Co., Ltd. (all Tokyo, Japan) have signed a Memorandum of Understanding (MOU) to conduct Japan's first pilot test on Kume Island, Okinawa Prefecture, utilizing Direct-Ocean Co2 Capture (DOC) — a technology…
SABIC completes sale of Engineering Thermoplastics business in the Americas and Europe
The Saudi Basic Industries Corporation (SABIC; Riyadh, Saudi Arabia) completed the divestment of its Engineering Thermoplastics (ETP) business in the Americas and Europe to Mutares SE & Co. for an enterprise value of $450 million. Commenting on the announcement, Dr.…
Envision Energy and Sasol collaborate on green hydrogen study at Sasolburg operations
Envision Energy Ltd. (Shanghai, China) announced a collaboration with Sasol Ltd. (Sandton, South Africa) to advance the design study of a potential green hydrogen system at Sasol's Sasolburg operations in South Africa. The collaboration marks an important step in exploring…
Aternium to build first commercial heavy water and electrolytic hydrogen facility in Delaware
Aternium, Inc. (Wilmington, Delaware) has selected Dover, Delaware, as the location for its first commercial heavy water and electrolytic hydrogen production facility. The company has finalized a definitive agreement of sale for a site at Garrison Oak Technical Park and…
Shell sells Environmental Catalysts and Systems business to Lummus Technology
Shell Catalysts & Technologies (Amsterdam, Netherlands) announced that it has sold a number of intellectual property assets and experienced personnel relating to its Environmental Catalysts and Systems (ECS) business to Lummus Technology (Houston, Texas). For Shell Catalysts & Technologies, the…
Worley wins contract for metal processing hub in Missouri
Worley Ltd. (North Sydney, Australia) has been awarded an engineering services contract by United States Strategic Metals, to support the development of their multi-metallic processing hub in Missouri, United States. This will include the development of a cobalt refinery and…
Capra Biosciences receives additional funding for domestic pharmaceutical API biomanufacturing
Capra Biosciences, Inc. (Manassas, Virginia), a biomanufacturing company leveraging modular, continuous bioreactor technology to enable flexible, cost-competitive domestic production of pharmaceutical ingredients, today announced continued progress under its project agreement with the Administration for Strategic Preparedness and Response (ASPR; Washington, D.C.), part of…
Mana Battery and Saft enter agreement for anode-free sodium-ion batteries
Mana Battery, Inc. (Broomfield, Colo.), a developer of high-energy anode-free sodium-ion battery technology, and Saft Groupe SAS (Levallois-Perret, France), a wholly owned subsidiary of TotalEnergies SE (Courbevoie, France) and a global leader in advanced battery solutions for demanding industrial and…
TotalEnergies acquires Shell’s European onshore renewables portfolio
TotalEnergies SE (Courbevoie, France) has signed an agreement with Shell plc (London, England) to acquire its entire onshore renewables business in Europe, including 500 MW of solar and wind assets in operation or under construction, mainly located in Italy and…