Latest News: Business
Antimony trisulfide plant commissioned at Idaho National Laboratory
Idaho National Laboratory (INL; Idaho Falls, Idaho) has announced the commissioning of a new modular mineral processing plant, which will be instrumental in helping the U.S. to secure a domestic supply of the critical mineral antimony trisulfide . The plant…
Hexpol acquires Italian themoplastics manufacturer Vipa Group
HEXPOL AB (Malmö, Sweden) announced that it has acquired 100% of the Italian company Vipa Group (Ancarano, Italy). The company is one of Europe's leading developers and manufacturers of high-quality thermoplastic compounds with focus on the fast-growing Wire & Cable…
AGC transfers shares of polymer material business to Saint-Gobain
AGC Inc. (Tokyo, Japan) has entered into a share transfer agreement with Saint-Gobain K.K. (Tokyo, Japan), the Japanese subsidiary of Compagnie de Saint-Gobain S.A. (Courbevoie, France). Under the agreement, AGC will transfer all of its shares in AGC Polymer Material…
ADM to expand oilseed crush capacity to meet North American renewable fuels demand
Archer-Daniels-Midland Co. (ADM; Chicago, Illinois), a global leader in innovative solutions from nature, announced a series of investments designed to expand North American oilseed crush capacity and strengthen the company's ability to meet growing demand for renewable fuels and other…
Lallemand and Braskem launch bio-acetone coproduction platform for corn-ethanol industry
Lallemand Biofuels & Distilled Spirits (LBDS; Montreal, Queb., Canada), a global leader in yeast, enzymes, microbials and nutrition, and Braskem (Philadelphia, Pennsylvania), the largest polyolefins producer in the Americas and global leader in the production of biopolymers on an industrial…
Bp completes sale of Gelsenkirchen refinery to Klesch Group
bp plc (London, England) has completed the sale of its Gelsenkirchen refinery and related businesses to Klesch Group (London, England). The transaction supports bp's continued focus on disciplined capital allocation and is also expected to lower underlying operating expenditure by…
Linde awarded contract to supply industrial gases to semiconductor-manufacturing complex in Arizona
Linde (Woking, U.K.; www.linde.com) today announced that it has been awarded a new long-term agreement to supply ultra-high-purity industrial gases to one of the world’s largest semiconductor manufacturers. The agreement will support the expansion of the customer’s semiconductor manufacturing…
INEOS takes delivery of module delayed by war in Iran
INEOS (London, U.K.; www.ineos.com) has taken delivery of the first of the last two modules, at the Port of Antwerp, to complete the Project ONE (project-one.ineos.com) cracker. The modules were built in Abu Dhabi, but their transport to Antwerp was…
Construction begins on expansion of heavy-rare-earth-oxides production project in Utah
Energy Fuels Inc. (Lakewood, Colo.; www.energyfuels.com), a leading U.S.-based critical materials company, today announced that construction has begun on an expansion of its White Mesa Mill in Utah, to enable the large-scale production of heavy rare earth oxides, which are…
Fuhua starts Evonik-licensed hydrogen peroxide megaplant in Leshan, China
Production has begun at the new hydrogen peroxide megaplant operated by Fuhua (Leshan City, China; ccdp-ac.com) and licensed by Evonik (Essen, Germany; www.evonik.com) in Leshan, Sichuan Province, China. With an annual capacity of 200 kilotons, the facility is one of…