Latest News: Business
NovaAir inaugurates liquid air separation unit in Greater Kuala Lumpur
NovaAir Industrial Gases Sdn. Bhd. (Kuala Lumpur, Malaysia), the Malaysian subsidiary of Yingde Gases Group Co. Ltd. (Shanghai), has inaugurated its 300-ton-per-day Kuala Lumpur (KUL) liquid air separation unit (ASU) at UMW High-Value Manufacturing Park in Greater Kuala Lumpur, strengthening…
BASF to expand Taiwan semiconductor materials site
BASF SE (Ludwigshafen, Germany) signed a Letter of Intent with Taiwan’s Ministry of Economic Affairs (MOEA), underscoring its long-term commitment to supporting the growth of Taiwan’s semiconductor ecosystem. Through this investment, BASF’s Electronic Materials business is expanding its Kuanyin site…
NewHydrogen completes construction, commissioning of clean hydrogen demonstration unit
NewHydrogen, Inc. (Santa Clarita, Calif.), the developer of the ThermoLoop® production technology for industrial-scale clean hydrogen, announced that it has completed construction and commissioning of its engineering test unit (ETU) and is now capable of demonstrating long-duration stability of its…
Danantara, INA and Chandra Asri complete investment in Indonesian chlor-alkali, EDC project
PT Danantara Investment Management (Persero) (DIM; Jakarta, Indonesia), Indonesia Investment Authority (INA; Jakarta, Indonesia), and PT Chandra Asri Pacific Tbk (Chandra Asri Group; Jakarta, Indonesia) have completed a strategic investment transaction for the Chlor-Alkali and Ethylene Dichloride (CA-EDC) project. The…
SUEZ to deliver quaternary treatment stage at Kalundborg wastewater plant in Denmark
SUEZ S.A. (Paris, France) has been selected by Kalundborg Forsyning A/S (Kalundborg, Denmark) to design and deliver a new quaternary treatment stage at the Kalundborg Central Wastewater Treatment Plant in Denmark. The installation will reduce micropollutants in treated wastewater discharged…
Kawasaki Heavy Industries begins construction of hydrogen liquefaction plant
Kawasaki Heavy Industries, Ltd. (Tokyo) announced that it has started construction of a hydrogen liquefaction plant (hereinafter "the Plant") at the Kawasaki LH2 Terminal (Ogishima, Kawasaki-ku, Kawasaki City, Kanagawa, Japan). With a liquefaction capacity of 50 tons per day, the…
Sumitomo Bakelite to expand encapsulation materials capacity in China, Singapore
Sumitomo Bakelite Co., Ltd. (Shinagawa-ku, Tokyo, Japan) will expand production capacity for encapsulation materials used in advanced semiconductor packages at its sites in Suzhou, China, and Singapore. New production lines will be installed at both sites for SUMIKON™ EME molded…
BASF and Highsun to explore polyamide 6 joint venture in Europe
BASF SE (Ludwigshafen, Germany) and Highsun Holding Group Ltd. (HSCC; Fuzhou, China) have signed a non-binding Memorandum of Understanding to explore the combination of their respective European activities across the polyamide 6 (PA6) value chain in a 50:50 joint venture.…
Honeywell to supply process technologies for Hengyi Industries’ Brunei petrochemical project
Honeywell Technologies (Charlotte, N.C.) announced the company will provide process technologies, licensing, engineering, proprietary equipment, catalysts and technical support services to help Hengyi Industries Sdn. Bhd. (Pulau Muara Besar, Brunei) improve efficiency and reliability with higher-value petrochemicals production. Honeywell Technologies…
AkzoNobel, Axalta to name combined company Axanzo after merger
Akzo Nobel N.V. (Amsterdam, the Netherlands) and Axalta Coating Systems Ltd. (Philadelphia, Pa.) announced Oct. 15 that Axanzo will be the name of the combined company following completion of their intended merger. The planned merger, announced in November 2025, will…