Latest News: Business
Hyundai E&C joins R&D project to develop 100-MW water electrolysis plants
Hyundai Engineering & Construction Co., Ltd. (Seoul, South Korea) is moving to enhance its competitiveness by securing core technologies for next-generation water electrolysis plants. The Korean builder announced on Friday the 18th that it will participate in a government-funded R&D…
INA’s Rijeka Refinery achieves successful start-up of delayed coker unit
INA-Industrija nafte, d.d. (Zagreb, Croatia) has reached another major milestone at the Rijeka Refinery Upgrade Project. Following the successful achievement of mechanical completion and commissioning, the new Delayed Coker Unit (DCU) has successfully achieved start-up. Following the transfer of operational…
Sulzer’s purification technology starts up at BeyondPoly POE plant in China
Sulzer Ltd. (Winterthur, Switzerland) has delivered its DEVO™ devolatilization technology to BeyondPoly's Version 2.0, 100,000-ton-per-year polyolefin elastomer (POE) plant in China. POE is an increasingly important material used in solar panels, electric vehicles, energy storage systems, and other advanced manufacturing…
Emirates Biotech and UAE University launch integrated organic-waste valorization pilot plant
Emirates Biotech (Dubai, United Arab Emirates) and United Arab Emirates University (UAEU; Al Ain, United Arab Emirates) have launched a joint research project to design, build, and operate the UAE's first integrated organic-waste valorization pilot plant. Mixed food waste streams…
Jacobs extends contract to manage thyssenkrupp Steel’s hydrogen-based direct reduction plant
Jacobs Solutions Inc. (Dallas, Tex.) was selected to extend its role on thyssenkrupp Steel Europe AG's (Duisburg, Germany) direct reduction plant in Duisburg, continuing to provide project management office (PMO), construction management and assembly management services as the hydrogen-capable facility…
Hexcel expands production capacity at Salt Lake City facility
Hexcel Corp. (Stamford, Connecticut) announced the addition of U.S. manufacturing capability for its HexPly® M901 (a high-performance epoxy matrix) prepreg system at the company's Salt Lake City facility. The expansion responds to manufacturers' need for composite materials that can support…
Century Lithium plans commercial-scale chlor-alkali plant to support western U.S. critical minerals supply chain
Century Lithium Corp. (Vancouver, B.C., Canada) has announced its plans to develop a commercial-scale chlor-alkali plant (CA Plant). The CA Plant is intended to support the critical and strategic minerals supply chain in the Western United States and the Company's…
Indorama secures loan facility to double urea fertilizer capacity in China
Anyang Indorama Gases Co., Ltd., a wholly owned subsidiary of Indorama Corp. (Bangkok, Thailand), has signed an RMB 2.4 billion (around US$358 million) long-term loan facility with a consortium of five leading banks in China to finance its Phase II fertilizer…
Demeter Energy advances biomethanol and carbon capture facility in Florida
Demeter Energy (Naples, Fla.) announced continued advancement of development activities for a commercial-scale biomethanol production and carbon capture facility in Manatee County, Florida. The project is designed to convert sustainably sourced biomass into approximately 100,000 metric tons of low-carbon biomethanol…
Toray to sell stake in Indonesia-based polyethylene terephthalate manufacturer
Toray Industries, Inc. (Tokyo) announced that it has decided to transfer all of its shares in Indonesia-based PT. PETNESIA RESINDO (PNR), which manufactures and sells polyethylene terephthalate, to PT. Pioneer Polyindo Complex of Indonesia, and has entered into a share…