Latest News: Business
Eni opens supercomputing infrastructure to support digital innovation
Eni S.p.A. (Milan, Italy; www.eni.com) announced today that it is opening up its supercomputing infrastructure to companies, start-ups and research centres, making its computational capacity, specialist expertise and advanced tools available to support the development of artificial intelligence solutions and…
Power Metals and APL Engineered Materials announce effort toward cesium supply chain
Power Metals Corp (Vancouver, B.C.; www.powermetalscorp.com) yesterday announced the signing of a non-binding Memorandum of Understanding (MOU) with APL Engineered Materials Inc. (Urbana, Ill.; www.aplmaterials.com), a privately owned company with decades of experience in cesium processing and chemical production. Amid…
Dow reports Q2 2026 results; sales up 20% year-over-year
Dow (Midland, Mich.; www.dow.com) reported its second quarter 2026 financial results, with net sales of $12.1 billion, which is up 20% year-over-year. This reflects increases in all operating segments and regions. Other financial highlights reported include the following: • Local…
Indorama Ventures launches zero-waste-to-landfill initiative at PETValue Philippines recycling site
Indorama Ventures Public Co. Ltd. (Bangkok, Thailand) is advancing the circular economy through a new Zero Waste to Landfill initiative at its recycling site PETValue Philippines, further demonstrating how collaboration across industries can maximize resource efficiency and reduce waste. Through…
Air Liquide to invest $150 million in industrial gas facility in Idaho for semiconductor manufacturing
Air Liquide S.A. (Paris, France) announced today an investment of over $150 million to build, own and operate a new industrial gas production facility in Idaho to support the site expansion of a global leader in semiconductor memory chips. Building…
JordProxa named technology and equipment partner for Lilac Solutions’ Great Salt Lake lithium carbonate facility
JordProxa (St. Leonards, New South Wales, Australia) has been announced as the technology and equipment partner for Lilac Solutions (Oakland, California), a leading provider of direct lithium extraction (DLE) technology, for the lithium downstream conversion process at its Phase 1 commercial lithium carbonate…
Johnson Matthey completes acquisition of SCR catalyst maker Cormetech
Johnson Matthey Plc (JM; London) has announced the completion of its acquisition of CORMETECH Inc. (Durham, N.C.), following the satisfaction of customary closing conditions including all regulatory approvals. The acquisition marks an important milestone in JM's wider strategy to create…
Toyo wins contract to build TMAH production plant in South Korea
Toyo Engineering Korea Ltd., a subsidiary of Toyo Engineering Corp. (Chiba, Japan), has been awarded a contract by HANTOK CHEMICALS CO., LTD. (HANTOK) for the construction of a Tetramethylammonium Hydroxide (TMAH) production plant in South Korea. HANTOK is a 50:50 joint…
Rio Tinto signs bio-pellet offtake agreement for Gladstone alumina refineries
Rio Tinto (London, U.K.) has signed a five-year offtake agreement with Australian bioenergy company SuperChar Ltd. (SCL; Sydney, Australia) for the supply of locally produced bio-pellets for use at its alumina refineries in Gladstone, with deliveries targeted to commence in 2028. The agreement…
SABIC and Rongsheng Petrochemical agreement to develop Jintang New Materials project
Saudi Basic Industries Corp. (SABIC; Riyadh, Saudi Arabia) announced the signing of a Project Development Agreement (PDA) with Rongsheng Petrochemical Co., Ltd. (Hangzhou, China) and its wholly owned subsidiary Rongsheng New Materials (Zhoushan) Co., Ltd. to jointly advance the development of the Jintang…