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Latest News: Business

Novonesis to acquire MicroBioGen, bolstering bioethanol production capabilities

Novonesis A/S (Lyngby, Denmark) has signed an agreement with the intent to acquire MicroBioGen Pty Ltd (Sydney, Australia), an Australian biotechnology company with leading scientific expertise in yeast strains for industrial applications, particularly in bioethanol. The acquisition builds on Novonesis'…

Lanxess to use hydrogen as fuel at iron oxide production facility

Lanxess AG (Cologne, Germany) announced that it will use hydrogen instead of natural gas to dry iron oxide pigments at its site in Krefeld-Uerdingen, Germany. This will make the spray dryer one of the first large-scale industrial plants in Germany…

CSB issues final report on 2025 coke-oven gas explosion in Pennsylvania

Today, the U.S. Chemical Safety and Hazard Investigation Board (CSB; Washington, D.C.; www.csb.gov) released its final report on the fatal August 11, 2025, explosion at the U.S. Steel Clairton Coke Works facility in Clairton, Pennsylvania. The incident occurred when toxic…

Jenike & Johanson celebrates 60th anniversary

Jenike & Johanson (Tyngsboro, Mass.; www.jenike.com) is celebrating its 60th anniversary, marking six decades of engineering innovation, scientific leadership, and problem-solving in bulk solids handling. Since its founding in 1966 by Dr. Andrew Jenike, the company has helped transform bulk…

Smoltek Hydrogen and Heraeus Precious Metals advance ultra-low iridium electrolysis technology

Smoltek Nanotech Holding AB (Gothenburg, Sweden) announced that its subsidiary Smoltek Hydrogen and Heraeus Precious Metals GmbH & Co. KG (Hanau, Germany) are advancing their strategic collaboration to develop next-generation, ultra-low iridium Porous Transport Electrodes (PTEs) for Proton Exchange Membrane (PEM)…

Sontrach and Bosch sign MoU for green hydrogen production

Sonatrach (Algiers, Algeria) and Robert Bosch GmbH (Gerlingen, Germany), signed a Memorandum of Understanding aiming at identifying opportunities for developing a cooperation in the green hydrogen sector. The signing ceremony was held on the sidelines of the official visit of…

Saint-Gobain and AGC to deploy world’s first large-scale hybrid electric furnace for flat glass production in Spain

Saint-Gobain S.A. (Courbevoie, France) and AGC Inc. (Tokyo, Japan) announced that they are collaborating to deploy a large-scale hybrid highly electrified furnace for flat glass production, designed to significantly reduce direct CO₂ emissions. The new furnace will be installed at…

Sinopec commissions world’s largest single-site PVA production facility

China Petroleum & Chemical Corporation (Sinopec) has commissioned a specialty polyvinyl alcohol (PVA) resin facility with an annual production capacity of 50,000 metric tons per year (m.t./yr) at its subsidiary, Chongqing SVW Chemical Co., Ltd. The facility achieved stable operation…

Zeon completes bio-based butadiene demonstration facility at Tokuyama Plant

Zeon Corp. (Tokyo, Japan) has completed construction of a bench-scale facility at its Tokuyama Plant (Shunan City, Yamaguchi Prefecture) to demonstrate technology for highly efficient production of butadiene from ethanol derived from plant-based and other sustainable materials. Construction of the…

ENEOS Holdings to acquire TPC Group

TPC Group (Houston, Texas) announced that it has entered into a definitive agreement to be acquired by ENEOS Holdings, Inc. (Tokyo, Japan). In connection with the acquisition, ENEOS will acquire TPC Group's petrochemical operations in Houston, Texas, along with terminal…