Latest News: Business
Aker Solutions and Microsoft partner to advance carbon capture and removal projects globally
Aker Solutions ASA (Fornebu, Norway) has signed an agreement with Microsoft Corp. (Redmond, Washington) to advance the maturity, bankability and delivery of carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects across the globe. Under the agreement, Aker…
KBR wins contract for Kazakhstan’s first SAF fuel plant
KBR, Inc. ( Houston, Tex.) announced it has been awarded a contract by KazMunayGas-Aero LLP (KMG-Aero; Astana, Kazakhstan), a subsidiary of NC KazMunayGas JSC, and KazFoodProducts LLP (KFP) for Kazakhstan's first sustainable aviation fuel (SAF) production plant. Under the terms…
Metso acquires pump technologies assets from Valmet
Metso Corp. (Espoo, Finland) has signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, as well as related aftermarket spare parts and service offering capabilities, from Valmet Oyj (Espoo, Finland), a global technology leader in serving…
Fujifilm completes new post-CMP cleaner production plant at Oita, tripling capacity
Fujifilm Corp. (Tokyo, Japan) has announced the completion of a new production facility for post-CMP cleaners at the Oita Factory of FUJIFILM Electronic Materials Co., Ltd. (FFEM), the core company leading Fujifilm's semiconductor materials business. The facility began operations in…
INEOS Inovyn to acquire ethylene dichloride assets in the U.K.
INEOS Inovyn (London, U.K.) has confirmed an agreement to acquire the remaining 50% shareholding in Runcorn MCP Limited, together with the assets and employees associated with ethylene dichloride (EDC) production at Runcorn, from Vynova Runcorn Limited, following its entry into…
Enapter starts AEM electrolyzer stack production in China
Enapter AG (Hamburg, Germany) is implementing its previously announced realignment toward an asset-light business model, with the start of AEM electrolyzer stack production at new production partner Runqing Hydrogen Technology Co., Ltd. (Shenzhen, China), a member of the Runshihua Group,…
AI-driven coating process demonstrated for all-solid-state battery cathode materials
Hitachi High-Tech Corp. (Tokyo, Japan) and Powrex Corp. (Itami, Japan) have completed a joint demonstration to investigate optimal coating conditions for the surfaces of cathode active materials used in all-solid-state battery manufacturing — a process designed to prevent output degradation…
Mitsui and European Energy expand reach of global e-methanol deliveries
Mitsui & Co., Ltd. (Tokyo, Japan) and renewable energy company European Energy A/S (Søborg, Denmark) are working to expand the customer base and applications for the world's first e-methanol, produced at a plant established by Solar Park Kassø ApS, a…
Asahi Kasei develops lithium carbonate pre-doping technology to boost energy density in silicon-anode batteries
Asahi Kasei Corp. (Tokyo, Japan), a diversified global company, has developed a novel pre-doping technology for high-voltage lithium-ion batteries (LIBs) with silicon-based anodes. This technology enables lithium carbonate to serve as an additional lithium source at lower voltages, reducing the…
Maaden and Aramco form JV for copper and transition-mineral exploration
Saudi Arabian Mining Company (Maaden) (Riyadh, Saudi Arabia) and Saudi Aramco (Dhahran, Saudi Arabia) have announced the signing of a shareholders' agreement to form a joint venture (JV) to unlock new opportunities in mineral exploration and hard-rock mining in the…