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Latest News: Business

Evonik and Imubit start pilot for industrial AI applications in Singapore

Evonik (Essen, Germany; www.evonik.com) and Imubit (Houston, Tex.; www.imubit.com) started a pilot collaboration to evaluate advanced industrial artificial intelligence (AI) applications within Evonik’s facility in Singapore. The open-loop pilot will assess model-driven insights to support operating strategy execution in a…

KBR makes strategic investment in direct lithium extraction technology from Geolith

KBR Inc. (Houston) has made a strategic investment in Geolith, a global leader in Direct Lithium Extraction (DLE). This investment will support the global commercial deployment of Geolith’s DLE Li-Capt® technology. In 2024, KBR and GeoLith entered into an exclusive…

DuPont and Uncountable collaborating on AI-powered labs initiative

DuPont (Wilmington, Del.) announced a strategic collaboration with Uncountable, an AI-driven platform for end-to-end product and application development, to advance its AI-ready labs initiative. The collaboration marks a major step forward in how DuPont scales digital lab workflows, expands access…

Westlake’s Deer Park site receives ISCC PLUS certification for epoxy resins production

Westlake Corp. (Houston) announced that its Westlake Epoxy plant in Deer Park, Texas, has received International Sustainability & Carbon Certification (ISCC) PLUS. The certification covers liquid epoxy resins (LER), solid epoxy resins (SER), and liquid epoxy blends that combine LER…

LyondellBasell completes sale of European olefins and polyolefins assets to Aequita

LyondellBasell Industries (Rotterdam, the Netherlands) announced that it has successfully completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA as a key milestone in the company’s European strategic assessment. The…

Economic sentiment for chemical manufacturers improves despite higher costs, ACC says

Overall economic sentiment for U.S. chemical manufacturers rose in Q1 2026, with several indexes reaching their highest levels since the survey’s inception back in Q1 2023, according to the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) latest Chemical Manufacturing Economic…

INEOS Enterprises to sell sulfur dioxide business to Ecovyst

INEOS Enterprises has agreed to sell its shares in INEOS Calabrian, its ultra-pure sulfur dioxide and derivatives business, to Ecovyst Inc. (Malvern, Pa.).  INEOS Calabrian operates manufacturing sites in Port Neches, Texas, USA and Timmins, Ontario, Canada. Completion is expected…

Lummus ethanol-to-jet technology selected for milestone SAF project in India

Lummus Technology (Houston) announced GPS Renewables has selected its ethanol-to-jet (ETJ) technology for National Thermal Power Corporation's (NTPC) Project at Pudimadaka, Andhra Pradesh, India. This is the first commercial license of Lummus' integrated ETJ technology, which offers a proven, reliable…

Thermo Fisher Scientific opens bioprocess design center in Massachusetts

Thermo Fisher Scientific Inc. (Waltham, Mass.) announced the opening of its flagship U.S. Bioprocess Design Center (BDC) at the company’s Plainville, Mass., site, expanding the facility to support customers in developing and scaling biologics. The new center brings together advanced…

Ecolab expands bioprocessing capacity with new facility in Korea

Ecolab Inc. (St. Paul, Minn.) announced that its Life Sciences business is further expanding its global bioprocessing capabilities to support biopharmaceutical manufacturers worldwide. Today, Ecolab Life Sciences announced the opening of a new Bioprocessing Applications Lab (BPAL) in Dongtan, Korea,…