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2019 CEPCI Updates: March (prelim.) and April (final)

The preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) for March 2019 decreased from the previous month’s value for the second consecutive month, although the final value for February was adjusted slightly upward. The decline…

Endress+Hauser invests in sensor technology

Innovative Sensor Technology IST AG (Ebnat-Kappel, Switzerland; www.ist-ag.com), part of the Endress+Hauser Group (Reinach BL, Switzerland; www.endress.com), continues its growth path. On 24 May 2019, the sensor specialist officially opened an expansion of its plant in Ebnat-Kappel in eastern Switzerland.…

BASF invests in Longwater Advanced Materials Fund

BASF Venture Capital GmbH (Ludwigshafen, Germany; www.basf.com) is investing in the Longwater Advanced Materials Fund. This private equity fund is managed by Longwater Investment (Shanghai, China; www.longwatercap.com), a pioneer growth capital investor in advanced materials and chemistry-related technologies. BASF Venture…

ÅF Pöyry awarded pre-engineering assignments for Metsä Fibre investments

  Metsä Fibre, part of Metsä Group, has awarded ÅF Pöyry (Helsinki, Finland; www.poyry.com) with the pre-engineering assignment for new bioproduct mill, Kemi. The target for the ongoing pre-engineering project is to create conditions for building a bioproduct mill with…

Rotterdam The Hague Airport initiates study for the production of renewable jet fuel from air

This Friday May 24, Rotterdam The Hague Airport and a European consortium led by EDL Anlagenbau Gesellschaft GmbH will sign a cooperation agreement for a study, which aims at developing a demonstration plant that produces renewable jet fuel from air.…

Repsol pioneers the industrial use of products from plastic’ chemical recycling

Repsol S.A. (Madrid, Spain; www.repsol.com) has devoted many resources to lead the search for new solutions to boost the Circular Economy and promote that a large amount of plastic waste, which currently goes to landfill, be transformed into new raw…

BASF develops process for climate-friendly methanol production

The production processes of the most important basic chemicals are responsible for around 70% of the greenhouse gas emissions in the chemical industry. BASF SE (Ludwigshafen, Germany; www.basf.com) experts are working intensely on new technologies to substantially reduce emissions in…

Pöyry launches PlasticsToBio concept aiming to solve the global plastics problem

Pöyry Oyj (Helsinki, Finland; www.poyry.com) has developed a PlasticsToBio concept and initiative to address the global plastics problem, providing an affordable and economically viable concept to decouple plastics from fossil based materials and turn all plastics bio-based. The concept looks…

Lower Measurement Point Costs with Automatic pH Sensor Cleaning

Process conditions in chemical production are often challenging for in-line instrumentation. EasyClean™ 200 e is a robust and automated sensor cleaning system that helps keep pH probes operating at their best, and can increase their lifetime by more than 30…

Umicore to acquire cobalt-refinery and cathode-precursor operations in Finland

Umicore N.V. (Brussels, Belgium; www.umicore.com) has reached an agreement to acquire Freeport Cobalt’s cobalt-refining and cathode-precursor activities in Kokkola, Finland, for a total consideration of $150 million on a debt and cash free basis, plus the value of the working…