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Latest News: Business

Trelleborg acquires silicon rubber manufacturer Sico

Trelleborg Group AB (Trelleborg, Sweden) has, through its business area Trelleborg Industrial Solutions, signed an agreement and finalized the acquisition of Sico Gesellschaft für Siliconverarbeitung mbH and Czech joint venture company Sico Silicone s.r.o. Trelleborg has been a 50/50 joint…

CPChem to sell interest in Singapore polyethylene manufacturing joint venture

Chevron Phillips Chemical Co. LLC (CPChem; The Woodlands, Tex.) announced that the shareholders of Chevron Phillips Singapore Chemicals have agreed to sell 100% of their shares to Aster Chemicals and Energy through its affiliate Chandra Asri Group (Jakarta, Indonesia). Aster…

Koppö Energia selects thyssenkrupp Uhde’s green methanol technology

Thyssenkrupp Uhde GmbH (Dortmund, Germany) announced that Koppö Energia Oy has chosen uhde's green methanol technology and ordered a FEED (Front End Engineering Design) from thyssenkrupp Uhde. The planned e-methanol plant is part of a power-to-x (P2X) project developed by…

Rio Tinto extracts first gallium from its alumina refining process with partner Indium Corporation

Rio Tinto plc (London) and its new partner Indium Corporation have successfully extracted the first primary gallium as part of a research and development project, which ultimately aims to produce commercial quantities of the critical and strategic mineral present in…

AkzoNobel to use BASF’s biomass-balanced ingredients for lower-carbon paint production

AkzoNobel N.V. (Amsterdam, the Netherlands) is purchasing significantly reduced carbon footprint raw materials from BASF SE (Ludwigshafen, Germany) for its decorative paints production in EMEA (Europe, Middle East and Africa), demonstrating the shared commitment of both companies to drive down…

BASF partners with Plug Power on hydrogen purification technology

BASF SE (Ludwigshafen, Germany) announced the signing of a Cooperation Agreement with Plug Power Inc. (Latham, N.Y.), positioning BASF’s advanced DeOxo catalysts as an offer within Plug Power’s hydrogen liquefaction plants globally to enhance their market offerings, improving reliability and…

Elcogen and Casale to collaborate on green ammonia and other Power-to-X projects

Elcogen AS (Talinn, Estonia) announced that it has entered into a Memorandum of Understanding (MoU) with Casale S.A. (Lugano, Switzerland). This is a non-exclusive Memorandum that will enable the parties to collaborate on green ammonia and other Power-to-X (P2X) projects.…

MSSA doubles production capacity for sodium methylate in La Rochelle, France

MSSA (Saint Marcel, France), a global leader in the sodium and lithium metal market and a subsidiary of the International Chemical Investors Group (ICIG), announced the expansion of its sodium methylate production unit at its La Rochelle site. The strategic…

BASF’s carbon capture gas-treatment technology selected at Taiwan power plant

BASF SE (Ludwigshafen, Germany) has signed a license agreement with Carbon Cap Applications Technology Co. (CCAT) to provide its OASE blue gas treatment technology for a carbon capture and storage (CCS) project at the Taichung Power Plant Carbon Reduction Technology…

Johnson Matthey partners with SunGas Renewables on new US biomethanol plant

SunGas Renewables (Houston) has selected Johnson Matthey plc (JM; London) as a technology partner for its flagship project – Beaver Lake Renewable Energy – a biomethanol plant planned in Rapides Parish, Louisiana. The plant will be an investment of more…