Asahi Kasei Corp. (Tokyo) and Honda Motor Co., Ltd. (Honda) announced that the two companies have signed a shareholders' agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture (JV) company. This agreement was reached as…
AM Green has placed India’s largest electrolyzer order with John Cockerill Hydrogen for one of the world’s largest green ammonia projects. AM Green achieved Final Investment Decision (FID) in August 2024 for this first million-ton green ammonia project to be…
Siemens AG (Munich, Germany) has signed an agreement to acquire Altair Engineering Inc. (Troy, Mich.), a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value…
LanzaTech Global, Inc. (Chicago, Ill.) announced plans to develop a commercial-scale Carbon Capture and Utilization (CCU) facility at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028. Eramet Group (Paris,…
Hydrogen has been an important industrial feedstock for decades in petroleum refining, fertilizer, and chemical industries, but traditional production methods for H2 generate significant volumes of carbon dioxide. More recently, demand for clean hydrogen without greenhouse-gas emissions is rising and…
Packaging and recycling specialist ALPLA Group (Hard, Austria; www.alpla.com) is opening a state-of-the-art polyethylene terephthalate (PET) recycling plant in Ballito, South Africa approximately one and a half years after the start of construction. The company has invested 60 million euros…
With a recent round of investment funding, UP Catalyst (Tallinn, Estonia; www.upcatalyst.com) plans to build a pilot plant for a process that converts waste carbon dioxide into a range of solid carbon materials, such as carbon nanotubes, (CNTs), graphite and…
The electrolytes used in nearly all lithium-ion and sodium-ion batteries are carbonate-based, which makes them flammable and prone to degradation mechanisms, including side reactions, which can result in gas evolution and the formation of undesirable chemicals like hydrogen fluoride. A…
An artificial intelligence (AI)-based search tool allowed workers to quickly mine historical data to improve operations and respond to emerging problems At the Bayer Crop Science facility in Muttenz, Switzerland, managers and workers wanted to improve communication during shift handovers…
Acrylic acid, a commodity chemical used widely in superabsorbent polymers, paints, coatings, adhesives and more, is typically produced from fossil-based propylene at relatively high temperatures. As part of an initiative supported by the U.S. Dept. of Defense, funding was recently…