Latest News: Business
KBR selected as commercialization partner for Samsara Eco’s first-of-its-kind enzymatic recycling plant
KBR, Inc. (Houston) announced that it will support biotech innovator, Samsara Eco (Sydney, Australia), to design its first-of-a-kind plastics and textile enzymatic recycling plant, due for completion in early 2028. Samsara Eco’s enzymatic recycling technology aims to create a continuous…
Arkema, AkzoNobel and Omya design lower-carbon footprint paints
Arkema S.A. (Colombes, France), AkzoNobel N.V. (Amsterdam, the Netherlands) and Omya have collaborated to develop a range of low-carbon options for more sustainable decorative paints with a 30% or more reduced carbon footprint (1) for mass market adoption while maintaining…
Dow finalizes sale of soil fumigation product line
Dow (Midland, Mich.) announced the completion of the sale of Telone, a soil fumigation product to TriCal Soil Solutions, Inc., a leading distributor and applicator of soil fumigation products. This transaction is consistent with Dow's best-owner mindset strategy of focusing…
Roquette completes acquisition of IFF Pharma Solutions
Roquette (Lestrem, France) announced the successful completion of its acquisition of IFF Pharma Solutions from International Flavors & Fragrances Inc. (IFF; New York City). This strategic milestone marks a significant step forward in its ambition to become a leader in…
Linde to expand supply of industrial gases to Samsung in South Korea
Linde plc (Guildford, U.K.) announced that it will increase its supply of ultra-high-purity atmospheric, process and specialty gases to Samsung’s world-scale semiconductor manufacturing complex in Pyeongtaek, South Korea. In 2024, Linde also announced its intent to expand gas supply to…
Vioneo selects Wood to design world’s first industrial scale methanol-to-plastics facility
Vioneo (Antwerp, Belgium) has awarded Wood plc (Aberdeen, Scotland) a multi-million dollar contract to deliver the front-end engineering design (FEED) for its revolutionary plant which will produce fossil-free plastics using green methanol. Based in Antwerp, Belgium, the renewably powered and…
World’s first floating ammonia-to-hydrogen cracker developed by Wärtsilä and Höegh Evi
Wärtsilä Gas Solutions, part of technology group Wärtsilä, and Höegh Evi, a global leader in marine energy infrastructure, have successfully completed development of the world’s first floating ammonia-to-hydrogen cracker. This breakthrough technology enables floating import terminals to produce hydrogen at…
SUEZ commissions one of China’s largest desalination plants
SUEZ (Paris, France) has commissioned China’s largest industrial membrane-based seawater desalination plant for Wanhua Chemical’s Penglai Industrial Park to support industrial needs while conserving scarce water resources A landmark seawater desalination plant, designed and built by SUEZ for Wanhua Chemical…
LG Energy Solution and Derichebourg to establish battery-recycling joint venture
LG Energy Solution (Seoul, South Korea) has announced plans to establish a joint venture (JV) with Derichebourg, the French leader in metal waste recycling, to build a state-of-the-art battery recycling plant. Construction will begin in 2026 in Bruyères-sur-Oise, located in…
DuPont to launch its spinoff electronics business under the name Qnity Electronics
DuPont (Wilmington, Del.) announced Qnity Electronics, Inc. as the name of the planned independent Electronics public company that will be created through the intended spin-off of its Electronics business*. As a pure-play electronics materials company, Qnity will be one of…