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Latest News: Sustainability

ExxonMobil acquires stake in biofuels company Biojet AS

ExxonMobil Corp. (Irving, Tex.) is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction…

SK Geo Centric and PureCycle to build recycled PP plant in Ulsan

SK Geo Centric (SKGC), a subsidiary of SK Innovation (Seoul, South Korea) and  PureCycle Technologies, Inc. (Orlando, Fla.), an advanced recycling company revolutionizing plastic waste, signed a non-binding head of agreement (HOA) to open Asia’s first recycled polypropylene (PP) plant…

thyssenkrupp to install 200-MW ‘green’ hydrogen facility for Shell in port of Rotterdam

Thyssenkrupp Uhde Chlorine Engineers GmbH, Dortmund, Germany has signed a supply contract with Shell for the large-scale project ‘Hydrogen Holland I’ in the port of Rotterdam, the Netherlands. Under the contract, thyssenkrupp Uhde Chlorine Engineers will engineer, procure and fabricate…

Johnson Matthey launches new production technology for sustainable aviation fuel

Johnson Matthey plc (JM; London) has launched an innovative technology –HyCOgen – designed to play a pivotal role in enabling the conversion of captured carbon dioxide (CO2) and green hydrogen into sustainable aviation fuel (SAF). By combining HyCOgen with the…

Metso Outotec divests Metal Recycling business

Metso Outotec Corp. (Helsinki, Finland) has signed an agreement to divest its Metal Recycling business line to an affiliate of Mimir, an investment company based in Stockholm, Sweden. The closing of the transaction is expected to take place during the…

KBR awarded green-hydrogen study in Trinidad and Tobago

KBR, Inc. (Houston) announced that it has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago as part of an ongoing technical cooperation financed by the Inter-American Development Bank (IDB). Under the terms of…

McPhy to provide 100-MW electrolysis plant for Portugal’s GreenH2Atlantic project

McPhy Energy S.A. (La Motte Fanjas, France) has been selected as preferred supplier to equip the GreenH2Atlantic project in Sines, Portugal with a 100-MW electrolysis plant. Heads of terms have been negotiated and supply agreement expected to be finalized during…

Cummins and Sinopec launch JV to produce ‘green’ hydrogen technologies in China

Cummins Inc. (Indianapolis, Ind.) and China Petrochemical Corp. (Sinopec Group) announced the formation of a 50:50 joint venture (JV) — Cummins Enze (Guangdong) Hydrogen Technology Co., Ltd (Cummins Enze). The JV will accelerate the affordability and availability of green hydrogen…

Metso Outotec to provide solvent extraction technology for Li-Cycle’s battery recycling plant in New York

Metso Outotec Corp. (Helsinki, Finland) has signed an agreement with Li-Cycle North America Hub Inc. for the supply of manganese, cobalt, and nickel solvent extraction technology for a battery recycling plant to be built in Rochester, New York, United States.…

OMV scales up ReOil advanced recycling process for new demonstration plant

OMV AG (Vienna, Austria) has taken the final investment decision to build a chemical recycling demo plant, based on its proprietary ReOil technology. With this, OMV is taking the next step toward an industrial-scale plant planned for 2026. The patented…