Today, BASF SE (Ludwigshafen, Germany; www.basf.com) announced that the company will not further evaluate a potential investment in a nickel-cobalt refining complex in Weda Bay, Indonesia. In 2020, BASF and Eramet, a global mining and metallurgical group, signed an agreement…
MAIRE S.p.A. (Milan, Italy; www.groupmaire.com) announced Monday that NEXTCHEM (Sustainable Technology Solutions BU), through its subsidiary MyRechemical, a company in the waste-to-chemical segment, has signed a licensing contract with DG Fuels Louisiana, LCC in relation to its proprietary NX Circular…
Air Products (Lehigh Valley, Pa.; www.airproducts.com), a leader in the production of gas separation and purification membranes, today hosted a groundbreaking event at the site of a $70 million expansion of its Missouri Manufacturing and Logistics Center in Maryland Heights, near St. Louis,…
ExxonMobil (Spring, Tex.; www.exxonmobil.com) and Air Liquide (Paris, France; www.airliquide.com) today announced an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air…
The U.S. economy is on “solid footing” at the midpoint of 2024, and recession risks have moderated, according to the ACC Mid-Year Situation & Outlook 2024 from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Martha Moore, ACC chief economist,…
Enerflex Ltd. and BASF SE (Ludwigshafen, Germany) have entered into a memorandum of understanding (MoU) to jointly facilitate the commercial scale deployment of carbon capture, utilization and storage (CCUS) applications. The parties will combine Enerflex’s expertise in engineering, manufacturing, and…
Linde plc (Guidlford, U.K.) and Heidelberg Materials AG (Heidelberg, Germany) hosted a groundbreaking ceremony for their large-scale carbon capture and liquefaction plant in Lengfurt, Germany. Christian Knell, General Manager of Heidelberg Materials Germany, and Andreas X. Müller, Managing Director of…
Bp plc (London) has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture (JV), one of Brazil’s leading biofuels-producing companies. Upon completion, bp will become sole owner of the industrial scale sugarcane and ethanol…
Synhelion S.A. (Lugano, Switzerland) inaugurated the world’s first industrial-scale plant to produce synthetic fuels using solar heat in Jülich, Germany. By inaugurating DAWN, Synhelion proves that the technology to produce solar fuels is ready for large scaling. The renewable fuels…
Encina Development Group, LLC (Encina), a manufacturer of ISCC PLUS certified circular chemicals, and BASF SE (Ludwigshafen, Germany) announced a long-term supply agreement for chemically recycled circular benzene derived from post-consumer end-of-life plastics. The agreement marks a pivotal moment in…