USA BioEnergy announced it has selected Johnson Matthey plc (JM; London) and Honeywell International, Inc. (Charlotte, N.C.) to provide their process technologies to USA BioEnergy to produce synthetic paraffinic kerosene (SPK) at its Bon Wier, Texas biorefinery. JM/bp’s award-winning FT…
Technip Energies (Paris) has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. (Malvern, Pa.) for a purchase price of US$556 million, representing an EBITDA multiple of ~9.8. This strategic transaction strengthens Technip…
Worley Ltd. (North Sydney, Australia) has been awarded a contract by Preem AB (Stockholm, Sweden) for Front-End Engineering Design (FEED) verification for the planned conversion of the ICR plant at the Lysekil refinery in Sweden. The project aims to transform the…
OMP N.V. (Antwerp, Belgium) and Evonik Oxeno announced the successful launch of a significant digital transformation milestone: the move of OMP’s Unison Planning to the cloud across Evonik Oxeno’s production sites in Marl and Antwerp. With this project going live,…
SandboxAQ (Palo Alto, Calif.; www.sandboxaq.com) www.today announced the launch of AQCat25, a breakthrough large-scale AI dataset offering deep insights into the atomic-scale dynamics that drive state-of-the-art industrial chemistry. The AQCat25 dataset enables researchers to make highly accurate predictions of material…
Phillips 66 (Houston, Tex.; www.phillips66.com) announced today that it has entered into a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP from subsidiaries of Cenovus Energy Inc. (Dublin, Ohio; www.cenovus.com) for total cash consideration…
International Flavors & Fragrances Inc. (IFF; New York City) inaugurated its expanded LMR Naturals site in Grasse following a €10 million investment. The expansion increases the facility’s footprint by 75 percent to 4,687 square meters and includes a state-of-the-art pilot…
The Global Impact Coalition (GIC) announced the launch of a dedicated spin-off structure to advance its Sustainable Olefins project. Starting with a feasibility study, this marks the first step toward exploring a new methanol-based route to electro-Sustainable Aviation Fuel (e-SAF) and…
Emvolon Inc. (Woburn, Mass.) and Freepoint Commodities LLC (Stamford, Conn.), a leading global commodities merchant, announced their intention to enter into a long-term a strategic collaboration to accelerate the production and distribution of renewable methanol. By combining Emvolon’s proprietary technology…
Lubricants and specialty blending company America Clean Fuel Corp. (ACFC; Houston) announced that its state-of-the-art blending facility in New Caney, Texas, will officially come online in one month. With a capacity of 1,000 barrels per day, the plant is purpose-built…