Mobile Navigation

Latest News: Business

VARO Energy finalizes Preem acquisition

VARO Energy (Zug, Switzerland) has completed the Preem AB acquisition, marking the successful delivery of VARO Energy’s 2022 ONE VARO Transformation strategy. Following regulatory approvals, the formation of VAROPreem creates a new leading force in energy built on scale, capability…

Nuada to deploy carbon-capture technology at MLC lime production site

Nuada (Newtownabbey, Northern Ireland) and MLC have signed an agreement to deploy Nuada’s demonstration carbon-capture unit at MLC’s Singleton Birch site in Melton Ross, North Lincolnshire. The project will evaluate how next-generation carbon-capture technology can address the unavoidable process emissions…

Large-scale textile recycling hub to be built in New York

Textile recycling firm Reju announced it has selected the site for its first U.S.-based industrial facility marking a significant milestone in its efforts to scale globally. This future Regeneration Hub will be in Rochester, New York, reinforcing Reju’s commitment to…

Merck KGaA in collaboration with ChemLex to explore AI-driven chemical synthesis

Merck KGaA, Darmstadt, Germany and ChemLex, a Singapore-headquartered innovation company pioneering AI-driven automated chemical synthesis, announced the signing of a Memorandum of Understanding (MOU) to explore a strategic collaboration in evolving R&D paradigms. The MOU reflects a shared commitment to…

Henkel signs agreement to acquire ATP Adhesive Systems

Henkel AG (Düsseldorf, Germany) signed an agreement to acquire Swiss-based ATP Adhesive Systems from Arsenal Capital Partners. ATP Adhesive Systems is a leading expert in high-performance water-based specialty tapes for a wide variety of end-markets, including automotive, electronics, medical, building…

Covestro and Rondo Energy break ground for heat-battery installation in Germany

Covestro AG (Leverkusen, Germany) and Rondo Energy, Inc. (Oakland, Calif.) celebrated the groundbreaking for an innovative heat battery at Covestro's Brunsbüttel site. The Rondo Heat Battery charges when there is a surplus of low-price renewable energy in the grid, stores…

Clyde Hydrogen announces hydrogen production breakthrough

Clyde Hydrogen Systems (Clyde Hydrogen), a Scottish startup poised to transform the hydrogen energy sector, has successfully completed the build of its first fully integrated prototype system, representing a strong validation in Clyde Hydrogen’s technology and a milestone moment in…

Tosoh develops hydrocarbon-based polymer electrolyte for water electrolysis

Tosoh Corp. (Tokyo) has developed a hydrocarbon‑based polymer electrolyte for polymer electrolyte membrane (PEM) water electrolysis systems. Growing interest in hydrogen energy for carbon neutrality is increasing attention on PEM water electrolysis, a leading hydrogen production technology. Conventional PEM water…

Chemours agrees to sell former titanium dioxide site in Taiwan

The Chemours Co. (Wilmington, Del.) signed a set of definitive agreements to sell the remaining land at its former titanium dioxide manufacturing location in Kuan Yin, Taiwan to an ownership group including Century Wind Power Co., Ltd., Century Iron &…

Solstice Advanced Materials completes stannous fluoride capacity expansion in Germany

Solstice Advanced Materials (Morris Plains, N.J.) has significantly strengthened its position in the global-oral care supply chain with the recent completion of a €5.5 million expansion of its stannous fluoride (SnF₂) manufacturing facility in Seelze, Germany. The expansion increases Solstice’s…