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Latest News: Business

Qore starts up large-scale bio-based butanediol plant in Iowa

Qore, a joint venture of  Cargill, Inc. (Minneapolis, Minn.) and HELM AG (Hamburg, Germany), is officially starting production of QIRA, the world’s first large-scale 1,4-butanediol (BDO) made from locally grown dent corn. QIRA is derived from annually renewable crops and…

Independence Hydrogen scores strategic investment from Sumitomo

Sumitomo Corp. (Tokyo), through its U.S. subsidiary Sumitomo Corporation of Americas, announced a strategic investment in Independence Hydrogen to develop additional decentralized hydrogen production and distribution projects in the United States. Independence Hydrogen, Inc. is a privately held company that…

Verne to construct new plant in Pennsylvania for hydrogen-storage vessels

Alongside Governor Josh Shapiro, Verne Inc. (San Francisco, Calif.; ) announced that it will open its first manufacturing facility in Pennsylvania. The nearly $4.5-million project will create at least 61 new, full-time jobs in Lycoming County and further cement Pennsylvania’s…

CF Industries starts up CO2 sequestration unit in Louisiana

CF Industries Holdings, Inc. (Deerfield, Ill.) announced the startup of the carbon dioxide (CO2) dehydration and compression facility at its Donaldsonville Complex in Louisiana. The facility will enable the transportation and permanent geological sequestration of up to 2 million metric…

Trelleborg expands manufacturing facility in Malta supporting biopharma and semiconductor applications

Trelleborg Group AB (Trelleborg, Sweden) has inaugurated its cutting-edge facility expansion in Malta. The major investment in cleanrooms & equipment represents a significant milestone in supporting the fast-evolving life sciences and semiconductor manufacturing industries. Located in Hal Far and Marsa,…

Wacker Biotechnology Center opens in Munich

Wacker Chemie AG (Munich, Germany) has opened the Wacker Biotechnology Center in Munich. Eminent politicians and guests from the business and research community were present to mark the opening of the new research center. The company has invested a double-digit…

LyondellBasell and Polynt jointly developing low-carbon marine resins

LyondellBasell Industries N.V. (LYB; Rotterdam, the Netherlands) and Polynt S.p.A. (Bergamo, Italy) have expanded their long-standing strategic collaboration. Together, the companies are working to develop a high-quality resin for the marine industry, which leverages the LYB Styrene +LC (low carbon)…

Kemira and CuspAI enter partnership for AI materials development

Kemira Oyj (Helsinki, Finland) announced a strategic partnership with CuspAI, a pioneering materials science artificial intelligence company. This water industry-first collaboration aims to revolutionize materials innovation within the chemical sector through the integration of advanced AI technologies. As part of…

H2Future, one of the world’s longest-running green-hydrogen projects, will be further expanded

voestalpine (Linz, Austria) and VERBUND are further extending one of the world’s longest-running proton-exchange membrane (PEM) electrolysis plants, H2FUTURE, in Linz, Austria. The expansion includes the production, compression, purification, storage, loading, and further use of green hydrogen. To this end,…

Nobian and Veolia exploring joint commercialization for new lithium-chloride process

Nobian and Veolia Water Technologies Inc. have signed a Memorandum of Understanding (MoU) to explore joint commercialization of Nobian’s newly patented lithium chloride conversion process. Nobian, a leading provider of salt-based chemicals in Western Europe, has recently developed and patented…