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Latest News: Business

Topsoe and Sasol sign licensing agreement for SAF production facility in Uzbekistan

Topsoe A/S (Kongens Lyngby, Denmark) and Sasol Ltd. (Sandton, South Africa) have signed a licensing agreement with Allied Biofuels LLC (Perth, Australia) to provide technologies for its eSAF and bio-based SAF production facility located in the Khorezm region of Uzbekistan.…

JERA and Samsung C&T sign MoU to strengthen hydrogen and ammonia value chains

Japan's largest power company JERA Co., Inc. (Chuo-ku, Tokyo, Japan) has signed a Memorandum of Understanding (MoU) with Samsung C&T Corp. (Seoul, South Korea), a leading global trading and investment company, to explore strategic collaboration aimed at strengthening the resilience…

Elessent Clean Technologies commissions second SOx scrubber at TotalEnergies’ Antwerp refinery

Elessent Clean Technologies (St. Louis, Missouri) has announced the successful commissioning of its BELCO® integrated gas cleaning system at the TotalEnergies SE (Antwerp, Belgium) refinery. The new SOx scrubber entered operation on December 8 and is already significantly reducing sulfur…

Lhyfe and Messer sign enter commercial partnership for renewable hydrogen supply

Lhyfe (Nantes, France) announced the signing of a major commercial, industrial and financial partnership with industrial gas leader Messer SE & Co. KGaA (Bad Soden am Taunus, Germany). Messer is taking a 30% stake in four of Lhyfe's hydrogen production…

Sumitomo Bakelite to expand semiconductor encapsulation materials production in China

Sumitomo Bakelite Co., Ltd. (Shinagawa-ku, Tokyo, Japan) will expand production capacity for semiconductor encapsulation materials at Sumitomo Bakelite (Suzhou) Co., Ltd. by adding new production lines for epoxy-molding compounds for semiconductor encapsulation to meet the growing demand for semiconductors in…

Nova Minerals completes engineering and design for antimony processing plant in Alaska

Nova Minerals Corp (Caulfield, Victoria, Australia) has announced the completion of engineering and design for its Estelle antimony pilot processing plant in Alaska. Engineering and design covers the Whiskey Bravo front-end processing site, Port MacKenzie beneficiation plant, Port MacKenzie refinery,…

Plug Power sells Graham, Tex. project, amends sale agreement for N.Y. Gateway Project

Plug Power, Inc. (Latham, New York)  announced two transactions with Stream US Data Centers, LLC (Dallas, Texas), advancing the company's previously announced strategic infrastructure optimization initiatives, which collectively target more than $275 million in liquidity improvement through a combination of…

Itochu and Daikin enter alliance for horizontal recycling of air conditioners

ITOCHU Corp. (Minato-ku, Tokyo, Japan) announced that it has signed a comprehensive business alliance agreement with Daikin Industries, Ltd. (Kita-ku, Osaka, Japan). The agreement was signed under the framework of Japan's Act Concerning Sophistication of Recycling Business, etc. to Promote…

Andritz and RAG Austria commence construction of Austria’s largest green-hydrogen plant

ANDRITZ AG (Graz, Austria) and RAG Austria AG (Vienna, Austria) have officially marked the start of construction with a groundbreaking ceremony for Austria's largest green hydrogen plant. The 12.5 MW facility will help store surplus renewable energy generated in the…

Siemens and FuelCell Energy collaborate to develop scalable fuel-cell power solutions

Siemens AG (Munich, Germany) and FuelCell Energy, Inc. (Danbury, Connecticut) (Nasdaq: FCEL) have announced a collaboration to accelerate the growth of fuel cell-based power generation. The agreement aligns electrical design and supply with fuel cell technologies to support deployment of…