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Latest News: Business

Suez strengthens China presence with new recycling and waste-management partnerships

SUEZ (Paris) has announced the signature of new collaborative initiatives with local partners from Jiangsu and Shandong provinces in China to deepen cooperation in water and waste management sectors. These two partnerships that reinforce SUEZ’s strategic focus on the Chinese…

ExxonMobil, Aramco and Samref evaluating refinery upgrade and new petrochemical complex

Exxon Mobil Corp. (Houston, Tex.), Aramco (Dhahran, Saudi Arbia) and Samref (Yanbu, Saudi Arabia) have signed a Venture Framework Agreement (VFA) to evaluate a significant upgrade of the Samref refinery, in Yanbu, and an expansion of the facility into an…

Kuraray to transfer its methacrylate business in China

Kuraray Co. (Tokyo) has decided to transfer all of the shares of its wholly owned subsidiary Kuraray Methacrylate (Zhang Jia Gang) Co., headquartered in Zhangjiagang City, Jiangsu Province, China, to Jiangsu Double Elephant Group Co. and has concluded a share…

Trelleborg Medical Solutions opens new manuacturing facility in Costa Rica

Trelleborg Medical Solutions announced the opening of its new 107,600-ft2 (10,000-m2) manufacturing facility in Costa Rica’s Evolution Free Zone Industrial Park. As the company’s first facility in Central America, it will facilitate supply chain continuity through a global manufacturing and…

Air Products and Yara in advanced negotiations to partner on low-emission ammonia projects

Air Products (Lehigh Valley, Pa.) and Yara International ASA (Oslo, Norway) are working to combine Air Products’ industrial gas capabilities and low-emission hydrogen with Yara’s clean ammonia production and distribution network via two world-scale projects. Louisiana Clean Energy Complex: Air…

Toray develops large-scale production technology for lithium-recycling nanofiltration elements

Toray Industries, Inc. (Tokyo) announced that it has developed technology to scale up a new high-durability, high-selectivity nanofiltration membrane element that can efficiently recover high yields of high-purity lithium when recycling automotive lithium-ion batteries. This advance should significantly increase the…

SOCMA names new president and CEO

The Society of Chemical Manufacturers & Affiliates (SOCMA; Arlington, Va.) announced that Jenn Klein, an accomplished association executive with more than 25 years of government affairs and industry leadership experience, has been selected as the organization’s next President & Chief…

Covestro and Allmed jointly studying medical-device recycling

 Covestro AG (Leverkusen, Germany) and Allmed, an international blood purification specialist, announced a partnership to jointly investigate the recycling of used artificial kidney filters. The study will explore the potential to recover polycarbonate from medical devices for use in new…

Air Liquide announces €25-million investment to expand ASU in Yulin, China

Air Liquide S.A. (Paris) will invest approximately €25 million  to revamp its Air Separation Unit (ASU) in Yulin, Shaanxi Province, a key industrial hub in China. As part of a contract extension with a subsidiary of the Yanchang Group, this…

Thermo Fisher Scientific expands bioprocessing capabilities in India, Korea and Singapore

Thermo Fisher Scientific Inc. (Waltham, Mass.) announced an expansion of its bioprocessing capabilities across Asia, reinforcing its commitment to supporting the region’s rapidly growing biopharmaceutical industry. The company is introducing a new Bioprocess Design Center in Hyderabad, India, and has…