Petroliam Nasional Berhad (PETRONAS; Kuala Lumpur, Malaysia) and Aramco (Dhahran, Saudi Arbia) announced the signing of an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. Bhd. (collectively, PRefChem), located…
Mkango Resources Ltd. (Vancouver, B.C., Canada) has signed an asset purchase agreement with Heraeus Amloy Technologies GmbH, to acquire its Remloy rare earth magnet recycling business for €8 million (US$9.4 million) in cash, of which €5 million (US$5.6 million) is…
Tokuyama Corp. has announced plans to construct a second plant for high-purity isopropyl alcohol for electronic manufacturing (high-purity IPA) at Formosa Tokuyama Advanced Chemicals Co., Ltd. (FTAC; Kaohsiung City, Taiwan), a jointly held venture comprising Tokuyama Corp. 50% shareholding and…
Gasunie (Groningen, the Netherlands) and the German transmission system operators Open Grid Europe and Thyssengas signed an agreement to jointly develop a cross‑border hydrogen connection between the Netherlands and Germany on Wednesday, 20 May. The two national hydrogen networks will…
Kemira Oyj (Helsinki, Finland) and CuspAI announced that they have used generative AI to design new materials targeting the removal of PFAS, so-called "forever chemicals," from drinking and process water at trace concentrations, using chemistry that is stable, sustainable, and…
Samsung E&A (Seoul, South Korea), in partnership with Nel Hydrogen ASA (Oslo, Norway), launched CompassH2-A+, a 100 megawatt pressurized alkaline electrolysis solution at the World Hydrogen Summit in Rotterdam. The new offering marks the third product in the CompassH2 lineup…
Plug Power Inc. (Latham, N.Y.) announced that the 30-megawatt (MW) Barrow Green Hydrogen project in Barrow-in-Furness, Cumbria (U.K.), where Plug is supplying electrolyzers, has reached final investment decision (FID). The Barrow Green Hydrogen project is being delivered by Green Hydrogen…
Eastman Chemical Co. (Kingsport, Tenn.) announced that its Kingsport, Tennessee, site has achieved ISO 59014 certification through SCS Global Services. The certification includes Eastman’s material-to-material methanolysis recycling technology at the Kingsport facility. Eastman’s recycling technology processes a variety of hard-to-recycle…
Feon Energy, Inc. (Woburn, Mass.), a developer of liquid electrolytes for lithium batteries, announced the signing of a Memorandum of Understanding (MOU) with Orbia Fluor & Energy Materials USA, Inc. (Waltham, Mass.), a manufacturer of battery electrolytes. This strategic collaboration…
Aster Chemicals and Energy Pte. Ltd. (Singapore) has taken Final Investment Decision to proceed with the $80 million project to expand ethylene (C2) export capacity at its Ethylene Cracker Complex in Singapore. Contracts for engineering and construction work have been…