Latest News: Business
Evonik opens new plant for sustainable emollients at its Steinau, Germany site
Evonik Industries AG (Essen, Germany; www.evonik.com) has officially inaugurated its new production plant for cosmetic emollients at its site in Steinau, Germany. These esters are manufactured using an enzymatic process. The double-digit million-euro plant will significantly increase Evonik’s production capacity…
Eni and Snam launch Italy’s first carbon-capture and storage project
Eni S.p.A. (Rome, Italy; www.eni.com) and Snam S.p.A. (Milan, Italy; www.snam.it), within the framework of the equal Joint Venture set up for the purpose, announced the commencement of CO2 injection activities in the reservoir for Phase 1 of Ravenna CCS.…
LanzaTech signs master license agreement with Sekisui for waste-to-EtOH platform in Japan
LanzaTech Global, Inc. (Chicago, Ill.; www.lanzatech.com), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, has signed a Master License Agreement with Sekisui Chemical Co. Ltd. (Tokyo, Japan; www.sekisuichemical.com) to deploy, at commercial scale, a jointly…
Evonik upgrades to renewable energy for production of high-performance foam
Specialty chemical maker Evonik Industries AG (Essen, Germany; www.evonik.com) has upgraded the production of the high-performance foam ROHACELL® at its main site in Darmstadt, Germany, to use only electricity from renewable energy sources. As a result, Evonik’s High Performance Polymers…
U.S. Department of Energy announces funding for battery-related research ‘Innovation Hubs’
Today, the U.S. Department of Energy (DOE; Washington, D.C.; www.energy.gov) today announced $125 million in funding for two Energy Innovation Hub teams to provide the scientific foundation needed to seed and accelerate next generation technologies beyond today’s generation of lithium…
PPG expands coatings production capacities in Malaysia
PPG (Pittsburgh, Pa.) announced that it has expanded operations in Petaling Jaya, Malaysia to include the production of non-stick coatings for kitchenware, industrial bakeware and low friction applications. The plant now has additional capacity to support growing regional coatings demand…
AtkinsRéalis to design major vaccine manufacturing facility in Canada
AtkinsRéalis Group Inc. (Montreal, Queb., Canada) has won a mandate from Jubilant HollisterStier, a leading global pharmaceutical contract manufacturer, to provide detailed design for the expansion of their sterile injectable facility in Montreal as part of Canada’s Biomanufacturing and Life…
Motiva licenses UOP process technologies for new aromatics complex in Texas
Motiva Enterprises, LLC (Houston) announced that it has advanced its aromatics project by executing a license for Honeywell UOP's aromatics technologies and is now undertaking engineering and design work. The project, planned for construction at Motiva's Manufacturing Complex in Port…
PPG agrees to sell silicas business for $310 million
PPG (Pittsburgh, Pa.) announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA S.A., a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty…
New green-hydrogen cluster in Sweden will support carbon-neutral fertilizer
Green hydrogen company Lhyfe (Paris, France), OX2 (Stockholm, Sweden), one of Europe’s largest onshore wind developers, and green-fertilizer firm Velarion Group are joining forces to create a hydrogen-based industrial cluster in the Ånge municipality in Sweden. This project, situated in…