Latest News: Business
Topsoe to build a new factory in Virginia for solid-oxide electrolyzer cells
Topsoe A/S (Lyngby, Denmark) announced plans to build a cutting-edge factory in Chesterfield, Virginia. The factory will manufacture advanced, energy efficient Solid Oxide Electrolyzer Cells (SOEC) that are essential to the efficient production of clean hydrogen and derivatives like eAmmonia…
Lummus Technology opens water-treatment R&D facility in Texas
Lummus Technology (Houston) announced the opening of its cutting-edge research and development (R&D) facility dedicated to advancing its Zimpro suite of water and wastewater treatment technologies. Officially named the Lummus Green Circle Labs and located in La Porte, Texas, the…
KBR phenol technology selected for SABIC Fujian Petrochemical Complex
KBR, Inc. (Houston) announced that it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the contract, KBR will provide technology licensing and proprietary engineering design for a…
LyondellBasell and Genox open new plastics-recycling JV in China
LyondellBasell Industries N.V. (Rotterdam, the Netherlands) announced the opening of the plastics recycling joint venture (JV) in Zhaoqing, Guangdong Province in Southern China with Genox Recycling (Genox). The plastic recycling plant will use mechanical recycling technology to recycle plastic waste…
Cepsa and Evos join forces for green-methanol storage in Spain and the Netherlands
Cepsa Química (Madrid, Spain) has signed an agreement with Evos, a leading liquid energy and chemical storage company with hubs in strategic locations across Europe, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage…
Perstorp opens wastewater purification facility at Stenungsund production site
Perstorp AB (Malmö, Sweden) has celebrated the opening of a facility that will enable wastewater from the water treatment plant run by the municipality to be further purified and reused for cooling at the Perstorp Oxo production plant in Stenungsund.…
CF Industries and JERA to develop low-carbon ammonia project in the U.S.
CF Industries Holdings, Inc. (Deerfield, Ill.) and JERA Co., Inc. (Tokyo) , Japan’s largest energy company, announced that they have executed a joint development agreement (JDA) to explore the development of greenfield low-carbon ammonia production capacity at CF Industries’ Blue…
Arkema acquires majority stake in ionic liquids startup firm
Arkema S.A. (Colombes, France) has signed an agreement to acquire a majority stake of nearly 78% in Proionic, a leading startup in the production and development of ionic liquids, which are key components for the next generation of lithium-ion batteries.…
Neste annouces first success in processing pyrolysis oil from discarded tires
In its efforts to advance chemical recycling, Neste Corp. (Espoo, Finland) has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics…
Auburn’s McCrary Institute and Oak Ridge National Lab partner on pilot cybersecurity and operations center
Auburn University’s McCrary Institute for Cyber and Critical Infrastructure Security (Auburn, Ala.; eng.auburn.edu/mccrary) was awarded a $10 million Department of Energy grant in partnership with Oak Ridge National Laboratory (ORNL; Oak Ridge, Tenn.; www.ornl.gov) to create a pilot regional cybersecurity…