Latest News: Business
Dow starts commercial operations of its adhesive and gap filler production line in Ahlen, Germany
Dow Inc. (Midland, Mich.) announced the mechanical completion of its new VORATRON Polyurethanes Systems adhesive and gap filler production line at its Polyurethanes Systems House in Ahlen, Germany. Dow will increase capacity of its VORATRON Polyurethane Systems product family tenfold…
LyondellBasell establishes chemicals-distribution hub in Hungary
LyondellBasell Industries N.V. (LYB; Rotterdam, the Netherlands) announced the establishment of a new distribution hub in Hungary for its polyolefins grades. This distribution hub in Hungary is an important addition to the LyondellBasell global footprint. In addition to existing distribution…
Shin-Etsu to construct a new silicones plant in Pinghu, China
Shin-Etsu Chemical Co. (Tokyo) announced plans to establish a new company, Shin-Etsu Silicone (Pinghu) Co., Ltd., in Zhejiang Province, China, and construct a new silicone products plant to expand its silicone business. Shin-Etsu Chemical established Zhejiang Shin-Etsu High-Tech Chemical Co.,…
HIF Global selects Johnson Matthey technology for the largest e-methanol plant in South America
Johnson Matthey plc (JM; London) has been selected by HIF Global (Houston), the world’s leading eFuels company, as the methanol licensor for HIF Global’s Paysandú eFuels project in Uruguay. The facility would be the largest e-methanol plant in South America…
Maire’s NextChem business completes acquisition of Germany’s GasConTec
MAIRE S.p.A. (Milan) announced that its Sustainable Technology Solutions business, Nextchem, has finalized the acquisition of 100% of GasConTec GmbH (GCT), an innovative company specialized in technology development and process engineering. Founded in 2017, GCT is located in Bad Homburg,…
MOL Group inaugurates major investment project to boost polyol production
MOL Group (Budapest, Hungary) announced the inauguration of its €1.3-billion polyol complex in Tiszaújváros, Hungary. The new facility has a production capacity of around 200,000 metric tons per year (m.t./yr) of polyol per year. The ceremony, addressed by Prime Minister…
Cemvita achieves breakthrough in SAF feedstock production
Biosolutions specialist Cemvita (Houston) announced a significant breakthrough enabling the company to produce substantial quantities of its Sustainable Oil from waste carbon sources. This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA…
BlueAlp and RES partner to build large advanced plastic-recycling plant in Italy
BlueAlp, a leading advanced recycling technology company, has signed an agreement with Recupero Etico Sostenibile S.p.A (RES), a waste management pioneer from Italy. BlueAlp will supply a technology license and will engineer, procure and fabricate the unit in its workshop…
Hysata makes strides towards commercialization of ultra-high-efficiency electrolyzers
Hysata Pty. Ltd. (Wollongong, Australia) has closed what is said to be the largest Series B finding ever in Australia's clean tech industries, announcing a $111-million USD investment round with strong backing from existing major strategic and financial global investors.…
Thermon expands two manufacturing plants in Ontario, Canada
Thermon Group Holdings, Inc. (Austin, Tex.), a global leader in industrial process heating, announced that it is bolstering its customer response times and capabilities with the completion of its recently modernized and expanded manufacturing facilities in Orillia and Oakville, Ontario.…