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Latest News: Business

Altana acquires stake in Germany startup focused on printing electronics

Altana AG (Wesel, Germany) has acquired a stake in the tech startup Saralon. The young company specializes in the development of inks for printing electronics. In addition, it offers prefabricated electronic components that enable printers to quickly build capacities for…

Sika opens new membrane and mortar plant in China

Sika AG (Baar, Switzerland) is opening a new plant for liquid membranes and mortar production in Chongqing, a city in southwestern China with 30 million inhabitants. By commissioning the new plant, Sika is expanding its position in this rapidly growing…

Versalis acquires enzymatic ethanol-production technology from DSM

Versalis S.p.A. (San Donato Milanese), Eni's chemical company, has acquired the technology to produce enzymes for second-generation ethanol from Royal DSM N.V. (Herleen, the Netherlands). The agreement has a strategic value for Versalis as it integrates with proprietary Proesa technology,…

Topsoe technology chosen for industrial scale low-carbon ammonia project in Louisiana

Topsoe A/S (Lyngby, Denmark) has been chosen as technology provider to Ascension Clean Energy (ACE), an industrial scale low carbon hydrogen-ammonia joint venture project by Clean Hydrogen Works (CHW), Denbury Carbon Solutions and Hafnia. To deliver the 7.2 million metric…

Perstorp to initiate major water-conservation project at Stenungsund operations

Perstorp AB (Malmö, Sweden) is investing in a unique project that will allow it to use wastewater from a nearby municipal treatment plant for production operations in Stenungsund, Sweden. This will save 1.1 billion liters of fresh water per year. The project…

Metso Outotec and Rio Tinto join forces to develop low-carbon ironmaking project

Metso Outotec Oy (Helsinki, Finland) is working with Rio Tinto (London, U.K.) on the development of the BioIron project for low-carbon iron making. As recently announced by Rio Tinto, process effectiveness of the novel low-carbon iron-making process has been successfully proven by small-scale…

Sulzer providing technologies for e-methanol, renewable fuels plant in Denmark

Sulzer Chemtech Ltd. (Winterthur, Switzerland) is using its advanced separation technologies to enable the world’s first commercial scale e-methanol plant, constructed by European Energy. The innovative facility in Kassø, Aabenraa, Denmark will produce 32,000 metric tonnes of carbon neutral fuels…

Wood and CuanTec developing separation technologies for processing chitin

Wood plc (Aberdeen, Scotland) will work with CuanTec Ltd., a Scottish circular economy business, to develop cutting edge separation facilities that will process shellfish waste to extract chitin, a naturally occurring, 100% compostable biopolymer with a wide range of applications…

Clariant to expand Care Chemicals facility in Huizhou, China

Clariant AG (Muttenz, Switzerland) is set to expand its Care Chemicals facility in Daya Bay, Huizhou, China, to boost its support for pharmaceutical, personal care, home care, and industrial application customers. The CHF 80 million investment will see capacity increases…

Aramco and TotalEnergies to build petrochemical complex in Saudi Arabia

The Saudi Arabian Oil Co. (Aramco; Dhahran, Saudi Arabia) and TotalEnergies SA (Paris, France) have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The ‘Amiral’ complex will be owned, operated, and…