Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S (Nature Energy) for nearly $2…
Honeywell International Inc. (Charlotte, N.C.) announced its Baton Rouge, LA., facility has doubled production capacity of Honeywell Solstice ze (HFO-1234ze), an ultra-low-global-warming-potential (GWP) and energy-efficient solution compared to other current technologies. Solstice ze is used in foam insulation, as an aerosol…
Synova, SABIC Global Technologies B.V., an affiliate of Saudi Basic Industries Corporation (SABIC), and Technip Energies (T.EN) have signed a Joint Development and Cooperation Agreement on November 23, 2022 to collaborate on the development and realization of a commercial plant,…
ExxonMobil Corp. (Houston) and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The joint effort combines ExxonMobil’s and MHI’s years…
Royal DSM N.V. (Herleen, the Netherlands) began construction of a new manufacturing facility at its site in Dalry, Scotland. The plant will significantly increase global production of Bovaer, DSM’s unique methane-reducing feed additive for cattle. In an official groundbreaking ceremony…
Elementis plc (London) announced that it has agreed to sell its Chromium business to Yildirim Group for an enterprise value of $170 million. The transaction includes the transfer of environmental liabilities of $35 million and other liabilities of $8m, with…
Honeywell International Inc. (Charlotte, N.C.) has signed a Memorandum of Understanding (MoU) with Egypt’s Environ Adapt for Recycling Industries with the aim of advancing plastics recycling in the country. The two organizations will explore the development of the first chemical recycling facility…
LanzaTech, Inc. (Skokie, Ill.) and Sumitomo Riko Company Ltd. have entered into a joint-development agreement to reuse rubber, resin and urethane waste for the production of a key chemical intermediate, isoprene. Isoprene is produced by plants, and along with its…
LG Chem (Seoul, South Korea) will construct an innovative carbon mitigation facility that will produce raw materials for plastics using carbon dioxide to build its foundation to achieve 2050 Net Zero. LG Chem will construct a DRM (Dry Reforming of…
Covestro AG (Leverkusen, Germany) recently started up the production of Naphthylen-Diisocyanate (NDI) for the Vulkollan raw material at a newly built plant in its Map Ta Phut site in Thailand. The groundbreaking of the plant happened almost exactly two years…