Latest News: Business
Yara and Northern Lights inaugurate Europe’s largest industrial carbon capture facility
Yara International ASA (Oslo, Norway) has announced that Europe's largest industrial carbon capture facility was officially inaugurated at Yara's plant in Sluiskil, the Netherlands. The project establishes the first complete cross-border value chain for capturing, transporting, and permanently storing CO₂…
Sony and Aramco sign MoU to advance industrial AI through sensing and edge technologies
Sony Semiconductor Solutions Corp. (Atsugi, Japan) and Aramco (Dhahran, Saudi Arabia) announced the signing of a non-binding Memorandum of Understanding (MoU) to explore a strategic collaboration aimed at advancing industrial AI capabilities through the application of sensing, AI, and other…
Axens awarded contract for low-sulfur diesel hydrotreater unit in Argentina
Axens S.A. (Rueil-Malmaison, France) has been awarded a contract by YPF S.A. (Buenos Aires, Argentina), a leading integrated downstream energy provider, for the implementation of a 5,000-m³/day low-sulfur diesel hydrotreater (DHT) unit at YPF's (Buenos Aires, Argentina) Industrial Complex in…
Lanxess opens battery laboratory in Germany to accelerate LFP material development
LANXESS AG (Cologne, Germany) is further expanding its business with materials for lithium iron phosphate (LFP) batteries. The specialty chemicals company has opened a new battery laboratory at its Krefeld-Uerdingen site, where it tests and develops battery materials based on…
GEL achieves lithium carbonate purity milestone at U.K.’s United Downs site
Geothermal Engineering Ltd (GEL; Redruth, Cornwall, U.K.) has announced a major technological milestone in the production of lithium onshore in the U.K. In a European first, independent analysis has shown that GEL's lithium carbonate produced from deep geothermal brine now…
Solvay to expand electronic-grade hydrogen peroxide capacity in Taiwan
Solvay S.A. (Brussels, Belgium) announced an expansion of its electronic grade hydrogen peroxide production capacity in Taiwan through its joint venture, Shinsol Advanced Chemicals. The expansion will more than double annual production capacity by the end of 2026. The announcement…
Syensqo to invest in new aromatic polymer compounding line in India
Syensqo S.A. (Brussels, Belgium) is investing in a new compounding line for high-performance aromatic polymers at its Panoli site in India, strengthening its ability to serve customers in one of the world's fastest-growing automotive markets. Planned to be operational by…
Trelleborg makes two acquisitions, adding rubber business in Germany and gasket specialist in Washington
Trelleborg AB (Trelleborg, Sweden) has signed agreements to acquire two companies in separate transactions: M+R Dichtungstechnik GmbH (Seligenstadt, Germany), a manufacturer of customized rubber profiles and molded components for the construction and renewable energy industries, through its Trelleborg Industrial Solutions…
High-permeance alumina technology improves ceramic membrane performance
Sumitomo Chemical Co., Ltd. (Tokyo, Japan) has developed a technology that improves permeance while maintaining separation performance in ceramic separation membranes (microfiltration membranes). The technology uses the company's high-performance alumina developed for separation membranes to increase the density of through-pores…
Alfa Laval to supply electrolyzer cooling equipment for Moeve green hydrogen project in Spain
Alfa Laval AB (Lund, Sweden) has been selected as the technology provider for electrolyzer cooling equipment for the Onuba H2 project, a flagship initiative within the Andalusian Green Hydrogen Valley. This milestone project, led by Moeve S.A. (Madrid, Spain), represents…