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Latest News: Business

Covestro and Rondo Energy break ground for heat-battery installation in Germany

Covestro AG (Leverkusen, Germany) and Rondo Energy, Inc. (Oakland, Calif.) celebrated the groundbreaking for an innovative heat battery at Covestro's Brunsbüttel site. The Rondo Heat Battery charges when there is a surplus of low-price renewable energy in the grid, stores…

Clyde Hydrogen announces hydrogen production breakthrough

Clyde Hydrogen Systems (Clyde Hydrogen), a Scottish startup poised to transform the hydrogen energy sector, has successfully completed the build of its first fully integrated prototype system, representing a strong validation in Clyde Hydrogen’s technology and a milestone moment in…

Tosoh develops hydrocarbon-based polymer electrolyte for water electrolysis

Tosoh Corp. (Tokyo) has developed a hydrocarbon‑based polymer electrolyte for polymer electrolyte membrane (PEM) water electrolysis systems. Growing interest in hydrogen energy for carbon neutrality is increasing attention on PEM water electrolysis, a leading hydrogen production technology. Conventional PEM water…

Chemours agrees to sell former titanium dioxide site in Taiwan

The Chemours Co. (Wilmington, Del.) signed a set of definitive agreements to sell the remaining land at its former titanium dioxide manufacturing location in Kuan Yin, Taiwan to an ownership group including Century Wind Power Co., Ltd., Century Iron &…

Solstice Advanced Materials completes stannous fluoride capacity expansion in Germany

Solstice Advanced Materials (Morris Plains, N.J.) has significantly strengthened its position in the global-oral care supply chain with the recent completion of a €5.5 million expansion of its stannous fluoride (SnF₂) manufacturing facility in Seelze, Germany. The expansion increases Solstice’s…

Veolia and SBM Offshore announce plans to develop offshore floating desalination units

Veolia (Paris, France) and SBM Offshore, world leader in deepwater ocean-infrastructure, announced the signing of a Memorandum of Understanding to address challenges related to water scarcity, energy transition and industrial transformation. Through this strategic partnership, the companies will develop and…

Metso to build gold processing plant for Maaden in Saudi Arabia

Saudi Arabian Mining Company (Maaden) has commissioned Metso Corp. (Espoo, Finland) to supply a gold processing plant for their Ar Rjum mine located in the Makkah Region, approximately 200 km northeast of Ta’if, Ar Rjum in Saudi Arabia. The order…

Gevo granted patent for ethanol-to-olefins process for renewable jet fuel

Gevo, Inc. (Englewood, Colo.) announced that it has been awarded U.S. Patent No. 12,486,207 B2 from the United States Patent and Trademark Office (USPTO). The patent broadens protections for different catalyst combinations and explicitly protects the use of Ethanol-to-Olefins (“ETO”)…

Kemira is evaluating industrial application of Hazer’s methane pyrolysis technology

Kemira Oyj (Helsinki, Finland) and Hazer Group Ltd. (Perth, Australia) have signed a non-binding Memorandum of Understanding (MOU) to evaluate and explore commercial opportunities for deployment of Hazer’s proprietary methane pyrolysis technology. Under the MOU Hazer and Kemira will collaborate…

Wood awarded contract for Niron’s first-of-a-kind iron nitride magnet facility

Wood plc (Aberdeen, U.K.) has secured the engineering, procurement and construction management (EPCM) contract for Niron Magnetics’ Plant 1 in Sartell, Minnesota, the world's first full-scale Iron Nitride permanent magnet facility. This groundbreaking plant will manufacture 1,500 tons of Iron…