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Latest News: Business

World-first pilot plant in Catalonia will 3D print ceramic parts for solid-oxide cells

The Catalonia Institute for Energy Research (IREC; Tarragona, Spain) has launched a new pilot line for the manufacturing of ceramic devices using 3D printing for the generation and use of renewable hydrogen via solid-oxide electrolysis. This manufacturing process for complete…

Honeywell selected to automate two flagship carbon-capture projects in the U.K.

Honeywell International, Inc. (Charlotte, N.C.) announced it has been selected by Technip Energies (Paris) to provide integrated automation and safety technologies to the Net Zero Teesside Power (NZT Power) and Northern Endurance Partnership (NEP) projects, which represent two of the…

Pilot plant will help scale up solvent-based recycling process for food-grade HDPE

ALPLA Group (Hard, Austria) is  now evaluating a patented solvent-based process for food-safe HDPE recycled material at a pilot plant in Heerenveen, the Netherlands in collaboration with the independent technological institute NTCP. The innovation project, which is funded by the…

Hexion sells U.S. Gulf Coast formalin business to Ancala

Hexion Inc. (Columbus, Ohio) announced that it has sold its U.S. Gulf Coast formalin business to Ancala, a leading independent infrastructure manager. The sale includes facilities in Baytown, Texas; Luling, Louisiana; and Geismar, Louisiana, along with associated multi-year customer contracts.…

CARBIOS and Wankai to partner on large-scale deployment of PET biorecycling technology in Asia

Carbios S.A. (St-Beauzire, France) and Wankai New Materials, a listed subsidiary of Zhink Group, the 3rd largest PET producer in China and 4th worldwide, announce the signing of the definitive agreement establishing a strategic partnership for the large-scale deployment of…

Arkema and Semcorp sign a strategic partnership in battery separators

Arkema S.A. (Paris La Defense) and Semcorp have signed a Memorandum of Understanding (MoU) to establish a strategic collaboration aimed at accelerating innovation in battery separator technologies and supporting Semcorp in its international expansion. As part of this strategic partnership,…

Stepan sells manufacturing assets in Louisiana

Stepan Co. (Northbrook, Ill.) announced that it has entered into an agreement to sell its manufacturing assets located in Lake Providence, LA to an undisclosed buyer. This transaction follows Stepan's most recent divestiture of its plant in the Philippines, representing…

Arkema achieves ISCC+ certification at polyester resins plant in Italy

Arkema S.A. (Paris La Defense) has achieved ISCC PLUS certification of its specialty polyester resins in Gissi, Italy – in line with Arkema’s global Mass Balance roadmap. This supports customers as they implement more sustainable solutions for polyurethane systems in…

Solstice Advanced Materials breaks ground on $200-million capacity expansion in Washington

Solstice Advanced Materials, a pure-play specialty materials company (formerly part of Honeywell), announced it has broken ground on a $200 million investment to expand and modernize its electronic materials facility in Spokane Valley, Washington. By the end of 2029, the…

Asahi Kasei divests Daramic, a lead battery separator business, to Kingswood Capital

Asahi Kasei (Tokyo, Japan; www.asahi-kasei.com) a diversified global manufacturer in the Healthcare, Homes, and Material sectors, announces its strategic divestiture of Daramic, a lead battery separator business, to Kingswood Capital Management, LP. The Daramic business transfer closed on December 1,…