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Latest News: Business

Eni and Petronas sign feasibility agreement for bio-gasoline development

Eni S.p.A. (Rome, Italy) and PETRONAS (Petroliam Nasional Berhad, Kuala Lumpur, Malaysia) have signed a Feasibility Agreement (FA) to evaluate the development of innovative high-performance bio-gasoline starting from the established Ecofining™ technology process, through which Eni has been producing HVO…

Avantium completes commissioning of purification unit at FDCA Flagship Plant

Avantium N.V. (Amsterdam, Netherlands) has successfully completed the commissioning of the purification unit at its FDCA Flagship Plant in Delfzijl, the world's first commercial-scale plant for the production of FDCA (furandicarboxylic acid). With the purification unit now commissioned, all major…

Shell, Schneider Electric and Axens install Europe’s first industrial-scale electric tubular heater at Rheinland refinery

A joint industrial decarbonization project demonstrates how electrification, process technology, and site integration can help reduce direct CO₂ and NOx emissions from refinery heating. Shell plc (London, U.K.), Schneider Electric SE (Rueil-Malmaison, France) and Axens S.A. (Rueil-Malmaison, France) have successfully…

Kemira launches iron phosphate pilot plant in Sweden to support battery supply chain

Kemira Oyj (Helsinki, Finland) has started pilot operations for iron phosphate production at its site in Helsingborg, Sweden, marking an important milestone in the company's development of battery materials and to support a more resilient and sustainable battery value chain.…

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…