Latest News: Business
Solenis and Molear join forces to expand nanobubble-based water-treatment applications
Solenis (Wilmington, Del.) has entered into a strategic representation agreement with Moleaer Inc. to expand the use of nanobubble-generating equipment for flocculant polymers used in targeted water and wastewater treatment applications. Under the global agreement, Solenis will serve as Moleaer's exclusive…
CURA Climate Inc. raises $10 million to electrify and decarbonize cement production
CURA Climate Inc. (Calgary, Alberta, Canada) announced $10 million USD in financing. Led by Zacua Ventures (San Francisco, CA), with participation from Sandpiper Ventures (Halifax, Nova Scotia), Amplify Capital (Toronto, Ontario), and Vantage Futures (New York, NY), the financing will…
MOL Group completes construction work ahead of restart at damaged Danube Refinery
MOL Group (Budapest, Hungary) has completed construction work on the AV3 unit at the Danube Refinery, which was damaged in a fire last autumn. The project was completed according to schedule, so once the construction equipment has been removed, the…
P2H2 starts commercial hydrogen production at Port of Antwerp-Bruges
Power to Hydrogen Inc. (P2H2, Columbus, Ohio), a developer of anion exchange membrane (AEM) electrolyzer systems, began commercial green hydrogen production at the NextGen District of the Port of Antwerp-Bruges. The 500 kW system, built from two 250 kW stacks…
Technip Energies and SABIC enter exclusive licensing collaboration for LDPE technology
Technip Energies N.V. (Paris, France) and Saudi Basic Industries Corp. (SABIC; (Riyadh, Saudi Arabia) have entered into an exclusive Licensing Collaboration Agreement (LCA) under which Technip Energies will act as the worldwide licensor of SABIC's well-established Low-Density Polyethylene (LDPE) Clean…
Arkema announces commissioning of hydrogen production plant in France
Arkema S.A. (Paris la Defense, France) announced that its site in Jarrie, Isère, France has reached a new milestone in its reorganization with the commissioning of a hydrogen production unit based on Steam Methane Reforming (SMR) technology. Arkema is one…
Toppan and Irplast inaugurate new BOPP film manufacturing line in Italy
TOPPAN Inc. (Tokyo, Japan), a TOPPAN Group company and wholly owned subsidiary of TOPPAN Holdings Inc., and its Italy-based film manufacturing subsidiary Irplast S.p.A. (Empoli, Italy), announced the inauguration of a new manufacturing line for high-performance biaxially oriented polypropylene (BOPP)…
LANXESS and Wuxi South exploring cooperation in lubricant additives
LANXESS AG (Cologne, Germany) and Wuxi South Petroleum Additive Co., Ltd. have signed a Memorandum of Understanding (MoU) to explore strategic cooperation aimed at strengthening supply chain resilience, regional manufacturing capabilities and customer support across China and the Asia-Pacific region.…
Panasonic Energy opens new lithium-ion battery R&D hub in Osaka
Panasonic Energy Co., Ltd.(Moriguchi, Osaka, Japan), a Panasonic Group company, today announced the launch of Energy Innovation Square, a new lithium-ion battery research and development facility in Kadoma, Osaka. The facility will serve as a global hub for Panasonic Energy's…
Arkema expands glacial acrylic acid storage capacity at Ulsan terminal
Arkema S.A. (Paris la Defense, France) announced that it has secured new tank storage capacity of 3,000 m³ for Glacial Acrylic Acid (GAA) at the Ulsan HDOT terminal in Korea. The new facility will be part of Arkema's broader efforts…