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Yokogawa to acquire Web Synergies, a provider of integrated IT/OT solutions

Yokogawa Electric Corporation (Tokyo, Japan; www.yokogawa.com) announces that it has finalized an agreement to acquire Singapore-based Web Synergies (www.websynergies.com), a leading provider of IT and integrated IT and operational technology (OT) solutions. For more than a decade, the two companies…

Lhyfe receives 149-million-euro grant for green hydrogen production plant in France

Lhyfe (Nantes, France; www.lhyfe.com), a world pioneer in the production of green and renewable hydrogen for mobility and industry, announces that the French Prime Minister has officially confirmed, by signature, a €149 million grant for its future green hydrogen production…

Neptune Energy produces battery-grade lithium carbonate from gas-field brine using KBR technology

KBR (Houston, Tex.; www.kbr.com) is proud to partner with Neptune Energy (London, U.K.; www.neptuneenergy.de) to produce battery-grade lithium carbonate (Li₂CO₃) from gas field brine at the Altmark site in Germany, utilizing KBR’s proprietary PureLi® refining and conversion technology. Li2CO3 is…

Syensqo and Sinopec collaborate on advanced materials and specialty chemicals

Syensqo, a leader in advanced materials and specialty chemicals, and China Petroleum & Chemical Corporation (Sinopec) have signed a Strategic Partnership Framework Agreement to foster collaboration in advanced materials and specialty chemicals. The partnership is set to explore business development opportunities and…

Asahi Kasei starts joint demonstration project for recycling metals from electrolyzer components

Asahi Kasei Corp. (Tokyo) has started a joint demonstration with Nobian, Furuya Metal, and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda. Through…

Cyclic Materials to build first commercial magnet-recycling facility in Arizona

Cyclic Materials Inc. (Toronto, Ont., Canada) announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global REE recycling operation focused on the separation of…

Lummus Technology to acquire NAPCON assets from Neste

Lummus Technology (Houston) and Neste Corp. (Espoo, Finland) announced the companies have signed an agreement in which Lummus Technology will acquire the intellectual property and certain assets of NAPCON, Neste’s proprietary digital technology solutions provider. The agreement also includes the…

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Economic Indicators: May 2025

The preliminary value for the CE Plant Cost Index (CEPCI) for February 2025 (most recent available) fell by a small margin compared to the previous month’s value. The final value for January 2025 was downwardly revised, partially because of some…

2025 CEPCI updates: February (prelim.) and January (final)

The preliminary value for the CE Plant Cost Index (CEPCI) for February 2025 (most recent available) fell by a small margin compared to the previous month’s value. The final value for January 2025 was downwardly revised, partially because of some…

ICL to acquire ag-biochemical tech firm Lavie Bio

Evogene Ltd.  a leading computational biology company, announced the signing of a definitive agreement under which ICL Ltd. (Tel Aviv, Israel) will acquire the majority of activity of Evogene's subsidiary, Lavie Bio Ltd. As part of the agreement, ICL will…