KBR, Inc. (Houston) announced that it has signed a joint development agreement with ISU Chemical Co. Ltd. for the design of a commercial scale lithium sulfide (Li2S) unit for next generation battery technology. Under the terms of the agreement, KBR…
The Chemours Co. (Wilmington, Del.) and TC Energy, a leader in the responsible development and reliable operation of North American energy infrastructure, have executed a memorandum of understanding (MOU) for the potential development of two electrolysis-based hydrogen production facilities at…
Idemitsu Kosan Co. (Tokyo) has launched a feasibility study of clean hydrogen production in Japan generated from waste, including municipal waste, in April. The goal is to launch a first hydrogen production facility around 2030 capable of processing 200-300 tons…
PT Chandra Asri Petrochemical Tbk (Chandra Asri; Jakarta, Indonesia) and Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, have signed a Memorandum of Understanding (MoU) to collaboratively develop a world-scale chlor-alkali plant in Indonesia. INA, along with other potential international…
Cepsa (Madrid, Spain) and Bio-Oils, Apical’s biofuels entity in Huelva, have created a joint venture to promote the production of second generation (2G) biofuels through the construction of the largest plant in southern Europe, announced by Cepsa last March. The…
Evonik Industries AG (Essen, Germany) is investing in a pilot electrolyzer at its site in Herne (Germany) to produce green hydrogen as a starting product for isophorone diamine (IPDA), a key raw material for rotor blades for wind turbines. In…
LG Chem (Seoul, South Korea) is reinforcing its battery materials supply chain by joining hands with China’s Huayou Cobalt to build a precursor plant in Saemangeum National Industrial Complex, located 230 kilometers southwest of Seoul, Korea. LG Chem announced that…
The preliminary value for the CE Plant Cost Index (CEPCI) for February 2023 (most recent available) fell compared to the previous month’s value, continuing a series of eight consecutive monthly decreases in the CEPCI overall value. However, the final value…
Competitiveness in the modern commercial environment increasingly depends on leveraging digitalization technologies and approaches, including advanced data analytics, artificial intelligence, sensor and device connectivity, edge- and cloud-computing strategies, augmented reality, and others. Focused on the chemical process industries (CPI) and…
Braskem S.A. (São Paulo, Brazil) has partnered with New Iridium, a startup based in Colorado. This initiative, and others in development, aim to advance technologies to convert CO2 generated by industrial operations. The partnership with New Iridium focuses on CO2…