Latest News: Business
Nel progresses plans to expand electrolyzer production site in Connecticut
Nel ASA has taken the final investment decision to expand the production capacity at its PEM electrolyzer manufacturing facility in Wallingford, Connecticut. The expansion will bring annual production capacity towards 500 MW in 2025. “This is an important milestone for Nel,”…
Bechtel to conduct engineering study for battery anode production
Bechtel (Reston, Va.) was awarded a contract by Sicona Battery Technologies to perform an engineering study for a U.S. manufacturing plant that will produce the cutting-edge battery anode components needed for electric vehicles. "Bechtel will help Sicona deliver a long-lasting…
Técnicas Reunidas begins engineering work on Catalina green-hydrogen project in Spain
Técnicas Reunidas S.A. (TR; Madrid, Spain) has launched the engineering works for a large-scale green hydrogen plant, named Catalina and located in Aragón (Spain). The project consists of the development of an initial 500-MW green-hydrogen plant, expandable to 2 GW.…
Bp launches plans for low-carbon green hydrogen cluster in Spain’s Valencia region
Bp plc (London) launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by bp, this public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity…
Victrex invests in manufacturing expansion for biomaterials business
Victrex plc (Thornton Cleveleys, U.K.) has announced priority investment to support expanding its medical division, Invibio Biomaterial Solutions, including the opening of a new product development facility in Leeds, UK, this month. As part of Victrex’s plans to accelerate future…
Gevo confirms agreements for renewable hydrogen facility in South Dakota
Gevo, Inc. (Englewood, Colo.) announced that they have finalized a Hydrogen Development Services Agreement with Zero6 Energy (formerly Juhl Energy) for the development of a 20-megawatt hydrogen production facility in Lake Preston, South Dakota, using Cummins Inc. (NYSE: CMI) electrolyzer…
Amyris to sell selected cosmetic-ingredient portfolios to Givaudan
Givaudan International SA (Vernier, Switzerland) announced that it has reached an agreement to acquire certain cosmetic ingredients from Amyris, Inc. (Emeryville, Calif.) , including Neossance Squalane, the high-performant emollient, Neossance Hemisqualane, the plant-based silicone alternative and CleanScreen, a sustainable sun…
Evonik adding production capacity for aluminum oxide in Japan
Evonik Industries AG (Essen, Germany) announced that it is investing in a production-plant expansion for fumed aluminum oxide at its site in Yokkaichi, Japan. The facility will be the company’s first alumina plant in Asia, focusing on the production of…
Celanese and Mitsui form JV for food ingredients
Celanese Corp. (Dallas, Tex.) announced two joint venture (JV) actions with Mitsui & Co., Ltd. (Tokyo) to extend their longstanding strategic partnership. Celanese announced the signing of a term sheet to form a Food Ingredients JV with Mitsui, subject to…
Evonik starts up new production plant for gas separation membranes in Austria
Evonik Industries AG (Essen, Germany) has started up a new hollow-fiber spinning plant for the production of gas separation membranes in Schörfling am Attersee in Austria. The new production capacity enables the company to meet the ongoing strong demand for…