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Latest News: Business

CWP Global selects Bechtel for large-scale green hydrogen and ammonia projects

CWP Global has selected Bechtel Corp. (Reston, Va.) to support developments of large-scale green hydrogen and ammonia facilities. The agreement creates a platform for the partnership to provide ongoing conceptual and early planning solutions in selecting optimal integrated configurations for the…

Topsoe to supply technologies for Refuel Energy’s renewable-fuels plant in Canada

Refuel Energy Inc. has announced its plans for the construction of a 3,000 barrels per day renewable fuel plant in Southern Ontario, Canada. The proposed project, called Refuel YYZ, would supply the aviation and terrestrial fuel needs of the Greater…

Saint-Gobain boosts glass-recycling capabilities at Minnesota plant

Saint-Gobain North America, through its electrochromic glass subsidiary SageGlass, announced that it will recycle over 1,000 tons of glass per year for the next five years, diverting the material from landfills and upcycling the components for future use through an…

TUV Rheinland Releases first global Green Hydrogen & Ammonia Certificate for greenfield project in Oman

TUV Rheinland announced the issuance of the First Green Hydrogen and Green Ammonia Certificate Globally to Green Hydrogen & Chemicals SPC for the production of Green Hydrogen and Green Ammonia as part of the Greenfield Project, a PV powered Hydrogen-Ammonia…

Linde signs supply agreement with space-launch firm

Linde plc (Guildford, U.K.) announced it has signed another long-term agreement with a major space launch company in Florida for the supply of bulk industrial gases. Linde will supply the customer with liquid oxygen and nitrogen from its air separation…

LyondellBasell to exit petroleum refining sector with sale of Houston Refinery

LyondellBasell (Rotterdam, the Netherlands) announced its decision to cease operation of its Houston Refinery no later than December 31, 2023. In the interim, the Company will continue serving the fuels market, which is expected to remain strong in the near-term,…

Dow announces global alkoxylation capacity expansion

Dow (Midland, Mich.) announced plans to expand its global alkoxylation capacity in the U.S. and Europe to meet increasing demand across a wide range of fast-growing end-markets where the Company is delivering 10% to 15% annual growth rates, from home…

Nel opens electrolyzer manufacturing plant in Herøya

Nel ASA (Oslo, Norway) has opened a new automated electrolyzerplant at Herøya, which is contributing to unlocking new application areas where green hydrogen is the best or only option for decarbonizing. The secret is scale-up and automation, which is lowering…

KBR awarded maintenance services contract for Satorp refinery

KBR, Inc. (Houston) announced that it has been awarded a 7-year contract with an option to extend for another 3 years, for the provision of General Maintenance Services (GMS) by Saudi Aramco TOTAL Refining and Petrochemical Company (SATORP), for its…

Royal DSM to sell Protective Materials business to Avient for €1.44 billion

Royal DSM N.V. (Herleen, the Netherlands) has reached an agreement to sell its Protective Materials business to Avient Corp. (Cleveland, Ohio) for an Enterprise Value of €1.44 billion. The proposed transaction includes all of DSM’s Protective Materials activities, chiefly consisting…