Mobile Navigation

Latest News: Business

Lummus and Clariant announce successful startup of world’s largest Catofin PDH unit

  Lummus Technology (Houston; www.lummustechnology.com), a global provider of process technologies and value-driven energy solutions, and its catalyst partner Clariant, announced the successful startup and acceptance of Qingdao Jinneng New Material Co.'s 900,000 metric tons per annum CATOFIN propane dehydrogenation…

Trinseo and GMP Group announce plans for polystyrene recycling plant in the Netherlands

Trinseo (Berwyn, Pa.) and GMP Group (GMP), a circular business innovations company in the Netherlands, announced jointly their intended concerted efforts in further unlocking the circularity of polystyrene (PS). Trinseo and GMP’s collaboration aims at providing a framework for cooperation,…

Sumitomo Chemical announces “turquoise” hydrogen joint research project

Sumitomo Chemical Co. (Tokyo, Japan) and the National Institute of Technology Asahikawa College announced that they will accelerate joint research on a catalyst and a process for low environmental impact commercial production of turquoise hydrogen, along with joint research into…

BASF and MAN Energy Solutions enter into partnership for construction of one of the world’s largest heat pumps in Ludwigshafen

BASF SE (Ludwigshafen) and MAN Energy Solutions SE (Augsburg, both Germany) have entered into a strategic partnership to pursue the construction of an industrial-scale heat pump at the BASF site in Ludwigshafen. This project is intended to make an important…

thyssenkrupp nucera wins major order to expand caustic soda plant for Kutch Chemical Industries in India

Thyssenkrupp nucera AG & Co. KGaA (Dortmund, Germany) will grant the license and supply proprietary equipment to the expansion plans of the caustic soda plant for Kutch Chemical Industries in Padana, Gujarat, India. The current plant is operating since 2020…

Samsung Engineering acquires a stake in DNP Water

Samsung Engineering Co., Ltd.(Seoul, South Korea) has acquired a 24% stake in the Vietnamese water-treatment company DNP (Dong Nai Plastic) Water for about KRW52.7 billion ($41 million). The signing ceremony, was held at the Intercontinental Landmark Hotel in Hanoi, Vietnam,…

Showa Denko and SK Inc. planning high-purity-gas production in the U.S.

Showa Denko K.K. (SDK; Tokyo) and SK Inc. (Seoul, South Korea) concluded a memorandum of understanding (MOU) to give consideration to a plan to start cooperative work to produce high-purity gases, which are used in semiconductor production processes, in North…

Neste makes €1.9-billion investment for expansion of renewable-products refinery in Rotterdam

Neste Corp. (Espoo, Finland) has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers' higher climate ambitions. Neste’s current 1.4 million…

Ineos to significantly expand its high-viscosity PAO plant in LaPorte

INEOS (London) announced that Ineos Oligomers is executing a phased 50% expansion of its LaPorte, Texas, High Viscosity (HV) PAO unit, fully effective by mid-2025.  The unit was initially built with a nameplate capacity of 20,000 metric ton per year…

Showa Denko begins development of microwave-based chemical-recycling technology for plastics

Showa Denko K.K. (SDK; Tokyo) and Microwave Chemical Co., Ltd. (Osaka) have started joint development of a new microwave-based chemical recycling technology to directly transform used plastic into basic chemical feedstock. The two companies are implementing various steps to achieve…