Latest News: Business
Orion Engineered Carbons announces $60-million emissions-reduction project
Orion Engineered Carbons (Houston) will sharply reduce air emissions at its Borger, Texas, plant with new control technology. The $60 million project also involved upgrading the site’s cogeneration system, which takes heat created by the carbon black production process and…
Citroniq Chemicals signs renewable-polypropylene supply agreement with Mitsui Plastiscs
Citroniq Chemicals LLC (Houston), a world-scale producer of carbon-negative materials, and Mitsui Plastics, Inc (MPI), a wholly owned subsidiary of Mitsui & Co. (U.S.A.), Inc., announced the execution of a letter of intent for a large-scale supply agreement for sustainable…
Cepsa, partners to develop 200-MW electrolysis plant at Andalusian Green Hydrogen Valley
Cepsa (Madrid, Spain), Enagás Renovable, one of the largest European developers of renewable gas projects, and Alter Enersun, a company dedicated to the promotion of renewable energy generation facilities, have signed an agreement to jointly develop a green hydrogen plant…
Kemira acquires advanced process optimization startup SimAnalytics
Following an initial investment in August 2021, Kemira Oyj (Helsinki, Finland) has now acquired the entirety of SimAnalytics. With the acquisition, Kemira strengthens its capability to support its customers’ business with data-driven predictive services and machine learning solutions. “Services are…
Avantium to supply Henkel with plant-based FDCA
Avantium N.V. (Amsterdam. The Netherlands) and Henkel signed an offtake agreement for five years, under which Avantium will supply Henkel with FDCA (furandicarboxylic acid) produced in Avantium’s FDCA Flagship Plant, currently under construction in Delfzijl, the Netherlands. Avantium expects to…
U.S. chemical production continues decline in December, ACC says
The U.S. Chemical Production Regional Index (U.S. CPRI) fell by 1.5% in December, following declines of 0.8% in October and 0.3% in November, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output was lower than a month…
Evonik launches research project for plasma-enabled CO2 conversion
Evonik Industries AG (Essen, Germany) has launched the PlasCO2 project together with three partners. The aim is to use carbon dioxide (CO2) as a raw material in the production of C4 chemicals. The German Federal Ministry of Education and Research is…
Aker Carbon Capture inaugurates world’s first carbon-capture pilot for smelters
Aker Carbon Capture AS (Lysaker, Norway) has announced that the world's first carbon capture pilot for smelters has been officially inaugurated. The Mobile Test Unit (MTU), delivered by Aker Carbon Capture, is now connected to Elkem ASA’s (Oslo, Norway) plant…
TA’ZIZ and Proman to develop the U.A.E.’s first methanol plant
Abu Dhabi Chemicals Derivatives Co. RSC Ltd (TA’ZIZ) and PROMAN AG (Wollerau, Switzerland), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility at the…
Air Liquide and Sasol sign power purchase agreements with Enel Green Power
Air Liquide S.A. (Paris) and Sasol Ltd. (Johannesburg, South Africa) have signed two Power Purchase Agreements (PPA) with Enel Green Power (Rome, Italy) for the long-term supply of a total capacity of 220 MW of renewable power to Sasol’s Secunda…