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Latest News: Business

Metso to launch pCAM pilot and demo production plants

Metso Corp. (Espoo, Finland) announced plans to launch pilot and demonstration plants for the development and production of pCAM (precursor cathode-active material), supporting customers in their pCAM-related R&D and process development. These pilot and demo plants are based on advanced…

Technology alliance for producing SAF from municipal solid waste

Honeywell (Charlotte, N.C.; www.honeywell.com), Johnson Matthey (London, U.K.; www.matthey.com), GIDARA Energy (Schiphol, the Netherlands; www.gidara-energy.com) and SAMSUNG E&A (Seoul, South Korea; www.samsungena.com) today announced the formation of a strategic technology alliance to bring a groundbreaking end-to-end global solution to market…

Aditya Birla Group acquires Cargill specialty-chemical manufacturing facility in Georgia

Aditya Birla Group (Mumbai, India; www.adityabirla.com), a leading Indian multinational conglomerate, today announced the expansion of its U.S. Advanced Materials business with the acquisition of Cargill Incorporated’s (Wayzata, Minn.; www.cargill.com) 17-acre specialty chemical manufacturing facility in Dalton, Ga. The acquisition…

LyondellBasell enters agreement for the sale of Aequita olefin/polyolefin assets in Europe

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) today announced that it has entered into an agreement and exclusive negotiations with AEQUITA (Munich, Germany; www.aequita.com) for the sale of select olefins and polyolefins assets and the associated business in Europe. The sites to…

Carbon Clean and MODEC collaborate to accelerate scaleup of carbon-capture technology for FPSO vessels

Carbon Clean (London, U.K.; www.carbonclean.com), a global leader in carbon capture solutions, and MODEC (Tokyo, Japan; www.modec.com), a leading provider of offshore floating platforms, have signed a landmark agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology…

CSB issues final report on 2024 explosion at liquid nitriding facility in Tennessee

The U.S. Chemical Safety and Hazard Investigation Board (CSB; Washington, D.C.; www.csb.gov) today released its final report into the fatal explosion and eruption at the Techniques Surfaces USA liquid nitriding  facility in Chattanooga, Tennessee, that fatally injured an employee on…

thyssenkrupp nucera awarded FEED study for 600-MW green-hydrogen project in Europe

Thyssenkrupp nucera AG & Co. KGaA (Dortmund, Germany) has been commissioned to carry out a Front-End Engineering Design (FEED) study for a large-scale hydrogen project in Europe. The planned water electrolysis plant will have a capacity of approximately 600 megawatts.…

Stepan increases alpha olefin sulfonates production capacity by 25%

Stepan Co. (Northbrook, Ill.) announced a significant increase in its production capacity for Alpha Olefin Sulfonates (AOS). Through strategic capital investments and process improvements, Stepan has expanded its AOS capacity by 25%. With the broadest network of sites and plants…

Lummus and InnoVent Renewables join forces to promote tire recycling technology

Lummus Technology (Houston) and InnoVent Renewables announced the signing of a Memorandum of Understanding (MoU) to work toward licensing and deploying InnoVent's continuous tire pyrolysis technology globally. "This is another significant step in expanding and strengthening our portfolio for the…

Ineratec begins production at Europe’s largest e-fuels plant

Ineratec GmbH (Karlsruhe, Germany)  inaugurated ERA ONE, a Power-to-Liquid plant for the production of e-Fuels and e-Chemicals that will usher in a new era of sustainable mobility. The plant in Frankfurt-Höchst is the largest of its kind in Europe and…