ExxonMobil Corp. (Houston) announced a unique process technology to enable the manufacture of sustainable aviation fuel (SAF) from renewable methanol. “ExxonMobil is advancing integrated solutions to extend our Carbon Capture & Storage (CCS) and Hydrogen capabilities to support the decarbonization…
BASF Shanshan Battery Materials Co., Ltd. (BSBM), a BASF majority-owned company in China (BASF 51%; Shanshan 49%), is expanding its battery materials capacity in Changsha, Hunan Province, and Shuizuishan, Ningxia Province, to meet the fast-growing local and global demands of…
Kemira Oyj (Helsinki, Finland) and Veolia Wasser Deutschland announced their collaboration in the full-scale technology assessment of the new phosphorus recovery technology called ViviMag. ViviMag is a patented technology to recover phosphorus and other valuable resources, such as iron, from…
Genomatica, Inc. (Geno; San Diego, Calif.) and Unilever (London) have launched a venture to scale and commercialize alternatives to palm oil and fossil fuel-derived cleansing ingredients. These are integral to the formulations of thousands of everyday cleaning and personal care…
PETRONAS Chemicals Group Berhad (PCG; Kuala Lumpur, Malaysia) recently signed an agreement with its joint venture (JV) company, BASF PETRONAS Chemicals Sdn Bhd (BPC), to acquire the 113,000-metric-ton/yr maleic anhydride (MAn) plant located in Gebeng, Kuantan. The MAn plant was…
Elkem ASA (Oslo, Norway) has entered into an agreement to acquire KeyVest Belgium S.A, a specialist company in the sourcing of materials and production of metal powders to the refractory industry and other segments including advanced ceramics. This will expand…
LG Chem Ltd. (Seoul, South Korea) announced a plan to establish a plant in Daesan, Korea, with the capacity to produce 50,000 tons of hydrogen annually by the second quarter in 2024. This plant will be the first LG Chem…
Toray Industries, Inc. (Tokyo) announced the establishment of a joint venture (JV) with LG Chem, LG Chem Ltd. (Seoul, South Korea), in which Toray and LG Chem each hold a 50% interest, following the announcement on October 27, 2021 that…
Shell Chemicals and Dow have started up an experimental unit to electrically heat steam cracker furnaces at the Energy Transition Campus Amsterdam, The Netherlands. This represents a key milestone in the companies’ joint technology program to electrify steam cracking furnaces,…
bp plc (London) agreed to acquire a 40.5% equity stake in and to become operator of the Asian Renewable Energy Hub (AREH), which has the potential to be one of the largest renewables and green hydrogen hubs in the world.…