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Latest News: Business

Baker Hughes to acquire Chart Industries for $13.6 billion

Baker Hughes, Inc. (Houston) and Chart Industries, Inc. (Atlanta, Ga.) announced that they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to…

Johnson Matthey to open testing center for hydrogen engines

Johnson Matthey plc (JM; London) plans to open its first hydrogen internal combustion engine testing (H2ICE) facility.  The new upgraded facility will be at JM's current Gothenburg site. Alongside the site’s existing diesel engine test cells (both heavy and light…

Hitachi Energy and Air Products launch hydrogen-powered construction site in the Netherlands

Hitachi Energy Ltd. (Zurich, Switzerland) and Air Products (Lehigh Valley, Pa.) successfully introduced HyFlex, its hydrogen-powered generator based on zero-emission fuel cell technology, marking its debut in the Netherlands. The event represents a significant step toward cleaner construction practices, underscoring…

Asahi Kasei Life Science to construct new plant for Planova virus-removal filters

Asahi Kasei Life Science, a division of diversified global manufacturer Asahi Kasei Corp. (Tokyo), announced plans to construct a new spinning plant for its Planova virus-removal filters in Nobeoka City, Miyazaki, Japan. The new facility will be the company’s fourth…

Low-carbon chloromethanes: Nobian receives ISCC PLUS certification for its full portfolio

Nobian Industrial Chemicals B.V. (Utrecht, the Netherlands) announced that is has become the first chemical company in Europe to offer a complete portfolio of ISCC PLUS certified low-carbon chloromethanes.  This certification underscores Nobian’s commitment to reducing carbon emissions across the…

CLG and INA produce SAF from biogenic feedstock in Croatia

Chevron Lummus Global LLC (CLG) announced a successful commercial test for co-processing biogenic feedstocks and fossil feedstocks at INA Group's Rijeka Refinery in Croatia. Conducted at a CLG-licensed hydrocracking unit, the test marked the refinery's first-ever production of sustainable aviation…

Doosan Fuel Cell begins mass production of fuel cell power systems using Ceres technology

Ceres Power Holdings plc (Horsham, U.K.) and Doosan Fuel Cell Ltd. (DFCC) announce that mass market production of fuel cell stacks using Ceres' solid-oxide technology has commenced. Doosan Fuel Cell will manufacture the stacks and fuel cell power systems at…

Repsol invests in Estonian electrolyzer manufacturer Stargate Hydrogen Solutions

Alkaline electrolyzer firm Stargate Hydrogen Solutions OÜ (Tallinn, Estonia) has entered into an alliance with Repsol S.A. (Madrid, Spain).  The transaction, in which Repsol's Corporate Venture arm acquired a minority stake in Stargate Hydrogen's share capital, strengthens Stargate's position as…

Anellotech and R Plus Japan progress commercialization of catalytic cracking technology for plastic waste

Chemical recycling consortium R Plus Japan (RPJ) and Anellotech, Inc. (Pearl River, N.Y.) announced that Plas-TCat, an innovative catalytic cracking technology that transforms mixed plastic waste directly into the base chemicals used to produce new plastics, is moving toward its…

Colorcon opens new film-coating manufacturing plant in Malaysia

 Colorcon, Inc. (Harleysville, Pa.), a manufacturer of of film coating systems, specialty excipients, controlled release formulations and controlled atmosphere packaging for the pharmaceutical and nutraceutical industries, announced the grand opening of a new, state-of-the-art film-coating manufacturing facility in Johor, Malysia.…