Baker Hughes (Houston) and Dussur, a firm owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), have signed an agreement to form a joint venture company (JV) focused on providing oilfield and…
Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), a group company of Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo), has signed a memorandum of understanding (MOU) with Tokuyama Corp. (Tokyo), one of Japan’s leading chemicals/cement manufacturers, on the implementation of a CO2 capture…
Black & Veatch (Overland Park, Kan.) and The Green Solutions (TGS) have signed a Memorandum of Understanding (MoU) to advance the production and supply of green hydrogen and green ammonia in Vietnam. Specializing in renewable energy project development, manufacturing and…
BASF Venture Capital GmbH (BVC), the corporate venture company of BASF Group, announced a strategic investment in Oceanworks, a sustainable plastic solutions provider that brings traceability and transparency through digitalization to recycled plastics. Oceanworks is based in the U.S. and…
Eastman Chemical Co. (Kingsport, Tenn.) has joined 4evergreen, a cross-industry alliance that focuses on the circularity of fiber-based packaging to contribute to a climate-neutral, sustainable society. The goal of the alliance is to raise the overall recycling rate of fiber-based…
McDermott International Inc. (Houston) announced that its storage business, CB&I, will design and build two 500,000-gallon double-wall liquid hydrogen spheres for Plug Power Inc.’s (Latham, N.Y. new green hydrogen production facility in Genesee County, New York. The production facility, leveraging…
Evonik (Marl, Germany; www.evonik.com) has invested a double-digit million euro sum to increase production capacity for isobutene derivatives at its Marl location. The isobutene part of the C4 production network produces the petrochemical specialties tertiary butanol (TBA), di-isobutene (DiB) and…
Proceeding on the target of commercializing chemical recycling of waste plastic, Neste Corp. (Espoo, Finland) is conducting a feasibility study to examine investing in capacity for processing liquefied waste plastic at its refinery in Porvoo, Finland. The goal is to…
Solvay S.A. (Brussels, Belgium) announced that it is partnering with Mitsubishi Chemical Advanced Materials (MCAM) to recycle end-of-life medical components. Medical equipment made using Solvay’s Udel high-performance polysulfone (PSU) thermoplastic will be recycled at the end of their useful lives in…
Wacker Chemie AG (Munich, Germany) announced that it has signed agreements with Norwegian power producer Statkraft to secure that around 40 percent of the electricity needs at the silicon metal production site at Holla in Norway will be met by…