Metso Outotec Corp. (Helsinki, Finland) is introducing the next generation of its Circored process for the direct reduction of iron ore fines. The process uses hydrogen as a reducing agent instead of CO produced from fossil fuels, allowing the iron and…
Clariant Catalysts is participating in Germany’s TransHyDE project AmmoRef, which is tasked to develop process technologies and catalysts for ammonia cracking to facilitate future hydrogen transport, also for large distances. With €14 million in funding from the German Federal Ministry…
W.R. Grace & Co. (Columbia, Md.) has licensed its UNIPOL PP process technology to Oriental Energy for its Maoming, China, plant. This is Oriental Energy’s fifth polypropylene line, and its fourth using Grace’s UNIPOL PP process technology with a production capacity of…
Malta Inc. (Cambridge, Mass.), a developer of grid-scale, long-duration energy storage, and Bechtel (Reston, Va.), announced they are teaming up to pursue new energy storage projects around the world. The companies will work together to develop and deploy Malta's 10-150+…
Arkema (Colombes, France) has announced a 50% global capacity expansion for its Oleris advanced bio-materials, expected to start mid-2022. It includes C7, C11 and C18 materials, comprising n-heptanoic acid, n-heptaldehyde, undecylenic acid and Esterol A. This new production capacity will…
Maire Tecnimont S.p.A. (Milan, Italy) announced that its subsidiary Tecnimont S.p.A. has signed with Abu Dhabi Polymers Company Ltd. (Borouge) three EPC contracts relating to the world-class fourth expansion phase (Borouge 4) of the Ruwais polyolefins complex in Ruwais, located about 240 km west of Abu Dhabi…
Aramco (Riyadh, Saudi Arabia) announced the signing of five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin, a pioneer in clean and intelligent transport solutions. Amin H. Nasser, Aramco President and CEO,…
Solvay Ventures, the venture capital fund of Solvay S.A. (Brussels, Belgium), has invested in DMC Biotechnologies, a U.S.-based biotechnology company. DMC, which stands for Dynamic Metabolic Control, delivers robust and predictably scalable biocatalysts through microbial fermentation. This results in cost-competitive bio-based chemicals…
Saint-Gobain (Courbevoie, France) and GCP Applied Technologies announce that they have entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP for $32.00 per share, in cash, in a transaction valued at…
Versalis S.p.A. (San Donato Milanese), Eni’s chemical company, has agreed to license the continuous mass technology for a 70,000-ton/yr Acrylonitrile butadiene styrene (ABS) unit to Supreme Petrochem Ltd. a leading Indian polystyrene and expandable polystyrene producer. The unit will be…