Latest News: Business
BASF to run Poland catalyst-manufacturing plant using renewable energy
BASF SE (Ludwigshafen, Germany) announced that BASF Polska has signed a two-year contract with PGE Obrót S.A. to purchase electricity produced entirely from renewable energy sources - mainly wind - to power its Mobile Emissions Catalysts plant in Środa Śląska,…
Rio Tinto and Sumitomo Chemical studying hydrogen pilot project at alumina refinery in Australia
Rio Tinto plc (London, U.K.) and Sumitomo Chemical Co. (Tokyo, Japan) announced a partnership to study the construction of a hydrogen pilot plant at Rio Tinto’s Yarwun alumina refinery in Gladstone, Australia, and explore the potential use of hydrogen at…
Sika acquires waterproofing specialist in China
Sika AG (Baar, Switzerland) has acquired Shenzhen Landun Holding Co., Ltd., a manufacturer of waterproofing systems in China. The company offers a comprehensive range of waterproofing products and technologies, perfectly complementing Sika’s existing portfolio. The combined offering will provide new…
Marathon and ADM form joint venture for renewable-diesel feedstock production
Marathon Petroleum Corp. (MPC; Findlay, Ohio) and Archer-Daniels-Midland Co. (ADM; Chicago) announced an agreement to form a joint venture (JV) for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel. Under the terms of the…
NuMat Technologies and Sumitomo Chemical to collaborate on decarbonized chemical separation technologies
NuMat Technologies (Chicago, Ill.) announced a partnership with Sumitomo Chemical Co. (Tokyo, Japan) to develop sustainable chemical separation technologies that can efficiently and dramatically reduce the carbon emissions and carbon footprint required to produce critical chemicals used in key sectors of the…
Solvay and SSFC form hydrogen peroxide JV in Taiwan
Solvay S.A. (Brussels, Belgium) and Shinkong Synthetics Fibers Corp. (SSFC), a Taiwan-based global manufacturer of PET polymer materials, announced that they have agreed upon the creation of a new joint venture (JV), Shinsol Advanced Chemicals, for the development, production and…
U.S. chemical production expands in July, ACC says
The U.S. Chemical Production Regional Index (U.S. CPRI) rose 1.1% in July following a 3.5% gain in June and a 5.5% rebound in May, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). During July, chemical output rose in…
Agilyx and Kumho Petrochemical partner on chemical recycling project in South Korea
Agilyx Corp. (Tigard, Ore.), a wholly owned subsidiary of Agilyx AS and Kumho Petrochemical (Seoul, South Korea), a global leader in the manufacture of synthetic rubber, have announced a collaboration to explore the development and construction of a chemical recycling…
Sumitomo Chemical to expand production capacity for high-purity chemicals for semiconductors
Sumitomo Chemical Co. (Tokyo, Japan) plans to expand its production capacity for high-purity chemicals for semiconductors. The Company will install new production lines to double the capacity for high-purity sulfuric acid at its Ehime Works (Niihama city, Ehime, Japan) and…
RWE to collaborate with Ukrainian utility Naftogaz on potential green hydrogen projects
NJSC Naftogaz of Ukraine and German energy trading company RWE Supply & Trading GmbH have signed a memorandum of understanding. Both companies agree to explore mutually beneficial cooperation opportunities along the full value chain of green hydrogen and its derivatives…