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 (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 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…
BASF SE (Ludwigshafen, Germany) is building a new pilot plant center for its catalysts business at its Ludwigshafen site. The new Catalyst Development and Solids Processing Center will serve as a global hub for pilot-scale production and process innovations of…
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 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 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…
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…
KBR, Inc. (Houston) announced that it has signed an alliance agreement with Johnson Matthey plc (JM; London) to license the FORMOXTM Integrated UFC Technology (iUFCTM). The innovative iUFC technology consists of JM’s methanol and UFC (Urea Formaldehyde Concentrate) production processes integrated with…
Lukoil (Moscow, Russia) announced the start of a catalytic cracking complex construction project at the Perm refinery. The project is implemented under an agreement with the Ministry of Energy of the Russian Federation on providing an investment incentive as part…