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Latest News: Business

CF Industries announces green ammonia project in Louisiana

CF Industries Holdings, Inc. (Deerfield, Ill.), a global manufacturer of hydrogen and nitrogen products, announced significant steps to support a global hydrogen and clean fuel economy, which is expected to grow significantly over the next decade, through the production of…

Vow ASA enters into decarbonization partnership with Repsol

Biomass-conversion specialist Vow ASA (Oslo, Norway) has, through its subsidiary ETIA, entered into a strategic partnership agreement with Repsol S.A. (Madrid, Spain) to explore multiple applications and solutions to produce clean and renewable energy for CO2 emission reduction. “We are very…

IOCL and IISc take steps to strengthen India’s hydrogen economy

IndianOil Corp. Ltd. (IOCL; New Delhi) has inked an MoU with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation technology. The process will help produce fuel cell grade hydrogen at an affordable price…

Lubrizol and Grasim Industries partner for India’s largest CPVC resin plant

To meet growing demand for chlorinated polyvinyl chloride (CPVC) pipe and fittings in India, Lubrizol Advanced Materials (Wickliffe, Ohio) and Grasim Industries Ltd., a flagship company of the Aditya Birla Group, have entered into a definitive agreement to manufacture and…

Chiyoda and Toshiba to launch world’s first bioenergy plant equipped with large-scale carbon-capture

Chiyoda Corp. (Yokohama, Japan) has completed the engineering, procurement and construction (EPC) operations contracted with Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) in 2016 for a large-scale carbon capture facility at the 50,000-kW Mikawa Power Plant to be operated…

Aliplast and NextChem team up for plastics recycling

Maire Tecnimont S.p.A. (Milan, Italy) and Hera Group announced the signing of a strategic agreement between Aliplast, Hera Group’s subsidiary for the collection, recycling and conversion of plastics, and NextChem, Maire Tecnimont Group’s company for the development of projects and…

BP to cease production at Kwinana Refinery and convert to fuel ‎import terminal

bp Australia announced that it will cease fuel production at its Kwinana Refinery and ‎convert it to an import terminal, helping to ensure ongoing security of fuel supply for Western ‎Australia. The refinery, near Fremantle, has provided fuels for Western Australia…

LafargeHolcim and Carbon Clean to develop large-scale CCUS plant in Spain

Carbon Clean (London, U.K.), a leader in low-cost modular carbon dioxide capture and separation technology announced that that it has signed an agreement in Spain with LafargeHolcim - the world’s global leader in building solutions - ECCO2 and Sistemas de…

Linde signs long-term agreement to supply high-purity gases to Samsung Electronics

Linde plc (Guildford, U.K.) announced today that it has entered into a long-term agreement with Samsung Electronics to supply ultra-high purity industrial gases for its latest semiconductor facilities in Pyeongtaek, South Korea. Linde is currently the main supplier of industrial…

Sibur selects Univation to provide PE process technology for Amur mega-project

Amur Gas Chemical Complex, LLC (AGCC), the project being implemented by Sibur (Moscow, Russia), the largest integrated petrochemicals company in Russia, has selected Univation Technologies’ (Houston) UNIPOL PE Process for three world-scale polyethylene (PE) reactor lines. These three lines will…