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Enterprise acquires ethylene storage business from NOVA Chemicals

Enterprise Products Partners L.P. (Houston) and NOVA Chemicals Corp. (Calgary, Alberta, Canada)  announced that a subsidiary of Enterprise has acquired a wholly owned subsidiary of NOVA Chemicals, which operates an ethylene storage business and trading hub in Mont Belvieu, Texas.…

Sasol and IDC formalize partnership to co-develop South Africa’s hydrogen economy

Sasol Ltd. (Johannesburg, South Africa) and the Industrial Development Corporation of South Africa Limited (IDC) have concluded a memorandum of cooperation (MOC) to jointly develop and shape an enabling environment to advance South Africa's green hydrogen economy. Underpinning the MOC…

TotalEnergies and Veolia to partner on microalgae-based biofuels project

TotalEnergies and Veolia (both Paris, France) have joined forces to accelerate the development of microalgae cultivation using CO2. The two partners will pool their know-how to develop a four-year research project at the La Mède biorefinery, operated by TotalEnergies, with…

Mitsubishi Chemical licenses bio-based polyester technology to Kuraray

Mitsubishi Chemical Corp. (MCC; Tokyo) announced that it has signed a licensing agreement with Kuraray Co. (Tokyo) for the patent to a biomass-based polyester technology. The products covered by this license include polyethylene terephthalate (PET), which use renewable biomass resources,…

Valmet and Neles announce merger plans

Valmet Oyj (Espoo, Finland) and Neles Corp. (Helsinki, Finland) announce that their respective Boards of Directors have today signed a combination agreement and a merger plan to combine the two companies through a merger. The Combined Company will be a…

Indorama to build PET recycling plant in West Java, Indonesia

Indorama Ventures Ltd. (IVL; Bangkok, Thailand) announced it will build a facility in Karawang, West Java, Indonesia to recycle almost 2 billion plastic bottles a year in support of the government’s plan to reduce ocean debris. The facility, which is…

Maire Tecnimont awarded EPCC contract for IOCL’s new polypropylene plant

Maire Tecnimont S.p.A. (Milan, Italy) announces that a consortium composed of its subsidiaries Tecnimont S.p.A. and Mumbai-based Tecnimont Pvt Ltd. has been awarded an EPCC (Engineering, Procurement, Construction and Commissioning) Lump-Sum contract by IndianOil Corp. Ltd. (IOCL; New Delhi) for…

Solvay and Veolia announce key battery-recycling proof-of-concept

As part of their partnership to enable the circular economy of EV battery metals in Europe through closed-loop recycling, Solvay S.A. (Brussels, Belgium) and Veolia (Paris, France) have entered a Joint Operation Agreement to begin their collaboration in a demonstration…

Dow to add new silicones, propylene glycol and specialty materials capacity

Dow, Inc. (Midland, Mich.) announced a series of incremental, high-return capacity expansions to support growing demand across key end-markets, all of which value sustainable solutions and continue to grow faster than GDP. In Dow’s Consumer Solutions business, several key growth…

BASF acquires catalyst-recycling facility in Texas

BASF SE (Ludwigshafen, Germany) has expanded its chemical catalyst recycling capacity and capability with the acquisition of Zodiac Enterprises LLC in Caldwell, Texas. The site recycles precious metals from industrial scrap, primarily chemical catalysts, and will complement BASF’s existing precious…