Mobile Navigation

Latest News: Business

BASF expands its Lavergy enzyme product line

With the latest expansion of its enzyme portfolio, BASF SE (Ludwigshafen, Germany) is stepping up its game as an innovation leader and provider of key ingredients for the home care and industrial & institutional cleaning (I&I) industry. Enzymes are essential…

Chemical Activity Barometer rose in October, but decelerated, ACC says

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.9 percent in October on a three-month moving average (3MMA) basis, a marked deceleration from the 1.5 percent gain in…

Major green-methanol complex to be built in Belgium

Ten private-and public-sector partners have launched the North-C-Methanol project. Together, they will reduce CO2 emissions by 140,000 tons annually and generate 44,000 tons of “green” methanol locally, which can be used as feedstock for the chemicals and renewables industries, as…

Italian utility Snam invests in electrolyzer manufacturer ITM Power

Snam S.p.A. (Milan, Italy) signed a partnership agreement with ITM Power Plc (Sheffield, U.K.), a company that is among the largest global producers of electrolyzers, essential components in obtaining hydrogen from renewable sources through the electrolysis of water. The agreement…

IFPEN launches carbon-capture pilot with partners ArcelorMittal and Total

The four-year Dinamx “Demonstration and innovative applications of the DMX process” project has been launched by partners IFP Energies nouvelles (IFPEN; Rueil-Malmaison, France), Total Refining & Chemicals and ArcelorMittal France. Coordinated by Axens, the objective is to demonstrate the DMX…

Preem begins conversion of Lysekil refinery for renewable-fuels production

Swedish energy and biofuels producer Preem AB (Stockholm, Sweden) has begun a major conversion project at its petroleum refinery in Lysekil, Sweden, which will rebuild the Lysekil refinery to become Scandinavia's largest producer of renewable fuels. In the latest update…

Celanese to add new production line for UHMW-PE at Bishop, Texas site

Celanese Corp. (Dallas, Tex.), announced the addition of a new GUR ultra-high molecular weight polyethylene (UHMW-PE) production line at its Bishop, Texas manufacturing facility to support the significant growth in its high-value GUR engineered materials portfolio.  “Electric vehicle demand is…

MAN Energy Solutions to lead Danish consortium developing ammonia-fueled engine

Innovation Fund Denmark, the Danish investment entity, has announced the establishment of a consortium to develop a two-stroke, ammonia-fuelled engine for maritime shipping. It aims to specify and demonstrate an entire, marine-propulsion system that will pave the way for the…

Repsol to build Spain’s first advanced biofuels plant

Repsol S.A. (Madrid, Spain) will build the first production plant for advanced biofuels in Spain at its Cartagena refinery. From this new facility, the multi-energy company, committed to the circular economy as a tool for efficient resource use and emissions…

Vattenfall and Aker Carbon Capture sign MoU for bio-CCS projects

Vattenfall AB (Stockholm, Sweden) has signed a Memorandum of Understanding (MoU) with Aker Carbon Capture (Lysaker, Norway) to accelerate the evaluation of future carbon capture plants in Sweden and Northern Europe. The agreement will support Vattenfall´s ambitions to achieve negative…