Mobile Navigation

Latest News: Business

Perstorp opens wastewater purification facility at Stenungsund production site

Perstorp AB (Malmö, Sweden) has celebrated the opening of a facility that will enable wastewater from the water treatment plant run by the municipality to be further purified and reused for cooling at the Perstorp Oxo production plant in Stenungsund.…

CF Industries and JERA to develop low-carbon ammonia project in the U.S.

CF Industries Holdings, Inc. (Deerfield, Ill.) and JERA Co., Inc. (Tokyo) , Japan’s largest energy company,  announced that they have executed a joint development agreement (JDA) to explore the development of greenfield low-carbon ammonia production capacity at CF Industries’ Blue…

Arkema acquires majority stake in ionic liquids startup firm

Arkema S.A. (Colombes, France) has signed an agreement to acquire a majority stake of nearly 78% in Proionic, a leading startup in the production and development of ionic liquids, which are key components for the next generation of lithium-ion batteries.…

Neste annouces first success in processing pyrolysis oil from discarded tires

In its efforts to advance chemical recycling, Neste Corp. (Espoo, Finland) has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics…

Auburn’s McCrary Institute and Oak Ridge National Lab partner on pilot cybersecurity and operations center

Auburn University’s McCrary Institute for Cyber and Critical Infrastructure Security (Auburn, Ala.; eng.auburn.edu/mccrary) was awarded a $10 million Department of Energy grant in partnership with Oak Ridge National Laboratory (ORNL; Oak Ridge, Tenn.; www.ornl.gov) to create a pilot regional cybersecurity…

Solvay opens production unit in Italy for new blowing-agent product

Solvay S.A. (Brussels, Belgium) announced the opening of its Alve-One production unit in Rosignano, Italy. This marks a new milestone with the launch of a significant European production facility for Alve-One, a chemical blowing agent eco-designed to transform the thermoplastic foaming…

Linde to build 5-MW electrolyzer for green-hydrogen production in Brazil

Linde plc (Guilford, U.K.) announced that its subsidiary White Martins will build, own and operate a second electrolyzer to produce green hydrogen for the southeast region of Brazil. The five-megawatt pressurized alkaline electrolyzer plant will be located next to the…

German large-scale plant engineering grows in a volatile market environment

At €24.3 billion, incoming orders booked in Germany by the members of the VDMA Large-scale Plant Engineering Group (AGAB; Frankfurt am Main) in Germany in 2023 were 15.7% higher than in the previous year (2022: €21.0 billion). This figure represents…

BASF, SABIC and Linde start up first large-scale electric steam-cracking furnace

BASF SE (Ludwigshafen, Germany), SABIC (Riyadh, Saudi Arabia) and Linde plc (Guildford, U.K.) have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces. Following three years of development, engineering, and construction work, the regular operation of…

Vitol acquires BioMethane Partners to form new landfill-gas conversion entity

Vitol (Geneva, Switzerland) announced the acquisition of renewable energy company, BioMethane Partners, to form Vitol BioMethane (VBM). VBM is a Texas-based landfill-gas-to-energy company, whose leadership has more than 100 years of combined experience in designing, building, and operating gas collection…