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Latest News: Business

Lummus launches PFAS analytical services

Lummus Technology (Houston) announced new analytical services for per- and polyfluoroalkyl substances (PFAS), also known as "forever chemicals." The services provide accurate detection of a wide range of PFAS compounds, helping water and wastewater operators assess contamination levels and monitor…

Nextchem and KazMunayGas-Aero to collaborate on sustainability initiatives in Kazakhstan

MAIRE S.p.A. (Milan) announced that NextChem and KazMunayGas-Aero (KMG AERO) have signed an agreement to collaborate on advancing energy transition initiatives, leveraging on NextChem’s proprietary technology portfolio and process engineering capabilities. These initiatives aim at contributing to the decarbonization and…

Covestro to invest €100 million in global R&D efforts

Covestro AG (Leverkusen, Germany) plans to invest around €100 million in its global R&D infrastructure and assets. With investments over a timeframe of three years until 2025, the global supplier of high-performance materials continues to secure its future competitiveness in…

Honeywell to spin off its Advanced Materials business

Honeywell International, Inc. (Charlotte, N.C.) announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which is targeted to be completed by the end of 2025 or early 2026. Honeywell expects to execute…

Chandra Asri to acquire Shell Energy and Chemicals Park in Singapore

Chandra Asri Group (Jakarta, Indonesia) has signed a Sale and Purchase Agreement with Shell Singapore Pte. Ltd. to acquire Shell Energy and Chemicals Park (SECP) in Singapore. The acquisition was made through a strategic partnership involving Glencore plc and is…

BASF to deliver biomass-balanced ammonia to Evonik

BASF SE (Ludwigshafen, Germany) and Evonik Industries AG (Essen, Germany) have agreed on the first delivery of BASF’s ammonia BMBcertB grade. Thereby, both chemical companies demonstrate their commitment to offer products with a reduced product carbon footprint (PCF). With its…

Orbia’s Building and Infrastructure business opens new manufacturing plant in Indonesia

Orbia Advance Corporation S.A.B. de C.V.’s Building & Infrastructure (B&I) business, Wavin, formally opened its new production plant in new Grand Batang City, Indonesia. The facility will supply the company’s expanding customer base in Indonesia and the Asia Pacific region…

Accelera opens new electrolyzer factory in Spain

Accelera by Cummins, the zero-emissions business segment of Cummins Inc., today celebrated the opening of its new electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain. The sustainably designed facility is expected to create 150 highly skilled jobs in the region,…

Saint-Gobain’s Ceramics division achieves net-zero manufacturing at facility in Anaheim, California

Saint-Gobain North America, through its Ceramics division, has achieved net-zero carbon manufacturing (scopes 1 and 2) at its Surface Conditioning facility in Anaheim, Calif., reducing CO2 emissions by 80 tons compared to 2022 levels. Through this project, the Anaheim facility…

Honeywell and Chevron collaborate on AI-assisted solutions for refining processes

Honeywell International, Inc. (Charlotte, N.C.)  announced a strategic collaboration with Chevron Corp. (Houston) to develop advanced artificial intelligence (AI)-Assisted solutions to help operators make decisions to enhance efficiency for refining processes and improve safety within the industrial automation space. These…