Acciona (Madrid, Spain) and Plug Power Inc., (Latham, N.Y.) a global leader in hydrogen fuel cell systems and fueling solutions, announced the signing of a memorandum of understanding (MOU) to launch a 50-50 joint-venture (JV) headquartered in Madrid. The JV…
Summit Agricultural Group (Alden, Iowa) announced the creation of Summit Carbon Solutions, a new business platform that will address the global challenge of decarbonization by developing the world’s largest carbon capture and storage (CCS) project. In doing so, Summit Carbon…
Engie S.A. (La Défense, Courbevoie, France) and Equinor Energy AS (Stavanger, Norway) signed a memorandum of understanding to investigate the development low-carbon hydrogen value chains in Belgium, the Netherlands and France. In the coming months, ENGIE and Equinor will start…
Técnicas Reunidas S.A. (TR; Madrid, Spain) and SASA Polyester have entered into a contract for the execution of a new petrochemical project for the production of PTA (Purified Terephtalic Acid) in Adana, Turkey. The new plant will have a capacity…
Stepan Co. (Northfield, Ill.) has closed on the acquisition of a fermentation plant located in Lake Providence, Louisiana. Financial terms of the transaction were not disclosed. "Fermentation is a new platform technology for Stepan Company as we look to commercialize…
Yara International ASA (Oslo, Norway) has signed a Letter of Intent with Statkraft and Aker Horizons, aiming to establish Europe’s first large-scale green ammonia project in Norway, enable the hydrogen economy and accelerate the green energy transition. The partners will…
DuPont Water Solutions (Wilmington, Del.) announced a collaboration with Vulcan Energy Resources (Perth, Australia), a lithium and renewable energy project developer, to test and scale up Direct Lithium Extraction solutions for Vulcan’s world-first Zero Carbon Lithium extraction process. As the…
The Abu Dhabi National Oil Company (ADNOC), announced that it has added White Spirit and Solvents to its refined products portfolio. This allows ADNOC to capture more value from Abu Dhabi’s natural resources, producing products that can be used by…
The preliminary value for the CE Plant Cost Index (CEPCI) for December 2020 (the most recent available) shows a pronounced increase from the previous month’s value. The current increase is the third consecutive monthly increase, although the November value was…
Enel Green Power (Rome, Italy) and Saras Group (Cagliari, Italy) signed a memorandum of intent to develop a green hydrogen project in Sardinia. The solution being studied involves using a 20-MW electrolyzer powered by renewable energy produced onsite to provide…