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ExxonMobil launches Low Carbon Solutions business unit

ExxonMobil has created a new business to commercialize its extensive low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage, one of the critical technologies required to achieve net zero emissions and…

Solvay and Leonardo launch high-tech composites research lab

Solvay S.A. (Brussels, Belgium) and technology company Leonardo announced the launch of a joint research lab dedicated to the development of novel composite materials and production processes critical for the future of the aerospace industry. This collaboration represents an important milestone in…

Clariant and Harbin Hulan Sino-Dan Jianye Bio-Energy sign license agreement for sunliquid cellulosic-ethanol technology in China

Clariant (Muttenz, Switzerland) has signed a license agreement with Harbin Hulan Sino-Dan Jianye Bio-Energy (www.zdjygroup.com) for Clariant'c sunliquid cellulosic-ethanol technology. Harbin Hulan Sino-Dan Jianye Bio-Energy, a subsidiary of the Sino-Dan Jianye Group was formed in the early 2010s and has…

International private-equity consortium to acquire DuPont Clean Technologies for $510 million

An international private-equity consortium consisting of BroadPeak Global LP, Asia Green Fund (AGF) and The Saudi Arabian Industrial Investments Company (Dussur) announced that they have signed a definitive agreement whereby the Group will purchase the Clean Technologies business of DuPont…

Hengyi Industries selects Univation’s technology for new polyethylene project in Brunei

Hengyi Industries Sdn. Bhd., has selected Univation Technologies’ (Houston) UNIPOL PE Process for its world-scale 600,000-ton/yr polyethylene (PE) plant to be located in Palau Muara Besar, Brunei. The new PE plant will be integrated into a larger refinery and petrochemicals…

Australia unveils national network of hydrogen-technology clusters

A network of regional hydrogen technology clusters has today been unveiled across Australia, as part of a drive to establish a nationwide hydrogen cluster. Spearheaded by National Energy Resources Australia (NERA), the national cluster (which would operate as a virtual…

Volkswagen Group Components commences battery-recycling pilot

Volkswagen Group Components opened the Group’s first plant for recycling electric car batteries in Salzgitter, Germany. As pilot operation commences, the Volkswagen Group takes another committed step towards sustainable end-to-end responsibility for the entire value chain of the electric vehicle…

Lukoil commissions high-viscosity oils plant at Volgogad Refinery complex

Lukoil (Moscow, Russia) has commissioned a new production complex at its Volgograd Refinery. Presidential Plenipotentiary Envoy to the Southern Federal District Vladimir Ustinov, Russian Minister of Energy Nikolai Shulginov, Governor of the Volgograd region Andrei Bocharov and President of LUKOIL…

Stepan acquires Invista’s aromatic polyester polyol business

Stepan Co. (Northfield, Ill.) announced that it has purchased Invista's (Wichita, Kan.) aromatic polyester polyol business and associated assets.  Included in the transaction are two manufacturing sites, one in Wilmington, NC (United States) and the other in Vlissingen (the Netherlands), and…

Eastman Chemical to build world-scale molecular-recycling facility

Eastman Chemical Co. (Kingsport, Tenn.) CEO Mark Costa and Tennessee Governor Bill Lee announced the company's plans to build one of the world's largest plastic-to-plastic molecular recycling facilities at its site in Kingsport, Tenn. Through methanolysis, this world-scale facility will…