Saft Group S.A. (Levallois-Perret, France) has opened a new manufacturing hub for energy storage solutions (ESS) in Zhuhai, China. This will enhance the company’s capacity to serve the global ESS market and support the transition to renewable energy. The new…
Direct and close customer support has always been in the focus of Büchi Labortechnik AG (Flawil, Switzerland). Therefore, the company has further expand its direct distribution network by establishing Buchi Ibérica S.L. in Barcelona, covering the Spanish market. The new…
Neste Corp. (Espoo, Finland) has agreed to acquire Bunge Loders Croklaan's refinery plant located in Rotterdam, the Netherlands for a purchase price of 258 million euros. The refinery plant is located next to Neste’s existing biorefinery and it consists of…
Praj Industries Ltd. (Pune, India) has inaugurated a demonstration plant that deploys innovative technology for the production of Compressed Biogas (CBG). Located in the Praj Matrix R&D campus, the plant deploys Praj’s technology which utilizes a proprietary microbial consortium made…
Neste Corp. (Espoo, Finland) and LG Chem Ltd. (Seoul, South Korea) announced their aim to build a strategic long-term partnership to develop and grow the biopolymers and biochemicals market globally, and more specifically, in LG Chem’s home market Korea. Thanks to…
Baker Hughes (Houston) announced that it is acquiring Compact Carbon Capture (3C), a pioneering technology development company specializing in carbon capture solutions. The acquisition underpins Baker Hughes’ strategic commitment to lead in the energy transition by providing decarbonization solutions for…
Following a strategic carve-out from the Lloyd’s Register (LR) Group, LR’s Energy business is now Vysus Group. Vysus Group is a leading engineering and technical consultancy offering specialist asset performance, risk management and project management expertise across complex industrial assets,…
SIBUR (Moscow, Russia) has rolled out a novel solution that makes it possible to accurately model physical and chemical processes at petrochemical facilities. The pilot was launched at Tomskneftekhim, where low-density polyethylene reactor was digitally modelled to deliver a considerable…
Showa Denko K.K. (SDK; Tokyo) has established Chengdu Kemeite Showa Electronic Materials Co., Ltd. in Chengdu, China, jointly with Chengdu Kemeite Special Gas Co., Ltd. of China, aiming to strengthen SDK’s business to produce and sell high-purity gases for electronics.…
RWE AG (Essen, Germany) is developing Eemshydrogen, an innovative project for green hydrogen production at Eemshaven, the Netherlands, to demonstrate the feasibility of an integrated hydrogen value chain with vast scaling potential. To contribute to the economic viability of the…