Monolith Materials Inc. (Lincoln, Neb.; www.monolithmaterials.com) a leader in clean hydrogen and chemical production, today announced it has received an investment from Mitsubishi Heavy Industries Ltd. (MHI; Tokyo, Japan; www.mhi.com) to support its innovative commercial-scale, emissions-free hydrogen manufacturing technology.…
Royal DSM (Herleen, the Netherlands; www.dsm.com), a global science-based company in nutrition, health and sustainable living, today announced that it will start a strategic partnership with Neste (Espoo, Finland; www.neste.com), the world’s leading producer of renewable diesel and sustainable aviation…
MOL has opened a new polyol research and development center, named after György Mosonyi, the late CEO of MOL (Budapest, Hungary; www.molgroup.info), in Százhalombatta, Hungary to develop polyol products that meet the needs of customers. The experimental reactor system, which…
Braskem (São Paulo, Brazil) and Haldor Topsoe A/S (Lyngby, Denmark) have announced that they achieved their first-ever demo-scale production of bio-based monoethylene glycol (MEG). As a result of the collaboration between the two companies, the MOSAIK technology development has been progressing…
Solvay S.A. (Brussels, Belgium) has reached an agreement with Latour Capital to sell its technical-grade barium and strontium business in Germany, Spain and Mexico as well as its sodium percarbonate business in Germany. Solvay’s barium and strontium business includes a joint venture…
Ineos (London) announced that INEOS Olefins and Polymers USA that it has agreed to principle terms with Sasol Chemicals North America LLC to acquire its 50% membership interest in Gemini HDPE LLC (Gemini) for $404 million. Gemini is a toll-manufacturer…
Sinopec (Beijing, China) has established strategic cooperation with three top institutions in Beijing, China, to take lead in a joint research on the energy and chemical industry's carbon emissions peak and carbon neutrality. Sinopec invited thought leaders and experts in…
Perstorp AB (Malmö, Sweden) has developed a production concept to produce methanol from a large variety of recovered end-of-life streams and hydrogen from electrolysis. Project AIR will build a first-of-a-kind, large scale, commercial Carbon Capture and Utilization (CCU) unit to…
Arkema SA (Colombes, France) has started up its 50% capacity increase of Kynar fluoropolymer for the lithium-ion battery business at its Changshu plant in China in December 2020, with the first commercial supplies for January 2021. Driven by strong growth…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.8 percent in November on a three-month moving average (3MMA) basis, following a 1.0 percent gain in October. On a…