LG Chem Ltd. (Seoul, South Korea) has launched the largest Carbon Nanotube (CNT) manufacturing plant in Korea. The company is actively targeting the rapidly growing CNT market, widely used as the material for cathodes in electric vehicle batteries. LG Chem’s…
Orbia (Mexico City, Mexico) announced its fourth venture-capital investment through Orbia Ventures. Orbia led a $20 million investor syndicate in backing Battery Resourcers (BR), a vertically integrated lithium-ion battery recycling and manufacturing company. Series B financing will support Battery Resourcers…
New Hope Energy (Tyler, Tex.) has signed a long-term agreement with Chevron Phillips Chemical LP (CP Chem; the Woodlands, Tex.) to provide ISCC PLUS certified renewable chemical feedstock produced through pyrolysis. New Hope Energy builds advanced recycling plants that process…
W R. Grace & Co. (Columbia, Md.) has licensed its UNIPOL PP Process Technology to the new MTO Gas Chemical Complex located in the Bukhara region of Uzbekistan to Enter Engineering. The UNIPOL PP Technology facility is expected to be…
Avantium N.V. (Amsterdam. The Netherlands) has completed the application validation for its plant-based glycols plantMEG and plantMPG produced in the Ray Technology demonstration plant in Delfzijl. Key applications include polymerization to PEF and PET polyesters and functional fluids used for de-icing and heat transfer. Proving the…
Maire Tecnimont S.p.A. (Rome, Italy) announced that its subsidiaries Tecnimont S.p.A. and Tecnimont Arabia Limited have been awarded by Advanced Global Investment Company (AGIC) a package related to the Integrated PDH-PP complex project, culminating in the realization of two polypropylene units…
Chevron Corp. (San Ramon, Calif.) and Honeywell (Charlotte, N.C.) announced the commissioning and startup of the world's first commercial-scale ISOALKY process unit that utilizes ionic liquids to produce alkylate. The ISOALKY technology represents a major innovation in alkylation technology. First used…
Sika AG (Baar, Switzerland) has expanded its production capacity for concrete admixtures and has started manufacturing epoxy resins in Qatar. Epoxy resins are key components in high-quality floor coverings and adhesives. With its enlarged portfolio and its local production capacity,…
KBR, Inc. (Houston) announced that it has signed a license agreement with JS Energy Limited for its proprietary K-PRO Propane Dehydrogenation (PDH) technology to convert propane into propylene for JS Energy’s planned PDH project in Pakistan, which is expected to be commissioned in 2024. Launched in 2019, K-PRO is positioned to…
Toyo Engineering Corporation (Chiba, Japan) has been awarded a contract for a project to construct an Ethylene Pilot Plant, using waste-derived ethanol as raw material, planned by Sumitomo Chemical Co., Ltd. at its Chiba Works. Sumitomo Chemical has established a…