Hexion Inc. (Columbus, Ohio) announced that it has entered into a definitive agreement to sell its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial. The consideration consists of $335…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 1.6 percent in September on a three-month moving average (3MMA) basis, following a 2.7 percent gain in August. On a…
Saudi Aramco and the Institute of Energy Economics, Japan (IEEJ), in partnership with SABIC, have successfully demonstrated the production and shipment of blue ammonia from Saudi Arabia to Japan with support from the Japanese Ministry of Economy, Trade and Industry.…
Tokuyama Corp. (Tokyo) hereby announces that, at a Board of Directors’ meeting held on September 25, 2020, the decision was taken to establish a 50-50 joint venture (JV) in Taiwan with Formosa Plastics Corp. (Taiwan) for the purpose of manufacturing…
The market for battery electric vehicles (BEVs) and stationary battery storage systems is growing rapidly. Ensuring the underlying technologies are both climate friendly and sustainable requires an integrated approach. TÜV SÜD has developed a sustainability assessment scheme for battery production which…
Air Liquide (Paris) has acquired 80% of the capital of the French company Cryoconcept, which specialises in dilution refrigeration - a technology allowing to reach very low temperatures. This transaction enables Air Liquide to strengthen its expertise in the field…
— APPLICATION NOTE Metering gas in renewable energy plants with Swirl flowmeter FSS430, FSS450 Design Description For a direct energy metering the design has to consist of a methane analyzer to measure the volumetric methane content of the gas and…
Siemens Smart Infrastructure (Zug, Switzerland) and WUN H2 GmbH signed a contract to build one of the largest hydrogen production plants in Germany. It will be built in Wunsiedel in the north of Bavaria. With a power intake of 6…
INEOS (London, U.K.) has concluded the largest ever purchase contract of wind energy for heavy industry in Belgium. The 10-year agreement with energy producer ENGIE, for the purchase of renewable electricity will avoid 1,150,000 metric tons of CO2 emissions and…
Total S.A. (Paris, France) and Corbion (Amsterdam, the Netherlands) announced their intention to build a new PLA (Poly-Lactic Acid) bioplastics plant in Europe through their Total Corbion PLA joint venture. The plant is expected to have a capacity of 100,000…