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Latest News: Business

Aramco, Carbon Clean and Samsung E&A partner on carbon-capture project

Aramco (Dhahran, Saudi Arabia; www.aramco.com), one of the world’s leading integrated energy and chemicals companies, has signed a collaboration agreement with Carbon Clean (Houston, Tex.; www.carbonclean.com) and SAMSUNG E&A (Seoul, South Korea; www.samsungena.com) to demonstrate a new carbon capture technology.…

LyondellBasell’s van der Laan awarded Winthrop-Sears Medal from The Chemist’s Club in New York

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) today announced that Yvonne van der Laan, executive vice president of circular and low carbon solutions (CLCS), has been awarded the prestigious Winthrop-Sears medal by The Chemists' Club (New York, N.Y.; www.thechemistsclub.org). The accolade was…

Hexion acquires autonomous manufacturing firm Smartech

Hexion Inc. (Columbus, Ohio) announced its acquisition of Smartech, a cutting-edge technology company at the forefront of AI-driven autonomous manufacturing solutions. This strategic acquisition, Hexion's first in a decade, marks a bold step in the company's strategy to revolutionize the…

Topsoe selected as technology provider for Triskelion e-methanol project

Topsoe (Lyngby, Denmark; www.topsoe.com), a global leader in carbon emission reduction technologies, has been chosen as a technology provider and engineering partner for the Triskelion project, located in Galicia, Spain. The project, owned by the Spanish shipping and chemicals company…

PPG completes on-site solar installation at Caivano, Italy facility

PPG Industries (Pittsburgh, Pa.; www.ppg.com) today announced the completion of an on-site solar installation at its Caivano, Italy facility that will enable progress toward the company’s 2030 greenhouse gas emissions reduction targets. The project is part of a partnership with…

Aramco, TotalEnergies, SIRC to assess potential SAF project in Saudi Arabia

Aramco (Dharan, Saudi Arabia; www.aramco.com), one of the world’s leading integrated energy and chemicals companies, TotalEnergies (Corbevoie, France; www.totalenergies.com), a global multi-energy company that produces and markets energies, and Saudi Investment Recycling Company (SIRC; Riyadh, Saudi Arabia; www.sirc.sa), a major…

Nel Hydrogen signs contract for electrolyzer equipment to Samsung C&T for ‘pink’ hydrogen project

Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Oslo, Norway; www.nelhydrogen.com), has signed a new contract for 10 MW of alkaline electrolyzer equipment for about EUR 5 million with Samsung C&T Corporation Engineering & Construction Group (‘Samsung C&T’) for…

Dow completes sale of flexible packaging laminating adhesives business to Arkema

Dow (Midland, Mich., www.dow.com) announced the completion of its previously announced sale of the company's flexible packaging laminating adhesives business, within Dow's Packaging & Specialty Plastics segment, for $150 million, to Arkema S.A. (Colombes, France; www.arkema.com), a specialty materials leader.…

LG Energy Solution and GM to develop prismatic battery technology

LG Energy Solution (Seoul, South Korea; www.lgensol.com) today announced a new partnership agreement with General Motors (GM; Detroit, Mich.; www.gm.com) for prismatic battery cell technology, marking an extension of the two companies' solid 14-year battery technology partnership. Under this new…

Solvay inaugurates biodigester at AHF plant in Ciudad Juarez, Mexico

Solvay S.A. (Brussels, Belgium) has inaugurated an advanced biodigester at its Ciudad Juarez production site in Mexico. This energy transition project will generate biomethane from organic waste processed locally, replacing part of the natural gas needed to power the site’s…