Mobile Navigation

Latest News: Business

Greentown Labs and BASF jointly launch circular economy innovation challenge

Greentown Labs (Somerville, Mass.; www.greentownlabs.com), the largest cleantech startup incubator in North America, and BASF Corp. North America (Florham Park, N.J.; www.basf.com) one of the world's leading chemical companies, are now accepting applications for the Greentown Labs Circularity Challenge, a…

BASF and Lutianhua plan to pilot a new DME production process that significantly reduces CO2 emissions

BASF SE (Ludwigshafen, Germany; www.basf.com) and Sichuan Lutianhua Co., Ltd. (Lutianhua; China; www.sclth.com) today signed a Memorandum of Understanding (MoU) to co-develop a pilot production plant, that will significantly reduce carbon emissions and increase energy efficiency in producing dimethyl ether…

Evonik commissions second complex for MetAmino production in Singapore

On June 18, 2019, and following the scheduled two-year construction period, Evonik Industries AG (Essen, Germany; www.evonik.com) officially commissioned its second complex for the production of MetAmino (DL-methionine) and strategically important precursors in Singapore. “Our methionine complex on Jurong Island,…

Total’s Pangea III Supercomputer Ranked First in Industry Worldwide

Total S.A. (Paris, France; www.total.com) has brought on line its new Pangea III supercomputer, multiplying the Group’s computing power by almost 5 to 31.7 petaflops (equivalent to 170,000 laptops combined) and tripling its storage capacity to 76 petabytes (equivalent to…

Pfizer will acquire Array BioPharma

Pfizer Inc. (New York; www.pfizer.com) and Array BioPharma Inc. (Boulder, CO; www.arraybiopharma.com)  have entered into a definitive merger agreement under which Pfizer will acquire Array, a commercial stage biopharmaceutical company focused on the discovery, development and commercialization of targeted small…

Metallocene linear-LDPE produced in India

  GAIL Ltd. (New Delhi, India; www.gailonline.com) has successfully produced Metallocene linear-low density polyethylene (mLLDPE) on its world-class 400,000 MT per annum UNIPOL PE Reactor line located in Pata, Uttar Pradesh, India on 17th January 2019. GAIL's Metallocene LLDPE resin…

Partnership to develop virtual reality training on hazardous materials

HTX Labs LLC (Houston; www.htxlabs.com) the creator of enterprise immersive training simulations and technology for global business entities and government institutes, and Solvay GBU Peroxides North America (www.solvay.com/en), an industry leader in advanced materials and specialty chemicals, announced today a…

McDermott awarded p-xylene technology contract in China

McDermott International, Inc. (Houston; www.mcdermott.com) has been awarded a sizeable ($1–50 million) technology contract by Ningbo Union King Polyester Material Limited for the technology license, process design engineering, and operator training services for a large-scale, grassroots 1,600,000 ton/yr p-xylene plant…

ExxonMobil and SABIC to move forward with new construction in Texas

ExxonMobil (www.exxonmobil.com) and SABIC (www.sabic.com) have decided to proceed with the construction of a chemical facility and 1.8-million metric ton ethane steam cracker in Texas. The joint-venture between ExxonMobil and SABIC, called Gulf Coast Growth Ventures, received final environmental regulatory…

Report highlights role of AI and blockchain for the chemical process industries

Emerging technologies, such as artificial intelligence (AI) and blockchain technology are poised to make an impact on the chemical process industries (CPI) as the industries continue on the path to digital transformation. A recent report by Accenture titled Artificial Intelligence…