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Chevron Lummus Global and ARA awarded technology contract for renewable fuels project in Iowa
Chevron Lummus Global (CLG) and Applied Research Associates, Inc. (ARA) announced that the companies have been awarded a technology contract by ReadiFuels-Iowa, LLC for their renewable diesel and sustainable aviation fuel (SAF) project in Sioux Center, Iowa. The scope of…
MOL Group to acquire OMV’s business in Slovenia
OMV AG (Vienna, Austria) and MOL Group (Budapest, Hungary) announced an agreement for MOL Group to acquire OMV Slovenia. The agreement encompasses 120 filling stations, as well as OMV’s wholesale business in Slovenia. The transaction is subject to required regulatory…
LyondellBasell announces startup of Ulsan PP production facility
LyondellBasell (Rotterdam, the Netherlands) announced the successful startup of Ulsan PP Co., Ltd.’s polypropylene production facility. The facility, located in the southeastern port city of Ulsan, South Korea, is one of the largest of its kind in Asia, designed to…
Eastman to sell rubber additives assets for $800 million
Eastman Chemical Co. (Kingsport, Tenn.) announced it has entered into a definitive agreement with an affiliate of One Rock Capital Partners, LLC to sell the rubber additives (including Crystex insoluble sulfur and Santoflex antidegradants) and other product lines and related assets and technology of…
Air Products to build world-scale blue-hydrogen plant in Edmonton, Canada
Air Products (Lehigh Valley, Pa.) and its subsidiary Air Products Canada Ltd., in conjunction with the Government of Canada and the Province of Alberta, announced a multi-billion dollar plan to build a landmark new net-zero hydrogen energy complex that will…
Sumitomo Chemical announces new recycling alliance
Sumitomo Chemical Co. (Tokyo, Japan) has agreed to start studying a possible business alliance with Rever Holdings Corp., a major Japanese integrated recycling company engaged in the management of scrap metal and other recyclable waste from used cars and home…
NextChem and SMS partner to promote low-carbon technologies for the steel industry
NextChem, a subsidiary of Maire Tecnimont S.p.A. (Milan, Italy), and Paul Wurth, a company of the SMS Group and leading technology provider for the steel industry, will join forces to promote the combined use of electrolysis and syngas production in the iron and…
Metso Outotec to deliver technologies for precious-metals recycling plant
Metso Outotec Corp. (Helsinki, Finland) has received an order for the engineering and delivery of key equipment for the expansion of a precious-metals recycling plant. Metso Outotec’s equipment delivery consists of a direct-current (DC) furnace with feeding equipment and process…
Ascend Performance Materials expands production capacity for long-chain polyamides
Ascend Performance Materials (Houston) has expanded production capacity for HiDura long-chain polyamides in its Greenwood, S.C., plant. The multi-million-dollar expansion will help the company meet growing demand for its new product line. Launched in Nov. 2020, Ascend’s HiDura PA610 and…
Dow to build MDI distillation and prepolymers facility in Freeport, Texas
Dow (Midland, Mich.) announced plans to build an integrated methylene diphenyl diisocyanate (MDI) distillation and prepolymers facility at its world-scale manufacturing site in Freeport, Texas. This investment supports increasing demand for downstream polyurethane systems products and advances Dow’s leading positions…