Teijin Carbon Europe GmbH, Teijin Group's (Toyko) carbon fiber business in Europe, has increased the production capacity of its German produced chopped carbon fiber (of the brand type Tenax-E HT C604 6mm) by 40%. The company is thus responding to…
Calgon Carbon Corp. (Pittsburgh, Pa.), a wholly owned subsidiary of Kuraray Co., announced that it intends to expand capacity at its Pearlington, Mississippi plant by adding a second virgin activated-carbon production line. The expansion is expected to add 38 jobs at…
BP plc (London) announced that it has agreed to sell its global petrochemicals business to INEOS (London) for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will further strengthen bp’s balance…
Key U.S. chemical industry metrics will be lower this year, according to the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Mid-Year 2020 Chemical Industry Situation and Outlook. Production volumes, shipments and capital spending will fall due to economic and business…
Clariant Catalysts (Munich, Germany) is picking up speed with the successful expansion of its high-throughput R&D center in Palo Alto, California. Thanks to a significant investment, the upgraded facility is fitted with the latest high-throughput equipment, and will be home…
Drax Group and Mitsubishi Heavy Industries Engineering, Ltd., part of Mitsubishi Heavy Industries Group (MHI), have agreed a new bioenergy with carbon capture and storage (BECCS) pilot project at Drax Power Station which will get underway this autumn. The pilot…
Royal DSM N.V. (Geleen, the Netherlands) and Clariant AG (Muttenz, Switzerland) announced an agreement for DSM to take over certain parts of Clariant’s 3D printing business portfolio. The agreement allows DSM to offer customers rapid product development iterations for filaments…
BP plc (London) announced that bp ventures has invested $5 million in Satelytics, a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes, including methane emissions. Satelytics collects high resolution spectral imagery…
Siemens AG (Munich, Germany) has signed an agreement to acquire Cambridge, UK-based UltraSoC Technologies Ltd., a provider of instrumentation and analytics solutions that put intelligent monitoring, cybersecurity and functional safety capabilities into the core hardware of system-on-chip (SoC). Siemens plans…
In Austria, a consortium of Lafarge Zementwerke, a member of LafargeHolcim Group, OMV, VERBUND and Borealis have co-signed a Memorandum of Understanding (MOU) for the joint planning and construction of a full-scale plant by 2030 to capture CO2 and process…