NET Power, LLC (Durham, N.C.; www.netpower.com) and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corp.(Houston; www.oxy.com) announced that they have reached an investment agreement, subject to regulatory approval. The investment will advance the development of NET…
It was announced jointly that DuPont Industrial Biosciences (www.biosciences.dupont.com) and VERBIO North America Corporation (VNA), the U.S. subsidiary of leading German bioenergy producer VERBIO Vereinigte BioEnergie AG, have reached terms for VNA to acquire DuPont’s Nevada, Iowa-based cellulosic ethanol plant…
Standard Lithium Ltd. (Vancouver, B.C., Canada; www.standardlithium.com) has signed a term sheet with Lanxess AG (Leverkusen, Germany; www.lanxess.com) for a contemplated JV in the commercial production of battery grade lithium from brine extracted from the Smackover Formation in South Arkansas.…
Following mechanical completion of the facility, Evonik Industries AG (Essen, Germany; www.evonik.com) has announced the official start-up of its new multi-layer coextrusion plant for polymethyl methacrylate (PMMA) flat films. The first selected customers are now receiving samples. In Weiterstadt, 20…
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is investing in its ion exchange resin production facility at the Leverkusen, Germany, site. The company is optimizing its process technology and operating efficiency for a seven-figure-euro amount. The project is scheduled for completion in…
Versalis (San Donato Milanese, Italy; www.versalis.eni.com), RadiciGroup and Safitex have joined forces to make synthetic grass for sports fields recyclable in line with the principles of the circular economy. The project was presented today at Ecomondo and is the result…
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed a contract for the Front-End Engineering Design (FEED) of a new copper smelter to be located at Benete Bay in Sumbawa, Indonesia. The contract partner is PT Amman Mineral Industri, a subsidiary of…
LyondellBasell (Rottedam, the Netherlands; www.lyondellbasell.com) announced that China Petrochemical International Co., Ltd (Sinopec International) and Sinopec-SK(Wuhan) Petrochemical Company Ltd., (Wuhan) have selected the LyondellBasell Hostalen “Advanced Cascade Process” (Hostalen ACP) technology. The low-pressure slurry process technology will be used for…
LG Chem Ltd. (Seoul, South Korea; www.lgchem.com) announced that it will appoint H.C. (Hak Cheol) Shin, a 61-year-old Vice Chair and Executive Vice President of 3M, as the new Vice Chairman & CEO of LG Chem. It is the first…
Praxair, Inc. (Danbury, Conn.; www.praxair.com), a wholly-owned subsidiary of Linde plc, has reached an agreement with Phillips 66 to supply high-purity hydrogen to the company’s Sweeny Refinery located in Old Ocean, Texas, starting in early 2021. Praxair will extend its…