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BASF invests in Longwater Advanced Materials Fund

BASF Venture Capital GmbH (Ludwigshafen, Germany; www.basf.com) is investing in the Longwater Advanced Materials Fund. This private equity fund is managed by Longwater Investment (Shanghai, China; www.longwatercap.com), a pioneer growth capital investor in advanced materials and chemistry-related technologies. BASF Venture…

ÅF Pöyry awarded pre-engineering assignments for Metsä Fibre investments

  Metsä Fibre, part of Metsä Group, has awarded ÅF Pöyry (Helsinki, Finland; www.poyry.com) with the pre-engineering assignment for new bioproduct mill, Kemi. The target for the ongoing pre-engineering project is to create conditions for building a bioproduct mill with…

Rotterdam The Hague Airport initiates study for the production of renewable jet fuel from air

This Friday May 24, Rotterdam The Hague Airport and a European consortium led by EDL Anlagenbau Gesellschaft GmbH will sign a cooperation agreement for a study, which aims at developing a demonstration plant that produces renewable jet fuel from air.…

Repsol pioneers the industrial use of products from plastic’ chemical recycling

Repsol S.A. (Madrid, Spain; www.repsol.com) has devoted many resources to lead the search for new solutions to boost the Circular Economy and promote that a large amount of plastic waste, which currently goes to landfill, be transformed into new raw…

BASF develops process for climate-friendly methanol production

The production processes of the most important basic chemicals are responsible for around 70% of the greenhouse gas emissions in the chemical industry. BASF SE (Ludwigshafen, Germany; www.basf.com) experts are working intensely on new technologies to substantially reduce emissions in…

Pöyry launches PlasticsToBio concept aiming to solve the global plastics problem

Pöyry Oyj (Helsinki, Finland; www.poyry.com) has developed a PlasticsToBio concept and initiative to address the global plastics problem, providing an affordable and economically viable concept to decouple plastics from fossil based materials and turn all plastics bio-based. The concept looks…

Lower Measurement Point Costs with Automatic pH Sensor Cleaning

Process conditions in chemical production are often challenging for in-line instrumentation. EasyClean™ 200 e is a robust and automated sensor cleaning system that helps keep pH probes operating at their best, and can increase their lifetime by more than 30…

Umicore to acquire cobalt-refinery and cathode-precursor operations in Finland

Umicore N.V. (Brussels, Belgium; www.umicore.com) has reached an agreement to acquire Freeport Cobalt’s cobalt-refining and cathode-precursor activities in Kokkola, Finland, for a total consideration of $150 million on a debt and cash free basis, plus the value of the working…

MHPS receives contract for complete renovation of FGD system at a power plant on the Czech Republic

Mitsubishi Hitachi Power Systems, Ltd. (MHPS; Yokohama, Japan; www.mhps.com) has received a contract from Elektrárna Dětmarovice a.s. a member of ČEZ Group in the Czech Republic for the full-scale renovation of the fluegas desulfurization (FGD) system at the Dětmarovice Power…

Bilfinger wins €60 million contract from SABIC

Bilfinger SE (Mannheim, Germany www.bilfinger.com) has been chosen as maintenance partner for a €60-million contract by SABIC UK Petrochemicals Ltd. to carry out a range of services across facilities on its Teesside site. The services will include mechanical, electrical and…