Business & Economics
Canada takes the stage with major energy and mineral investments
The first-ever Canada Investment Summit, held Sept. 14–15 in Toronto, along with other recent funding initiatives and global partnerships, put the spotlight on Canada’s support for innovation and competitiveness in energy, manufacturing and critical materials. The Summit convened investors from…
Business News: October 2026
Plant Watch Evonik breaks ground on €80-million biotechnology expansion in Slovakia September 14, 2026 — Evonik Industries AG (Essen, Germany; www.evonik.com) has broken ground on a new biotechnology expansion project at its Fermas site in Slovakia, part of the €80-million…
Industrial Heat Pumps for Waste-Heat Upgrading
Electrification of industrial processes using heat pumps is moving from niche applications toward the mainstream, but challenges to their implementation remain Decarbonization initiatives have focused attention on the production of process heat for industrial operations without the combustion of fossil…
Toray Industries develops first solvent-based recycling technology for recovering PPS from waste
Toray Industries, Inc. (Tokyo, Japan; www.toray.com) announced that it has developed what it believes is the industry’s first solvent-based recycling technology to recover polyphenylene sulfide (PPS) from waste materials. The technology selectively dissolves and separates PPS from the materials while…
Air Liquide invests 170 million euros to supply ultra-high-purity gases to semiconductor manufacturer in Japan
Air Liquide (Paris, France; www.airliquide.com) today announced a new investment of more than 170 million euros to supply ultra-high purity gases to a leading semiconductor manufacturer in Japan. Under a long-term agreement, the Group will support the expansion of its…
Westlake to close PVC plant in Cologne, Germany
Westlake Corp. (Houston, Texas; www.westlake.com) announced today that, in light of challenging market conditions, the Company is taking action to improve profitability by closing its polyvinyl chloride (PVC) plant in Cologne, Germany. Chemical production in Europe continues to face difficult conditions, including…
Gen-H Energy and Hycamite sign MoU for power project in Finland based on methane pyrolysis
GEN-H Energy SL (Madrid, Spain; www.gen-h.com) is planning a 200–300-megawatt balancing power project in Kotka, Finland, where electricity will be generated from natural gas without carbon dioxide emissions. Hycamite (Kokkola, Finland; www.hycamite.com) equipment – based on methane pyrolysis – will…
Technip Energies awarded contract for development of petrochemical complex in Türkiye
Technip Energies N.V. (Paris, France; www.ten.com) has been awarded contracts by Petkim, a subsidiary of SOCAR, in connection with the development of a proposed integrated petrochemical complex in Aliağa, Türkiye. The contracts include the license for a world-scale mixed-feed ethylene…
Tecnimont USA signs FEED contract with Argent for LNG export facility in Louisiana
MAIRE S.p.A. (Milan, Italy; www.groupmaire.com) announced today that its U.S. subsidiary Tecnimont USA Inc. has signed the Front-End-Engineering Design (FEED) contract with Argent LNG, LLC for the development of Argent's liquefied natural gas (LNG) export facility at Port Fourchon, Louisiana.…
Avantium announces first commercial-scale production of bio-based FDCA from its flagship plant
Avantium N.V. (Amsterdam, the Netherlands; www.avantium.com) a leading company in renewable and circular polymer materials, today announced that it has successfully produced the first batch of furandicarboxylic acid (FDCA) at its FDCA Flagship Plant in Delfzijl, the Netherlands, the world's…