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Business News: June 2026

Plant Watch BASF commissions new fermentation plant in Ludwigshafen May 11, 2026 — BASF SE (Ludwigshafen, Germany; www.basf.com) announced that its Agricultural Solutions business commissioned a new fermentation plant for biological and biotechnology-based products at the Ludwigshafen site. The products…

Unraveling Cybersecurity Myths in Chemical Manufacturing

Understanding common myths surrounding the ISA/IEC 62443 cybersecurity standard can help put chemical manufacturers on a path to safer, more resilient operations Picture a petrochemical plant running steady in the dead of night — pipes humming, reactors holding pressure, safety…

Volatility, Value and Visibility: Rethinking Raw-Material Strategies

Due to current global conditions, raw-material considerations — volatility in particular — are now being taken into account earlier, and integrated more intimately, into project planning and management strategies Over the past few years, raw materials have moved from the…

SkyNRG and KLM Airlines start construction of commercial-scale SAF plant

SkyNRG (Amsterdam, the Netherlands; www.skynrg.com) and KLM Dutch Royal Airlines (Amstelveen, the Netherlands; www.klm.com) celebrated the official start of construction of DSL-01, the Netherlands’ first facility fully dedicated to the production of sustainable aviation fuel (SAF). Located in Delfzijl, the…

Lummus Technology launches C5 back-cracking technology

Lummus Technology (Houston, Tex.; www.lummustechnology.com), a global leader in process technologies and value-driven energy solutions, announced the commercial launch of Thermacrack™ C5. The new technology will help producers increase production efficiency and reduce capital investment for specialty chemicals. This launch…

Johnson Matthey agrees to acquire SCR catalyst producer Cormetech

Johnson Matthey Plc (JM; London, U.K.; www.matthey.com) announced that it has reached an agreement to acquire CORMETECH Inc. (Durham, N.C.; www.cormetech.com), a leading U.S. manufacturer of selective catalytic reduction (SCR) catalysts providing emissions control for stationary power generation and industrial…

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2026 CEPCI updates: March (prelim.) and February (final)

The preliminary value for the CE Plant Cost Index (CEPCI) for March 2026 (most recent available) rose compared to the previous month’s value. The increase for March 2026 continues a string of monthly rises observed since September of last year.…

SkyKraft JV awarded 21 million euros to advance eSAF project in Sweden

SkyKraft (www.skykraft.se), the joint venture between SkyNRG (Amsterdam, the Netherlands; www.skynrg.com) and the Swedish power company Skellefteå Kraft (Skellefteå, Sweden; www.skekraft.se), has been awarded around €21 million. from the Swedish Energy Agency’s Industriklivet Initiative (www.industriklivet.se). While Project SkyKraft is grounded…

MOL Group expands biogas plant with biomethane unit

MOL Group (Budapest, Hungary; www.molgroup.info) is expanding the Szarvas Biogas Plant with a biomethane unit. As a result of the development, the plant is able to produce biomethane from biogas of such purity that it can be fed into the…

Platinum demand will exceed supply in 2026, Johnson Matthey report says

Platinum demand will again exceed supply in 2026, driven by firm industrial use and constrained mine output. Ruthenium and iridium will also be in deficit, with rising demand from the data storage and energy transition sectors, according to Johnson Matthey’s…