Business & Economics
Linde expanding CO2 capacity in the U.S. Gulf Coast
Linde (Dublin, Ireland; www.linde.com) today announced it is doubling the capacity of its Freeport, Texas, carbon dioxide (CO₂) production facility by adding a second CO₂ liquefaction plant. Starting up in 2027, the new plant will liquefy crude CO₂ captured from MEGlobal America…
Babcock & Wilcox to sell Diamond Power International business Andritz
Babcock & Wilcox Enterprises, Inc. (Akron, Ohio; www.babcock.com) announced today that it has reached an agreement to sell its Diamond Power International business (Lancaster, Ohio) to Austria-based Andritz (Graz, Austria; www.andritz.com) for $177 million, subject to customary fees and adjustments.…
Andritz opens electrolyzer gigafactory in Germany
Andritz (Graz, Austria; www.andritz.com) has today opened a new electroyzer gigafactory in Erfurt, Germany. The gigawatt-scale facility will supply Europe's growing green-hydrogen market. The new facility has an initial annual production capacity of approximately one gigawatt which corresponds to approximately…
Technology alliance for producing SAF from municipal solid waste
Honeywell (Charlotte, N.C.; www.honeywell.com), Johnson Matthey (London, U.K.; www.matthey.com), GIDARA Energy (Schiphol, the Netherlands; www.gidara-energy.com) and SAMSUNG E&A (Seoul, South Korea; www.samsungena.com) today announced the formation of a strategic technology alliance to bring a groundbreaking end-to-end global solution to market…
Aditya Birla Group acquires Cargill specialty-chemical manufacturing facility in Georgia
Aditya Birla Group (Mumbai, India; www.adityabirla.com), a leading Indian multinational conglomerate, today announced the expansion of its U.S. Advanced Materials business with the acquisition of Cargill Incorporated’s (Wayzata, Minn.; www.cargill.com) 17-acre specialty chemical manufacturing facility in Dalton, Ga. The acquisition…
LyondellBasell enters agreement for the sale of Aequita olefin/polyolefin assets in Europe
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) today announced that it has entered into an agreement and exclusive negotiations with AEQUITA (Munich, Germany; www.aequita.com) for the sale of select olefins and polyolefins assets and the associated business in Europe. The sites to…
Carbon Clean and MODEC collaborate to accelerate scaleup of carbon-capture technology for FPSO vessels
Carbon Clean (London, U.K.; www.carbonclean.com), a global leader in carbon capture solutions, and MODEC (Tokyo, Japan; www.modec.com), a leading provider of offshore floating platforms, have signed a landmark agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology…
Plant Watch: June 2025 Business News
Plant Watch Cariflex opens $355-million latex plant in Singapore May 15, 2025 — Cariflex Pte. Ltd. (Singapore; www.cariflex.com), a wholly owned subsidiary of DL Chemical Co., Ltd. (DL Chemical), inaugurated its new polyisoprene latex plant at Jurong Island, Singapore. With…
Facts At Your Fingertips: Genetic Engineering Tools in Industrial Microbiology
Industrial fermentation using bacteria, yeast and other microbes to produce specific products has the potential to reduce future dependence on fossil-fuel-derived chemicals. To further the economic viability of industrial fermentation processes, engineers have turned to genetic modification to stimulate production…
Global chemical production rose in April, but fell for the U.S., ACC says
In a recent data release, the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) said global chemical production rose in April, while U.S. chemical production fell. ACC said, "Following a 0.7% gain in March, ACC’s Global Chemical Production Regional Index (Global…