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AkzoNobel’s largest European solar energy plant goes live in Poland

A major solar energy plant – AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) largest in Europe – has been installed at its Pilawa site in Poland, further powering the company’s efforts to transition all its production locations to renewable electricity. Covering nearly…

Linde starts up supply of industrial gases to PT Freeport Indonesia

Linde plc (Woking, U.K.; www.linde.com) announced it has started up the supply of industrial gases to PT Freeport Indonesia, a leading mining company in Indonesia and subsidiary of Freeport-McMoRan Inc. Linde has invested $120 million to build, own and operate…

Linde Engineering selected by NextChem to supply carbon capture technology to ADNOC project

Linde Engineering (Pullach, Germany; www.linde-engineering.com) has signed an agreement with NEXTCHEM (Rome, Italy; www.nextchem.it) to provide carbon capture technology to Abu Dhabi National Oil Company’s (ADNOC; www.adnoc.ae) Hail and Ghasha project. Located in the United Arab Emirates (UAE), the project…

OCSiAl opens production facility for graphene nanotubes in Serbia

OCSiAl (Luxembourg; www.ocsial.com), a leader in graphene nanotube technology, has opened its first European production facility. The facility, located in Serbia, will produce TUBALL™ nanotubes and nanotube-based products. More than 1,500 companies worldwide, including leading automotive, battery, electronics, construction, aerospace,…

LyondellBasell completes acquisition of solvent-based recycling company APK

LyondellBasell (LYB; Rotterdam, the Netherlands; www.lyondellbasell.com) yesterday announced it became full owner of APK AG (Merseberg, Germany; www.apk.group). APK will be fully integrated and continue as part of LYB, a sustainability leader in the chemical industry. It is LYB’s ambition…

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November 2024 Economic Indicators

The preliminary value for the CE Plant Cost Index (CEPCI) for August 2024 (most recent available) fell slightly compared to the previous month’s value. The decline is the second in a row, but maintains the approximate level observed all year.…

Seeq and Aveva announce partnership to integrate platforms

Seeq, a global leader in industrial analytics, AI, and enterprise monitoring, today announced a strategic partnership with AVEVA, a global leader in industrial software. Core to the partnership is the native integration between the two companies’ platforms that will simplify…

Covestro agrees to takeover deal by ADNOC at 62 euros per share

Covestro AG (Leverkusen, Germany; www.covestro.com) today signed an Investment Agreement with certain entities of the ADNOC Group (Abu Dhabi, United Arab Emirates; www.adnoc.ae), including ADNOC International Limited and its subsidiary, ADNOC International Germany Holding AG. The agreement stipulates, among other…

ACC comments on impact of the port strike on chemical manufacturing

American Chemistry Council (Washington, D.C.; www.americanchemistry.com) president and CEO Chris Jahn issued the following statement regarding the impact of the strike at the U.S. East and Gulf Coast ports: “The chemical industry is one of the country’s largest shippers across…

Next Wave and Lummus Technology produce world’s first renewable alkylate

Lummus Technology (Houston; www.lummustechnology.com) and Next Wave Energy Partners, LP (Houston; www.nextwaveenergy.com) announced the production of the world's first renewable alkylate. This renewable alkylate, derived from ethanol and produced through a series of Lummus' technologies, is a bio-based, low carbon…