Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S (Nature Energy) for nearly $2…
Synova, SABIC Global Technologies B.V., an affiliate of Saudi Basic Industries Corporation (SABIC), and Technip Energies (T.EN) have signed a Joint Development and Cooperation Agreement on November 23, 2022 to collaborate on the development and realization of a commercial plant,…
ExxonMobil Corp. (Houston) and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The joint effort combines ExxonMobil’s and MHI’s years…
Honeywell International Inc. (Charlotte, N.C.) has signed a Memorandum of Understanding (MoU) with Egypt’s Environ Adapt for Recycling Industries with the aim of advancing plastics recycling in the country. The two organizations will explore the development of the first chemical recycling facility…
At brownfield operating sites, energy-efficiency gains can be realized by modernizing power-generation equipment. Ideally, such projects can take place without fully shutting off power or halting plant operations Over the last two years, virtually every major chemical producer across the…
Liberty Steel UK (LSUK; London; www.libertysteelgroup.com) has completed trials of ecoke — a sustainable new raw material that can replace anthracite, the main source of charge carbon used in the electric-arc furnace (EAF) of steelmaking, and reduce steel’s carbon footprint…
LanzaTech, Inc. (Skokie, Ill.) and Sumitomo Riko Company Ltd. have entered into a joint-development agreement to reuse rubber, resin and urethane waste for the production of a key chemical intermediate, isoprene. Isoprene is produced by plants, and along with its…
LG Chem (Seoul, South Korea) will construct an innovative carbon mitigation facility that will produce raw materials for plastics using carbon dioxide to build its foundation to achieve 2050 Net Zero. LG Chem will construct a DRM (Dry Reforming of…
Axens (Rueil-Malmaison, France) announced the signature of a Joint Commercial Cooperation Agreement (JCCA) with Chiyoda Corp. (Yokohama, Japan). The purpose of this cooperation is to facilitate hydrogen supply chain projects via methylcyclohexane (MCH) (1) as Liquid Organic Hydrogen Carrier (LOHC), and promote…
Cemex, S.A.B. de C.V. (Monterrey, Mexico) is continuing its efforts to lead the transition to a net zero construction industry by implementing several new Carbon Capture, Utilization, and Storage (CCUS) projects throughout its global cement operations. CEMEX’s new CCUS projects…