Neste Corp. (Espoo, Finland) has entered a cooperation with Suntory, ENEOS Corp. (Tokyo, Japan) and Mitsubishi Corp. (Tokyo) to enable the production of PET (Polyethylene Terephthalate) resin made with renewable Neste RE on a commercial scale. Neste RE is Neste’s…
Braskem S.A. (São Paulo, Brazil) and SCG Chemicals plc (SCGC; Bangkok, Thailand) have signed a joint venture (JV) agreement to create Braskem Siam Company Limited. Subject to clearance from the relevant anti-trust authorities and final investment decision by the partners,…
Occidental Corp. (Oxy; Houston) announced that a wholly owned subsidiary has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion, to be made in three…
Covestro AG (Leverkusen, Germany) has developed an innovative process for recycling polycarbonate, i.e. polychain plastics. In this process, plastics are converted back into their monomers, a precursor of plastics, so that they can be fed back into the production process…
Lummus Technology (Houston) and Biohydrogen Technologies have announced an agreement to develop and deploy advanced synthesis gas reactor technology primarily for the production of blue hydrogen. Lummus' Green Circle business unit will provide to Biohydrogen Technologies its expertise in hydrogen…
thyssenkrupp Uhde (Dortmund, Germany) and Orica have successfully completed the Kooragang Island Decarbonization Project in Newcastle, Australia with the successful commissioning of thyssenkrupp Uhde’s effective EnviNOx technology to reduce greenhouse gas emissions at Orica’s three on-site nitric acid plants. For…
Origin Materials, Inc. (West Sacramento, Calif.) and Proman (Wollerau, Switzerland), one of the world’s largest producers of methanol, announced a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s worldwide fuels capabilities and expertise. As part…
Cummins Inc. (Columbus, Ind.) and Chevron U.S.A. Inc., a subsidiary of Chevron Corp. (San Ramon, Calif.), announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. The announcement expands the…
Indorama Ventures Ltd. (IVL; Bangkok, Thailand) announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation (IFC), a member of the World Bank. The recycling facility, located in…
Thyssenkrupp Uhde GmbH (Dortmund, Germany) has been engaged by Australian renewable-energy firm Ark Energy Corp. Pty. Ltd. on behalf of the Han-Ho H2 Consortium to deliver a Feasibility Study to support the development of the Han-Ho H2 Hub Project. The…