Hanwha Solutions (Seoul, South Korea) announced that it signed a deal to acquire a 100% stake in Cimarron Composites, an American high-pressure tank manufacturer. Cimarron Composites originally began as an internal venture at NASA in 2008 by Tom DeLay, 23-year…
McDermott International, Ltd. (Houston) announced that its CB&I Storage Solutions business has been awarded a study by a leading natural gas producer to research opportunities to expand current liquid hydrogen storage capacity limits. "Industry leaders across the energy spectrum recognize…
Phillips 66 (Houston) announced it has received a $3-million grant from the U.S. Department of Energy (DOE) to advance the development of high-performance reversible solid-oxide fuel cells. Phillips 66 will collaborate with the Georgia Institute of Technology (Georgia Tech) to…
Chemieanlagenbau Chemnitz GmbH (CAC; Chemnitz, Germany; www.cac-chem.de) has successfully completed a water electrolysis plant at the RWE site in Niederaussem, North Rhine-Westphalia, Germany, as part of the international, globally unique research project ALIGN-CCUS. The goal of this project is to…
Corbion (Amsterdam, the Netherlands) will increase its capacity for producing lactic acid in North America by around 40% to meet the growing demand for natural ingredients in multiple industries. The investment in capacity expansion at Corbion's Blair, Neb., plant reinforces…
The collaboration between Vattenfall AB and Preem AB (both Stockholm, Sweden), aimed at producing fossil-free hydrogen for biofuel production, is entering its next phase. A study is now being conducted to examine opportunities for building a large-scale production facility at…
Babcock & Wilcox (B&W; Akron, Ohio) (NYSE: BW) announced that its B&W Environmental segment will design and supply environmental technologies to reduce sulfur oxides emissions for Cabot Corporation’s carbon black manufacturing facility in Ville Platte, La. The contract is valued…
KBR, Inc. (Houston) announced that it has been awarded a contract to provide technical advisory solutions to SK E&S for its hydrogen development business in South Korea. SK Group announced late last year that it would invest in assets that…
Linde plc (Guildford, U.K.) has signed a long-term agreement with BorsodChem Zrt., the Hungarian chemical company and member of the Wanhua Chemical Group, for the supply of nitrogen, oxygen and compressed air to its chemical complex in Kazincbarcika. Linde will…
INVISTA’s (Wichita, Kan.) technology and licensing group, Invista Performance Technologies (IPT), and China Petrochemical International Co., Ltd. (Sinopec Yizheng) have reached an agreement for licensing of INVISTA’s industry leading PTA P8++ technology for Sinopec Yizheng’s third PTA line. This plant…