Hiring hesitancy, cultural shifts, new labor laws and artificial intelligence are several factors that are impacting the engineering workforce The engineering labor landscape is evolving, presenting a range of challenges and opportunities for organizations. From the introduction of new labor…
Covestro AG (Leverkusen, Germany) is collaborating with logistics expert DB Cargo BTT for a more efficient and sustainable transport of chemicals to and within Poland. In particular the transport of methylene diphenyl isocyanate (MDI), a chemical raw material used in…
Phillips 66, Inc. (Houston) announced that it has entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC…
ABB, Inc. (Zurich, Switerland) is investing in a strategic partnership with Edgecom Energy, the Toronto-based energy management startup. The company’s unique energy management platform uses artificial intelligence to help industrial and commercial users manage and reduce peaks in their power…
Imerys S.A. (Paris) has completed the acquisition of the European diatomite and perlite business of Chemviron, a subsidiary of Calgon Carbon Corporation. In 2024, this business generated approximately €50 million in revenue and employed around 130 people. Thanks to this…
In late December, the U.S. Department of Energy (DOE; Washington, D.C.; www.energy.gov) announced $179 million in funding for three Microelectronics Science Research Centers (MSRCs). These three MSRCs will perform basic research in microelectronics materials, device and system design, and manufacturing…
Heracles, a member of Holcim Group, signed a Front-End Engineering Design (FEED) contract with Air Liquide Engineering and Construction (E&C) for the CO2 capture, liquefaction, storage and dispatch facilities as part of HERACLES’ large-scale Olympus Carbon Capture & Storage (CCS)…
John Wood Group PLC (Wood; Aberdeen, U.K.) announced that it has completed the sale of its stake in Ethos Energy Group Ltd., a joint venture focused on rotating equipment. Wood has completed the sale to One Equity Partners for a final…
BASF SE (Ludwigshafen, Germany) has signed a binding agreement to sell its Food and Health Performance Ingredients business, including the production site in Illertissen, Germany, to Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods including…
The Mitsubishi Chemical Group (MCG; Tokyo) has announced two capacity expansions at its production sites in Japan in response to growing demand for semiconductor materials and lithium-ion batteries. In the first project, MCG will increase its production capacity of a…