Honeywell International, Inc. announced that it has agreed to acquire Sundyne (Arvada, Colo.) from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This represents approximately 14.5x 2024 EBITDA on a tax-adjusted basis. Sundyne is a leader…
Idemitsu Kosan Co.,Ltd. (Tokyo) has decided to construct a large-scale production facility for lithium-sulfide (Li2S), a material used in all-solid-state lithium-ion rechargeable batteries. The company will expand production capacity of lithium sulfide, an important intermediate raw material for solid electrolytes,…
LyondellBasell Industries N.V. (LYB; Rotterdam, the Netherlands) announced an investment to expand propylene production capacity at its Channelview Complex near Houston. Groundbreaking and construction are expected to begin in the third quarter of 2025, with a projected startup in late 2028.…
Absorption and stripping are important mass-transfer operations within the chemical process industries (CPI). This one-page reference provides some basic information on the principles and applications of stripping and absorption in industrial chemistry settings. General operation In absorption, a solute from…
Biological air-cleaning systems are an effective alternative to filtration and activated carbon in many industrial applications, especially those with ultrafine particles or highly toxic contaminants Companies must maintain high air-quality standards, both indoors and outdoors, to ensure continued quality control…
As the “Industry 4.0” revolution progresses, the convergence of IT systems with OT systems presents significant security risks. Presented here are strategies to bridge the divide between the two areas and secure plant operations The convergence of information technology (IT)…
Respondents to a Q4 2024 survey of industrial leaders conducted by the ARC Advisory Group (Dedham, Mass.; www.arcweb.com) ranked artificial intelligence (AI) first, by a relatively large margin, among the digital technologies that they expect to be the most impactful…
A pilot plant intended to manufacture silica aerogel products for different applications, including spray insulation, is being planned by the company Aeroskin Tech AG (Zurich, Switzerland; www.aeroskintech.com). Aerogels are dried gels that maintain their volume when dried, and have nanoscale…
Olivine, a magnesium-iron silicate mineral, is common in the earth’s subsurface, and can sometimes contain other valuable elements, such as cobalt, manganese and nickel. Olivine has been explored as a possible sink for atmospheric carbon dioxide in carbon-capture methods that…
Algae show promise for removing nutrients like phosphorus and nitrogen from wastewater due to their natural absorption abilities. However, the widespread use of algae-based wastewater treatment is limited by challenges related to system footprint, mass transfer and maintaining optimal conditions…