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Resonac Holdings resolves to spin off petrochemical subsidiary Crasus Chemical
Resonac Holdings Corp. (Tokyo, Japan) has resolved at a meeting of its Board of Directors to execute a partial spin-off (the "Spin-off") of its wholly owned subsidiary, Crasus Chemical Inc., which operates the petrochemical business, effective October 1, 2026. The…
Avanti secures up to $10 million from RiverFort for helium production
Avanti Helium Corp. (Calgary, Alberta) has entered into a definitive investment agreement with RiverFort Global Opportunities PCC Ltd. (Gibraltar) for a secured convertible credit facility with an aggregate face value of up to $10 million (the "Facility"), subject to acceptance…
Closed-loop battery-recycling facility selected for DOE grant
Princeton NuEnergy Inc. (PNE; Bordentown, New Jersey), a U.S.-based advanced battery materials company pioneering direct recycling technologies, has announced that it has been selected to enter award negotiations for a $50 million grant from the U.S. Department of Energy (DOE)…
Asahi Kasei opens battery-separator coating line in North Carolina
Asahi Kasei Corp. (Tokyo, Japan) held a grand opening ceremony on August 20 for its new Hipore™ wet-process lithium-ion battery separator coating line in Charlotte, North Carolina, marking a significant milestone in the execution of the company's North American battery…
These gear pumps feature a new sealing design that supports abrasive applications
This company's G Series internal gear pumps are now available with a behind-the-rotor seal option, which is designed to deliver improved protection and performance when handling abrasive materials across a wide range of applications, including starches, inks, pulp, resins and…
MAIRE wins approximately €50 million in new awards in Asia, Europe and North America
MAIRE S.p.A. (Milan, Italy) announced new awards in its Sustainable Technology Solutions (STS) business unit for a total amount of approximately €50 million, with projects located across Asia, Europe, and North America. Stamicarbon B.V. (Sittard, the Netherlands), Nextchem's nitrogen technology…
Xanadu and Mitsubishi Chemical advance quantum computing collaboration for semiconductor manufacturing
Xanadu Quantum Technologies Limited (Toronto, Ont., Canada), a leading photonic quantum computing company, has announced the next phase of its collaboration with Mitsubishi Chemical Corp. (Tokyo, Japan) to advance semiconductor fabrication technologies using quantum computing algorithms. This next phase is…
SOEC green hydrogen test facility breaks ground at BASF’s Schwarzheide site
Industrial Park Lausitz (Schwarzheide, Germany) and Sunfire SE (Dresden, Germany) officially broke ground on a green hydrogen test facility in the presence of representatives from government, business, and industry. At the BASF site, Sunfire will validate its latest and most…
Protect pressure-relief devices with this specialized discharge-pipe cover
Tube-End-Protection (TEP) is a protective cover made of breathable yet robust and waterproof polyethylene (PE) fleece that fits onto the discharge pipes of pressure-relief devices, which are responsible for ensuring ensures the safe discharge of the depressurized medium to a…
2026 CEPCI updates: June (prelim.) and May (final)
The preliminary value for the CE Plant Cost Index (CEPCI) for June 2026 (most recent available) rose compared to the previous month’s value. The latest rise continues a trend of upward trajectory for the CEPCI since August 2025. All four…