Mobile Navigation

Latest News: Business

Ascend Elements announces off-take agreement with Trafigura for lithium carbonate

Ascend Elements (Westborough, Mass.; www.ascendelements.com) leader in sustainable engineered battery materials and lithium‑ion recycling, today announces a multi‑year off-take agreement for lithium carbonate with Trafigura Group Pte. Ltd. (Singapore; www.trafigura.com) a market leader in the global commodities industry. The agreement…

Solvay and Noveon forge partnership for light and heavy rare-earth materials supply

Solvay S.A. (Brussels, Belgium) and Noveon Magnetics announced the execution of a supply agreement for light and heavy rare earth materials. Under the said agreement, Solvay will supply Noveon with rare earth oxides starting in 2026. The partnership is a…

LOTTE Chemical completes petrochemicals complex in Indonesia

LOTTE Chemical (Seoul, South Korea) announced that it held a completion ceremony for LOTTE Chemical Indonesia (LCI) in Cilegon, Banten Province, Indonesia. The ceremony was attended by LOTTE Group Chairman Shin Dong-bin, LOTTE Chemical CEO Lee Young-jun, Indonesian President Prabowo…

Messer and PVChem form JV for industrial gas production in Vietnam

Petrovietnam Chemical and Services Corporation (PVChem), a member of the Vietnam National Industry and Energy Group (Petrovietnam), and the German industrial gases specialist Messer SE & Co. KGaA (Bad Soden, Germany) officially signed a Joint Venture Agreement to establish Cái…

Direct electrochemical carbon-capture of aluminum-smelter emissions demonstrated

Verdox (Woburn, Mass.) has successfully completed initial testing of its all-electric carbon capture technology in collaboration with Norwegian aluminum and renewable energy company Norsk Hydro ASA (Oslo, Norway). The trial demonstrated carbon capture directly on aluminum smelter emissions in preparation…

Indorama Ventures forms textile recycling JV with Jiaren Chemical Recycling

Indorama Ventures Ltd. (Bangkok, Thailand)  announced that its Fibers business, a leading global supplier of recycled technical textiles, polyester fibers and yarns, and Jiaren Chemical Recycling, a technology leader in chemical polyester recycling, formed a joint venture to accelerate circularity…

Mitsubishi Gas Chemical expands electronic materials plant in Thailand

Mitsubishi Gas Chemical Co. (MGC; Tokyo) announced the completion of construction of a new plant expansion at MGC Electrotechno (Thailand) Co., Ltd. (ETT), a subsidiary of MGC Electrotechno Co. (ET) dedicated to manufacturing BT materials for semiconductor packages. The MGC…

Honeywell and TotalEnergies pilot AI-assisted control room at Port Arthur Refinery

Honeywell International, Inc. (Charlotte, N.C.) announced a collaboration with TotalEnergies (Paris) for the ongoing pilot of its AI-assisted Experion Operations Assistant at TotalEnergies' Port Arthur Refinery in Texas. The initiative aims to support and empower operators to make timely and…

Sumitomo Chemical and Samsung Electro-Mechanics form JV to produce glass core materials

 Samsung Electro-Mechanics announced that it has signed a memorandum of understanding (MOU) with Sumitomo Chemical Co. (Tokyo, Japan) to establish a joint venture (JV) for manufacturing Glass Core, a key material for next-generation package substrates. The MOU signing ceremony was held…

BASF Coatings commissions new plant in Germany

BASF Coatings has successfully commissioned a state-of-the-art production plant for automotive OEM coatings at its Muenster site in Germany. The new facility is designed to produce high-runner products, namely colors that currently represent the majority of market demand, and ensure…