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Latest News: Business

Research project looks to eliminate PFAS and iridium from PEM electrolysis

The PEM (proton exchange membrane) electrolysis process, which is particularly suitable for producing green hydrogen when the supply of electricity from wind power and photovoltaic systems fluctuates, is still very expensive compared to production using fossil fuels. Sustainability is also…

Charbone Hydrogen awarded new supply order for ultra-high-purity gases in New York

Charbone Hydrogen Corp. (Brossard, Que., Canada), a North American producer and distributor specializing in clean Ultra High Purity (UHP) hydrogen and strategic industrial gases, announced that, further to its press release dated January 14, 2026, the Company has secured additional…

Saint-Gobain makes acquisitions in Dominican Republic, Belgium and the Netherlands

Saint-Gobain S.A. (Courbevoie, France) is reinforcing its construction chemicals position with an agreement to acquire a majority stake in Morteros de Europa in the Dominican Republic; and an agreement to acquire Grouttech, i.e. Grout Techniek B.V. (Netherlands) and Grout Techniek…

Siemens and CAPHENIA accelerate scale-up of plasma-based SAF production

Siemens AG (Munich, Germany) and the German cleantech company CAPHENIA are partnering to scale the production of Sustainable Aviation Fuel (SAF). SAF is a synthetic kerosene made from renewable feedstocks that can reduce CO2 emissions by up to 80% compared…

Worley awarded EPCM contract for first phase of hydrogen pipeline project in Denmark

Worley Ltd. (North Sydney, Australia) has signed a five‑year Engineering, Procurement and Construction Management (EPCM) services contract by Energinet to support Phase 1 of the Danish Hydrogen Backbone pipeline. The Danish hydrogen infrastructure is a cornerstone project in Denmark’s ambition…

Power2X acquires hydrogen developer HyCC to accelerate clean molecule delivery

Power2X announced the acquisition of HyCC, the Netherlands-based large-scale green hydrogen project developer. The acquisition strengthens Power2X’s position as a clean molecules leader, focused on clean fuels and feedstocks for industries in the Netherlands and Germany. The deal creates more…

Operations commence at world’s largest methanation test facility

Inpex Corp. (Tokyo) and Osaka Gas Co., Ltd. commenced demonstration operations of a methanation test facility for a joint technology development project aimed at the practical implementation of a CO2 methanation system to achieve carbon neutrality for city gas. This…

Técnicas Reunidas-led consortium to advance carbon capture for construction and steel industries

A consortium led by Técnicas Reunidas S.A. (TR; Madrid, Spain), with the participation of Cementos Cruz, Ferrovial and Urdecón, announced the development of the CO2MCHRETE project, focused on a new technological solution for carbon capture in industrial processes.  The CO2MCHRETE…

Carbon Direct and C2X project in Louisiana will convert forestry residue to biofuels

Carbon Direct (New York) and C2X Ltd. have announced a new collaboration to advance the Beaver Lake Biofuels project in Louisiana. This project presents a pioneering approach to biomass carbon removal and storage (BiCRS), transforming forestry residues and by-products into…

Asahi Kasei to acquire German biopharmaceutical company Aicuris for €780 million

Asahi Kasei Corp. (Tokyo) announced it has entered into a definitive agreement to acquire all issued shares of Aicuris Anti-infective Cures AG, a German-based biopharmaceutical company, for approximately €780 million. This transaction expands Asahi Kasei’s specialty pharmaceutical platform further into…