Mobile Navigation

Latest News: Business

Toyo Engineering’s synthesis technology selected for world’s largest urea plant

Toyo Engineering Corp. (Tokyo) announced that its proprietary urea synthesis and granulation license has been selected for the world’s largest urea plant planned by BUA Chemicals Limited (BUA), a chemical fertilizer manufacturer in Nigeria. The plant will consist of two…

Cabot and DUNLOP to collaborate on circular carbon in tire production

DUNLOP Sumitomo Rubber Industries, Ltd. has entered into a Memorandum of Understanding (MOU) with Cabot Corp. (Boston) to evaluate the commercial adoption of circular reinforcing carbons made with Cabot’s patented regenerated carbon technology. This innovative circular reinforcing carbon powered by…

Covestro begins production at new TPU site in Zhuhai, China

Covestro AG (Leverkusen, Germany) has commenced production at its new thermoplastic polyurethanes (TPU) manufacturing site in Zhuhai, a coastal city in South China. The first phase, representing a mid-double-digit million-euro investment, will produce approximately 30,000 tons of TPU annually, meeting…

Palamatic Process will launch innovation center for powder processing in France

Palamatic Process (Brécé, France; www.palamaticprocess.com), experts in powder-handling solutions, will open a new $6-million innovation and center of excellence in 2026 in Brittany, at its headquarters. The objective is to welcome any industrial company wishing to test powder-based products, receive…

AI-driven water demand to surge nearly 130% by 2050, new research suggests

The rapid global expansion of artificial intelligence is set to drive a 129% increase in water demand across the artificial intelligence (AI) value chain by 2050, according to new research by Xylem Inc. (Washington, D.C.; www.xylem.com) and Global Water Intelligence…

Econotherm awarded contract for heat-pipe heat exchangers at Netherlands refinery

Econotherm (Bridgend, U.K.; www.econotherm.co.uk) has been awarded a contract exceeding €3 million for the supply of three fired heater air pre-heaters in a Rotterdam-based refinery. The project, which is being undertaken by the refiner as part of its overall greenhouse-gas…

Sumitomo Bakelite to acquire chemical business from Kyocera

Sumitomo Bakelite Co. (Tokyo) announced plans to acquire all shares of a company newly established by Kyocera Corp., and thereafter will succeed part of the Chemical Business from Kyocera by an absorption-type company split. By acquiring shares of the New…

LANXESS secures green electricity supply to power several production sites in Bavaria

LANXESS AG (Cologne, Germany) and VERBUND, Austria’s leading energy company and one of Europe’s largest producers of hydroelectric power, have signed a contract for the supply of green electricity for the next three years. The agreement ensures a fully sustainable…

Syzygy Plasmonics to supply SAF to Trafigura in landmark deal

Syzygy Plasmonics (Houston), a global leader in light-driven chemical reactor technology, announced a binding six-year Sustainable Aviation Fuel (SAF) offtake agreement between its subsidiary, SP Developments Uruguay S.A., and Trafigura Pte Ltd., a market leader in the global commodities industry.…

Ecolab and CDP launch Water Use Efficiency Index, a new benchmarking tool for industry

Ecolab Inc. (St. Paul, Minn.) and CDP announced a strategic partnership to launch the Water Use Efficiency Index, a new benchmark designed to help companies measure, compare and improve operational water performance. Announced at the World Economic Forum Annual Meeting…