Latest News: Business
SLB launches new fluid-systems production plant in Mozambique
SLB N.V. (Houston, Tex.) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s…
Eni CCUS Holding installs milestone offshore CCS platform in Liverpool Bay
Eni CCUS Holding, owned jointly by Eni S.p.A. (Rome, Italy) and Global Infrastructure Partners (GIP; New York), part of BlackRock, Inc. (New York), announced that Liverpool Bay CCS has completed the installation of the new Douglas CCS platform in Liverpool…
STX Group signs e-methane offtake agreement from TURN2X plant in Spain
STX Group (Amsterdam, the Netherlands), a leading environmental commodity trader, has announced its first offtake of RFNBO (Renewable Fuel of Non-Biological Origin)-compliant e-Methane, produced by TURN2X GmbH (Munich, Germany) at its first commercial plant in Spain. The agreement provides STX…
Hertha Metals breaks ground for high-purity iron plant in Texas
Hertha Metals Inc. (Conroe, Texas) broke ground on Hertha Chalyx, its first commercial plant, designed to produce about 10,000 metric tons a year of steel-grade and magnet-grade high-purity iron combined. Built next to Hertha’s Pi100 pilot plant, Chalyx forms the…
Veolia completes $58-million wastewater treatment facility in New Jersey
Veolia S.A. (Paris) announced the completion of the Princeton Meadows Wastewater Treatment Facility with a ribbon-cutting ceremony, marking a major investment in resilient infrastructure, environmental protection and long-term water sustainability. Serving approximately 11,000 residents and businesses, the new facility features…
Metacon awarded funding for biomethane-to-hydrogen pilot in Crete
The wholly owned Greek subsidiary of Metacon AB (publ) (Uppsala, Sweden), Metacon S.A. (Patras, Greece), has been awarded E.U. project funding to develop and demonstrate hydrogen production from biomethane in the BIOH2VAP project. The project will validate Metacon’s reforming technology…
Imerys launches industrial-scale production of bio-based synthetic graphite
Imerys Graphite and Carbon Switzerland Ltd. (IGC; Bodio, Switzerland), a subsidiary of Imerys S.A. (Paris, France), announced a breakthrough with its SU-NERGY™ graphite line: its first industrial-scale graphite with a significantly reduced climate impact. Made using biomass-based feedstock, this next-generation…
Technip Energies awarded EPC contract for HPCL lube modernization project
Technip Energies N.V. (Paris, France) has been awarded a large engineering, procurement and construction (EPC) contract by Hindustan Petroleum Corp. Ltd. (HPCL; Mumbai, India) for its Lube Modernization and Bottom Upgradation (LMBU) project at the Mumbai Refinery in Maharashtra, India.…
PPG to invest $70 million to expand aerospace site in Huntsville, Alabama
PPG Industries, Inc. (Pittsburgh, Pa.) announced a $70 million investment to expand its aerospace transparencies site in Huntsville, Alabama. The investment is part of a series of multi-year projects that support the company’s ongoing efforts to increase production capacity and…
Verbio commissions large-scale ethenolysis plant for bio-based chemicals in Bitterfeld, Germany
Verbio SE (Zörbig, Germany) is entering the large-scale production of bio-based chemicals with an investment of nearly EUR 100 million. Today, the company is officially commissioning the world’s first large-scale ethenolysis plant based on rapeseed methyl ester at its Bitterfeld…