Latest News: Business
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…
Aker Solutions and Microsoft partner to advance carbon capture and removal projects globally
Aker Solutions ASA (Fornebu, Norway) has signed an agreement with Microsoft Corp. (Redmond, Washington) to advance the maturity, bankability and delivery of carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects across the globe. Under the agreement, Aker…
KBR wins contract for Kazakhstan’s first SAF fuel plant
KBR, Inc. ( Houston, Tex.) announced it has been awarded a contract by KazMunayGas-Aero LLP (KMG-Aero; Astana, Kazakhstan), a subsidiary of NC KazMunayGas JSC, and KazFoodProducts LLP (KFP) for Kazakhstan's first sustainable aviation fuel (SAF) production plant. Under the terms…
Metso acquires pump technologies assets from Valmet
Metso Corp. (Espoo, Finland) has signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, as well as related aftermarket spare parts and service offering capabilities, from Valmet Oyj (Espoo, Finland), a global technology leader in serving…
Fujifilm completes new post-CMP cleaner production plant at Oita, tripling capacity
Fujifilm Corp. (Tokyo, Japan) has announced the completion of a new production facility for post-CMP cleaners at the Oita Factory of FUJIFILM Electronic Materials Co., Ltd. (FFEM), the core company leading Fujifilm's semiconductor materials business. The facility began operations in…
INEOS Inovyn to acquire ethylene dichloride assets in the U.K.
INEOS Inovyn (London, U.K.) has confirmed an agreement to acquire the remaining 50% shareholding in Runcorn MCP Limited, together with the assets and employees associated with ethylene dichloride (EDC) production at Runcorn, from Vynova Runcorn Limited, following its entry into…
Enapter starts AEM electrolyzer stack production in China
Enapter AG (Hamburg, Germany) is implementing its previously announced realignment toward an asset-light business model, with the start of AEM electrolyzer stack production at new production partner Runqing Hydrogen Technology Co., Ltd. (Shenzhen, China), a member of the Runshihua Group,…
AI-driven coating process demonstrated for all-solid-state battery cathode materials
Hitachi High-Tech Corp. (Tokyo, Japan) and Powrex Corp. (Itami, Japan) have completed a joint demonstration to investigate optimal coating conditions for the surfaces of cathode active materials used in all-solid-state battery manufacturing — a process designed to prevent output degradation…