Latest News: Business
Toray Industries develops first solvent-based recycling technology for recovering PPS from waste
Toray Industries, Inc. (Tokyo, Japan; www.toray.com) announced that it has developed what it believes is the industry’s first solvent-based recycling technology to recover polyphenylene sulfide (PPS) from waste materials. The technology selectively dissolves and separates PPS from the materials while…
Air Liquide invests 170 million euros to supply ultra-high-purity gases to semiconductor manufacturer in Japan
Air Liquide (Paris, France; www.airliquide.com) today announced a new investment of more than 170 million euros to supply ultra-high purity gases to a leading semiconductor manufacturer in Japan. Under a long-term agreement, the Group will support the expansion of its…
Westlake to close PVC plant in Cologne, Germany
Westlake Corp. (Houston, Texas; www.westlake.com) announced today that, in light of challenging market conditions, the Company is taking action to improve profitability by closing its polyvinyl chloride (PVC) plant in Cologne, Germany. Chemical production in Europe continues to face difficult conditions, including…
Gen-H Energy and Hycamite sign MoU for power project in Finland based on methane pyrolysis
GEN-H Energy SL (Madrid, Spain; www.gen-h.com) is planning a 200–300-megawatt balancing power project in Kotka, Finland, where electricity will be generated from natural gas without carbon dioxide emissions. Hycamite (Kokkola, Finland; www.hycamite.com) equipment – based on methane pyrolysis – will…
Technip Energies awarded contract for development of petrochemical complex in Türkiye
Technip Energies N.V. (Paris, France; www.ten.com) has been awarded contracts by Petkim, a subsidiary of SOCAR, in connection with the development of a proposed integrated petrochemical complex in Aliağa, Türkiye. The contracts include the license for a world-scale mixed-feed ethylene…
Tecnimont USA signs FEED contract with Argent for LNG export facility in Louisiana
MAIRE S.p.A. (Milan, Italy; www.groupmaire.com) announced today that its U.S. subsidiary Tecnimont USA Inc. has signed the Front-End-Engineering Design (FEED) contract with Argent LNG, LLC for the development of Argent's liquefied natural gas (LNG) export facility at Port Fourchon, Louisiana.…
Avantium announces first commercial-scale production of bio-based FDCA from its flagship plant
Avantium N.V. (Amsterdam, the Netherlands; www.avantium.com) a leading company in renewable and circular polymer materials, today announced that it has successfully produced the first batch of furandicarboxylic acid (FDCA) at its FDCA Flagship Plant in Delfzijl, the Netherlands, the world's…
Hyundai E&C joins R&D project to develop 100-MW water electrolysis plants
Hyundai Engineering & Construction Co., Ltd. (Seoul, South Korea) is moving to enhance its competitiveness by securing core technologies for next-generation water electrolysis plants. The Korean builder announced on Friday the 18th that it will participate in a government-funded R&D…
INA’s Rijeka Refinery achieves successful start-up of delayed coker unit
INA-Industrija nafte, d.d. (Zagreb, Croatia) has reached another major milestone at the Rijeka Refinery Upgrade Project. Following the successful achievement of mechanical completion and commissioning, the new Delayed Coker Unit (DCU) has successfully achieved start-up. Following the transfer of operational…
Sulzer’s purification technology starts up at BeyondPoly POE plant in China
Sulzer Ltd. (Winterthur, Switzerland) has delivered its DEVO™ devolatilization technology to BeyondPoly's Version 2.0, 100,000-ton-per-year polyolefin elastomer (POE) plant in China. POE is an increasingly important material used in solar panels, electric vehicles, energy storage systems, and other advanced manufacturing…