Latest News: Business
Renolit invests €56 million in automated mixing plant at Worms headquarters
At the headquarters of RENOLIT SE (Worms, Germany), construction work on a new plant for mixing formulations as part of raw materials processing — known as the "mixing plant" — is progressing. Earthworks for the project began in February this…
Worley completes renewable hydrogen study for ARENA
Worley Ltd. (North Sydney, Australia) has completed a strategic advisory study for the Australian Renewable Energy Agency (ARENA; Canberra, Australia), providing executive-ready insight to inform strategic planning and decision-making on renewable hydrogen development. Commissioned by ARENA, the study examines the…
Moeve invests €100 million in environmental initiatives at San Roque facilities
Moeve S.A. (Madrid, Spain) announced that its San Roque Energy Park and Puente Mayorga Chemical Plant, both located in San Roque, invested a total of €100.7 million in environmental initiatives in 2025. Key projects focused on improving water management and…
Samsung E&A wins EPC contract for SABIC Agri-Nutrients’ complex in Saudi Arabia
Samsung E&A Co., Ltd. (Seoul, South Korea) signed an Engineering, Procurement and Construction (EPC) contract with Saudi Arabia's SABIC Agri-Nutrients Co. (Jubail, Saudi Arabia) for the SAN-7 Project. The contract is worth KRW 4.7 trillion (about USD 3.5 billion), and…
Bayer and Neste finalize agreement to scale low-carbon biofuels feedstock
Bayer AG (Leverkusen, Germany) and Neste Oyj (Espoo, Finland), the world's leading producer of renewable diesel and sustainable aviation fuel, have finalized a commercial agreement to jointly scale Bayer's newgold® winter canola. The collaboration will enable Bayer to significantly expand…
S-Oil reaches final investment decision for Axens’ liquid phase xylene isomerization technology
Following the license agreement signed between S-OIL Corp. (Seoul, South Korea) and Axens S.A. (Rueil-Malmaison, France) in late 2024 for Axens' Liquid Phase Xylene Isomerization (LPI) technology, the project has now reached Final Investment Decision. The unit, which is to…
Amogy, LOTTE Fine Chemical sign MOU to advance ammonia-to-hydrogen solutions
Amogy Inc. (Brooklyn, New York), a provider of mature, scalable, and efficient ammonia-to-power solutions, and LOTTE Fine Chemical Co., Ltd. (Ulsan, South Korea), which operates Asia's largest ammonia import, storage, and distribution networks, today announced the signing of a Memorandum…
R3 Lithium starts operations to produce lithium carbonate from recycled battery materials
R3 Lithium (Covington, Ga.; www.r3lithium.com) today announced initiation of operations to produce lithium carbonate from 100% recycled battery materials at North America’s first proven commercial-scale lithium carbonate recovery facility in Covington, Georgia. The company, which also announced that it has…
RTI International opens $14 million expansion of Pilot Xcelerator facility in N.C.
Moving a breakthrough technology from the laboratory to commercial deployment remains one of the biggest challenges facing energy and industrial innovators. To help close that gap, RTI International (Research Triangle Park, N.C.; www.rti.org), an independent scientific research institute, today opened a…
Sasol enters agreement to sell Nitrates business
Sasol, Ltd. (Sandton, South Africa) has entered into a sale agreement with Enaex Africa (Dunkeld, South Africa) for the sale of its Nitrates business, which includes the primary ammonia conversion plants in Secunda and Sasolburg that convert ammonia into feedstock…