KBR, Inc. (Houston) announced that it has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country wide masterplan for the production of 17GW of renewables and 25GW of green hydrogen by 2050. Under…
Titanium dioxide manufacturer Kronos Worldwide, Inc. (Dallas, Tex.) has acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. (LPC) previously held by Venator Investments, Ltd. Prior to the acquisition, Kronos, through a wholly-owned subsidiary, held a 50% joint…
Methanex Corp. (Vancouver, B.C., Can.) and carbon-capture specialist Entropy Inc. (Calgary, Alta., Canada) have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (Pre-FEED) study for carbon capture, utilization and sequestration (CCUS) deployment at Methanex’s Medicine…
Avantium N.V. (Amsterdam, The Netherlands) announced a strategic collaboration with leading textile innovators Auping, Monosuisse and Antex. This partnership aims to develop PEF-based yarns, to be used in mattresses for Auping. This collaboration demonstrates the broad potential of fibers and…
The preliminary value for the CE Plant Cost Index® (CEPCI) for May 2024 (most recent available) rose slightly compared to the previous month’s value. The final value for April 2024 was itself upwardly revised. The small uptick in the May…
Air Liquide S.A. (Paris) announced that its large-scale CO₂ -iquefaction technology, Cryocap LQ, has been selected by Stockholm Exergi AB, Stockholm’s energy company, to contribute to its Bio-Energy Carbon Capture & Storage (BECCS) project. This new technology is an important…
Air Products (Lehigh Valley, Pa.) announced two projects to enhance the sustainability, productivity and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market. Air Products will construct two new air…
Messer Group GmbH (Bad Soden, Germany) plans to build a plant for the production of green hydrogen in the Brainergy Park Jülich intermunicipal industrial estate in Germany, a business park is designed to promote technologies supporting energy transition. The hydrogen…
BASF SE (Ludwigshafen, Germany) has signed an agreement with Solenis (Wilmington, Del.) , a global producer of specialty chemicals, to sell BASF’s flocculants business for mining applications. The divestment of BASF’s flocculants business to Solenis is part of BASF’s portfolio…
Eni S.p.A. (Rome, Italy) and ITQuanta have agreed to form a joint venture, Eniquantic, with the aim of developing an integrated quantum-computing platform with hardware and software that is intended to be capable of solving very complex problems (mathematical optimization,…