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Arkema signs 20-year contract with EDF Renewables for supply of decarbonized power

Arkema S.A. (Colombes, France) has signed a 20-year contract with EDF Renewables for the supply of 20 GWh/year of renewable electricity. This partnership will start in 2026 and will cover 70% of Bostik's electricity consumption in France. Starting from 2026,…

ADNOC and Mitsubishi Heavy Industries to collaborate on low-carbon ammonia and hydrogen projects

ADNOC (Abu Dhabi) and Mitsubishi Heavy Industries, Ltd. (MHI) announced the signing of a strategic collaboration agreement (SCA) to explore potential opportunities to build low carbon energy supply chains and advance carbon neutral solutions to accelerate decarbonization across the energy…

Solvay completes spinoff of specialty business unit, forming new firm Synesqo

Solvay S.A. (Brussels, Belgium) has successfully completed the spin-off its Specialty activities to Syensqo, a pivotal moment in its rich history. This move marks a significant strategic shift for the Group, positioning it as a frontrunner in essential chemicals on…

Cyclyx reaches investment for its first plastics circularity center in Houston

Cyclyx International, a joint venture among Agilyx, ExxonMobil, and LyondellBasell, announces a final investment decision (FID) to build the first Cyclyx Circularity Center (CCC). The facility is designed to accept and process plastics that are currently going to U.S. landfills…

Ineos to acquire LyondelBasell’s ethylene oxide and derivatives business

Ineos (London) has announced an agreement with LyondellBasell to buy its Ethylene Oxide and Derivatives business including the Bayport Underwood site, Texas. The deal includes the 420,000-ton Ethylene Oxide plant, the 375,000-ton Ethylene Glycols plant and the 165,000-ton Glycol Ethers…

Orlen Unipetrol launches emissions-reduction upgrade project

The ORLEN Unipetrol Group has launched the implementation of an extensive investment at its production plant in Kralupy nad Vltavou. The investment is focused primarily on recovering of flue heat from combustion processes. ORLEN Unipetrol expects from this project, which…

Cepsa and C2X set up joint project to develop the largest green methanol plant in Europe

Cepsa  (Madrid, Spain) and C2X, an independent company majority owned by A.P. Moller Holding with A.P. Moller – Maersk as minority owner, announce a joint ambition to develop a green methanol plant in the port of Huelva, southern Spain. Green…

Asahi Kasei invests in Canadian manufacturer of anion exchange membranes

Asahi Kasei Corp. (Tokyo) has made an investment in Ionomr Innovations Inc., a Canadian startup that manufactures anion exchange membrane (AEM). Ionomr’s high-performance, durable, next-generation membrane has the potential to be transformative for the cost-efficient and scalable production of green…

Trinseo inaugurates new PMMA depolymerization plant in Italy

Trinseo (Berwyn, Pa.) announced the inauguration of its next generation, polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy. Scheduled to be commissioned in Q1 2024, this demonstration facility marks a pivotal step towards reshaping the plastics ecosystem as part of…

Fluor awarded contracts for Dow’s net-zero ethylene cracker project in Canada

Fluor Corp. (Irving, Tex.) announced that it was awarded two contracts from Dow (Midland, Mich.) for the construction of the world’s first net-zero scope 1 and 2 emissions integrated ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. The…