Mobile Navigation

Latest News: Business

Arkema achieves mass-balance ISCC+ certification at its powder-coating resins facility in Spain

Arkema S.A. (Colombes, France) has obtained ISCC+ certification for its powder-coating resins facility located in Sant Celoni, Spain; as part of a larger initiative designed to decarbonize the global coating value chain. It expands Arkema’s range of mass-balance solutions with…

Técnicas Reunidas to provide engineering services for the development of green-ammonia projects in Spain

Técnicas Reunidas S.A. (TR; Madrid, Spain) has signed an agreement with IGNIS P2X to provide engineering services for the design of up to five green ammonia projects in different locations in Spain, with a possible final investment that could exceed…

Kemira expands portfolio in micropollutant-treatment market with acquisition of Norit’s reactivation business

Kemira Oyj (Helsinki, Finland) has signed a definitive agreement to purchase Norit’s U.K. reactivation business from Purton Carbons Ltd. This acquisition is the first step for Kemira in entering the activated carbon market for micropollutants removal. Activated carbon is the…

LanzaTech and LanzaJet launch new technology to convert waste, carbon, and renewable power to SAF

LanzaTech Global, Inc. and LanzaJet, Inc. are launching CirculAir, a new joint offering to convert waste, carbon, and renewable power into sustainable aviation fuel (SAF) and immediately accelerate decarbonization of the aviation industry globally. CirculAir is a breakthrough offering that…

Saint-Gobain to acquire Fosroc for over $1 billion

Saint-Gobain S.A. (Courbevoie, France) announced that it has entered into a definitive agreement to acquire FOSROC, a leading privately owned global construction chemicals player for $1.025 billion (approximately €960 million) in cash. Following the acquisitions of Chryso in 2021, GCP…

Phillips 66 achieves full production rates of renewable fuel at Rodeo Renewable Energy Complex

Phillips 66 (Houston) announced the full conversion of the Rodeo Renewable Energy Complex, expanding commercial-scale production and positioning the company as a leader in renewable fuels. The Rodeo facility in the San Francisco Bay Area increased rates to approximately 50,000…

KBR to provide green-ammonia technology for Ocior Energy in India

KBR, Inc. (Houston) announced its green ammonia technology, K-GreeN, has been selected by OCIOR Energy for its plant located in Odisha's Gopalpur region, India. This will be the 10th KBR-licensed green ammonia plant globally and the first to be located…

Wood awarded contract for hydrogen-storage preparation in the North Sea

Wood plc (Aberdeen, U.K.) has been awarded a contract by Centrica Energy Storage (CES) for the redevelopment of the U.K.’s Rough field in readiness for future hydrogen storage. The Rough reservoir, located in the Southern North Sea, has been used…

Covestro to deploy Rondo Energy heat battery in Germany

Covestro AG (Leverkusen, Germany) is partnering with Rondo Energy, Inc. (Oakland, Calif.) to install an innovative heat battery for the first time: The Rondo Heat Battery stores intermittent renewable electricity and delivers continuous high-temperature steam, thus offers a sustainable alternative…

INEOS commissions new pilot production line for recyclable flexible-packaging films

INEOS Olefins & Polymers Europe says it has become the first polymer producer in the world to successfully commission a new pilot line that it will work with customers to co-develop recyclable flexible packaging films. The multi-million Euro investment could…