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Latest News: Business

AFRY awarded engineering contract for major carbon-capture project in the U.K.

AFRY AB (Stockholm, Sweden) has been awarded an engineering assignment by Kanadevia Inova in connection with the development of the U.K.’s first full-scale carbon capture facility in the waste-to-energy sector. The project is being developed by Encyclis, a leading owner…

Merck KGaA to acquire U.S.-based Bio-Techne Corp. for $11.3 billion

Merck KGaA, Darmstadt, Germany and Bio-Techne Corp., a Minneapolis-based global provider of life science tools, analytical technologies, and consumables, entered into a definitive agreement pursuant to which Merck KGaA, Darmstadt, Germany, will, subject to customary closing conditions, acquire Bio-Techne for…

Rockwell manufacturing site named part of WEF’s Global Lighthouse Network

Rockwell Automation Inc. (Milwaukee, Wis.; www.rockwellautomation.com), the world’s largest company dedicated to industrial automation and digital transformation, recently announced its Singapore manufacturing facility has been named a member of the Global Lighthouse Network by the World Economic Forum (WEF; www.weforum.org).…

U.S. EPA announces settlement with Chemours on past PFAS releases

Yesterday, the U.S. Environmental Protection Agency (EPA; www.epa.gov), the U.S. Department of Justice (DOJ; www.justice.gov), and the West Virginia Department of Environmental Protection (WV DEP; dep.wv.gov) announced the first comprehensive federal settlement with a major PFAS manufacturer, Chemours (Wilmington, Del.;…

U.S. chemical volumes projected to rise 0.5% in 2026, ACC mid-year report forecasts

ACC’s (Washington, D.C.; www.americanchemistry.com) mid-year assessment of economic conditions was published at the end of last week. Despite the significant disruptions to the global economy, the U.S. economy has remained broadly resilient heading into mid‑2026. While export demand for advantaged…

Hy2gen announces support for renewable hydrogen project from European Hydrogen Bank

Hy2gen Nordic AS, a subsidiary of the global renewable hydrogen producer Hy2gen AG (Weisbaden, Germany; www.hy2gen.com), announced yesterday that its Albatros renewable hydrogen project has been selected for support under the European Hydrogen Bank (EHB), an E.U. financing instrument for…

Dow announces $100 million investment in specialty silicone manufacturing

Dow Chemical Co. (Midland, Mich.; www.dow.com) announced the advancement of a series of targeted investment projects totaling approximately $100 million by the end of 2027 to expand its global specialty silicones manufacturing and innovation capabilities. These investments reinforce the company’s commitment to…

Amogy and KOWA form partnership for ammonia-cracking-based hydrogen supply in Japan

Amogy Inc. (Brooklyn, N.Y.) and KOWA Company, Ltd. (KOWA) announced a partnership to bring ammonia cracking-based hydrogen supply solutions in Japan, following the signing of a Memorandum of Understanding (MoU) between the two companies in April 2026. Through the collaboration,…

FDA confirms Coperion recycling technology for food-grade rHDPE and rPP

Coperion Gmbh (Stuttgart, Germany) has received a Letter of No Objection (LNO) from the U.S. Food and Drug Administration (FDA) for its high-density polyethylene (HDPE) and polypropylene (PP) recycling technology. The letter confirms that the combination of Coperion twin screw…

New self-regulating electrolyzer supports artificial photosynthesis

Researchers at Osaka Metropolitan University have developed an artificial photosynthesis system capable of producing solar fuels more stably by integrating a self-regulating chemical component directly into the electrolyzer itself. The new device doesn’t rely on a battery-powered control method, removing…