LG Chem Ltd. (Seoul, South Korea) announced that is has signed a Heads of Agreement (HOA) with CJ CheilJedang at the Yeouido LG Twin Towers for the establishment of a joint venture dedicated to the production and sales of eco-friendly…
Electrolyzer manufacturer Sunfire announced that Finland's first industrial-scale electrolysis plant has been installed in Harjavalta, one year after the groundbreaking ceremony. The project partners expect production of green hydrogen in the second half of the year. A purchase agreement has…
Henkel AG (Düsseldorf, Germany) has signed an agreement to acquire the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners (USA). Seal for Life is a specialized supplier of protective coating and sealing solutions in a broad variety of…
The preliminary value for the CE Plant Cost Index® (CEPCI; top) for December 2023 (the most recent available) edged slightly higher than the previous month’s value, reversing a trend of dereasing values for the past six months. Within the overall…
Eastman Chemical Co. (Kingsport, Tenn.) announced a long-term agreement with Nord Pal Plast SA part of Dentis Group, a leading Italian multinational company specializing in the recovery and mechanical recycling of PET packaging waste. Through their mechanical recycling sites in…
Verde Clean Fuels, Inc. (Houston) and Cottonmouth Ventures LLC, a subsidiary of Diamondback Energy, announced that the parties have executed a Joint Development Agreement (JDA) for the proposed development, construction, and operation of a facility to produce commodity-grade gasoline utilizing…
Jet Zero Australia Pty Ltd (Jet Zero) announced the execution of a first-of-a-kind License and Engineering Agreement for Australia between Jet Zero and LanzaJet, Inc (LanzaJet). The agreement will progress the development of Project Ulysses, a North Queensland Sustainable Aviation…
W.R. Grace & Co (Grace; Columbia, Md.) announced that China Coal Shaanxi Energy & Chemical Group Co., Ltd. (China Coal Shaanxi Company) has expanded its license for Grace’s UNIPOL PP process technology, doubling its polypropylene production capacity from 300,000 to…
Honeywell International Inc. (Charlotte, N.C.) announced that ENEOS Corp. (Tokyo), a leading energy company in Japan, will develop the world's first commercial scale Liquid Organic Hydrogen Carrier (LOHC) project using Honeywell's solution at multiple sites. The LOHC solution enables the…
AkzoNobel N.V. (Amsterdam, the Netherlands) announced that a major capacity expansion has been completed at the company's Powder Coatings site in Como, Italy, which will help secure supply to customers across Europe, Middle East and Africa (EMEA). Four new manufacturing…