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Latest News: Business

DuPont secures 100% renewable electricity sources across its E.U. operations

DuPont (Wilmington, Del.) announced 100% of its grid electricity is from renewable sources across its entire European Union (E.U.) operations, through the use of Renewable Energy Certificates (RECs). This milestone underscores the company's commitment to achieving its renewable energy goal…

Hitachi Energy provides hydrogen-power technology for green energy project in China

Hitachi Energy has delivered rectifier transformers for electrolytic hydrogen to a hydrogen-power technology park built by China Energy Engineering Corporation (CEEC) in Songyuan, a city in northeast China. The transformer solution helps ensure a reliable power supply for hydrogen production…

ExxonMobil to sell French subsidiary Esso S.A.F.

ExxonMobil France Holding has entered into exclusive negotiations with North Atlantic France SAS for both the proposed sale of its 82.89% majority shareholder interest in Esso Société Anonyme Française SA (Esso S.A.F.), as well as the proposed sale of ExxonMobil…

BASF takes full ownership of Alsachimie joint venture

BASF SE (Ludwigshafen, Germany) and DOMO Chemicals (Leuna, Germany) have signed an agreement giving BASF the right to take over DOMO Chemicals’ 49% share of the Alsachimie joint venture, in which BASF currently holds 51%. According to applicable laws, the…

U.S. CSB issue 2nd update on 2024 chemical fire investigation

The U.S. Chemical Safety and Hazard Investigation Board (CSB; www.csb.gov) today released its second update on the agency’s ongoing investigation into the September 29, 2024, chemical fire at the Bio-Lab, Inc. facility in Conyers, Georgia.   The incident occurred when…

Saint-Gobain launches low-carbon insulation plant in the U.K.

Saint-Gobain S.A. (Courbevoie, France) has announced the launch of a new low-carbon stone-wool insulation plant in the U.K., which will be located on a site owned by the Group in Melton Mowbray, Leicestershire, and is expected to begin production in…

Graphitic Energy and Technip Energies enter strategic collaboration to scale up methane pyrolysis

Graphitic Energy (formerly known as C-Zero; Santa Barbara, Calif.) has entered into a strategic collaboration with the Claremont office of Technip Energies USA to jointly develop and deploy Graphitic’s innovative methane pyrolysis (also called “turquoise hydrogen“) technology. This innovative process…

Canada’s largest industrial-scale biochar plant inaugurated

Airex Energy (Bécancour, Quebec, Canada), Groupe Rémabec, a Quebec-based forestry company and SUEZ Group (Paris) inaugurated  Carbonity, Canada's first industrial-scale biochar plant, in Port-Cartier. Resulting from a partnership between the three companies, the plant will start with a production capacity…

Borealis and Borouge expand global XLPE and Semicon capacity

Borealis Group (Vienna, Austria) and Borouge Plc have announced a significant expansion of their global capacity for cross-linked polyethylene (XLPE) and semiconductive (semicon) compounds—supporting customers to deliver the power cables essential to distribution and transmission grids. By the end of…

Wood selected as project management consultancy for first major methanol plant in the UAE

Wood plc (Aberdeen, U.K.) has secured a contract from TA’ZIZ to provide project management consultancy (PMC) for the development of the U.A.E.’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. Construction will be completed by 2028 and…