Equinor Energy AS (Stavanger, Norway) has entered into an agreement with Standard Lithium Ltd. (Vancouver, B.C., Canada) to acquire a 45% share in two lithium project companies in Southwest Arkansas and East Texas. Standard Lithium recently commissioned a direct lithium…
Avium, LLC (www.aviumenergy.com), an alkaline electrolysis company supported by Tallgrass, received a three-year, $5 million award from the Department of Energy (DOE). The DOE funding will accelerate the commercialization of robust and reliable alkaline electrolyzers by combining Avium’s proven low-cost,…
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo) has concluded a General License Agreement (GLA) with Chiyoda Corp. (Yokohama, Japan). Under this strategic collaboration agreement, MHI will grant license of "KM CDR Process" and "Advanced KM CDR Process" to Chiyoda, which is…
Asahi India Glass Ltd. (AIS), India’s leading glass manufacturer, and INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, have entered into a 20-year offtake agreement for supply of Green Hydrogen, to AIS’s greenfield float-glass facility in…
Ashland Global Holdings Inc. (Wilmington, Del.) announced that it has signed a definitive agreement to sell its nutraceuticals business to Turnspire Capital Partners LLC. The transaction is expected to close in the calendar third quarter 2024, subject to the satisfaction…
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings…
BASF SE (Ludwigshafen, Germany) plans to expand the global production capacity of its Basoflux range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable BASF’s Oilfield Chemicals business to meet the current and future demand of…
Last month, the LF AI & Data Foundation (lfaidata.foundation) under the auspices of the Linux Foundation (San Fransciso, Calif.; linuxfoudation.org) launched the Open Platform for Enterprise Artificial Intelligence (OPEA; opea.dev) as its latest Sandbox Project. The initiative is aimed at…
Wacker Chemie AG (Munich, Germany) is increasing capacities in the field of biopharmaceuticals for advanced therapies. Wacker Biotech US, a subsidiary specializing in the fermentative production of plasmid DNA (pDNA), is expanding its mRNA and protein production. As a contract…
Carbon Clean (London) has achieved a fabrication milestone on Ørsted’s FlagshipONE project, Europe’s largest commercial-scale eMethanol facility under construction. The first equipment has been mounted on the structural steel of the first module, marking the start of the module assembly…