The preliminary value for the CE Plant Cost Index (CEPCI) for July 2023 (most recent available) fell compared to the previous month’s value, the second straight monthly decline. To arrive at the decline in the overall CEPCI for July, decreases…
KBR, Inc. (Houston) has been awarded a license and engineering design contract by Hanwha Impact Corp, for the world's first commercial ammonia cracking unit using KBR's leading H2ACT technology in Daesan, Republic of Korea. In this largest capacity ammonia cracking…
CF Industries Holdings, Inc. (Deerfield, Ill.) and POSCO Holdings Inc., South Korea’s largest steelmaker, as well as a leader in energy trading and power generation, announced that the companies are evaluating a joint venture to construct a low-carbon clean ammonia…
Topsoe A/S (Lyngby, Denmark) has been selected by PT KPI as a technology licensor to provide its HydroFlex technology for the production of renewable fuels at the Cilacap Refinery Complex in Central Java, Indonesia. Once complete, the grassroot unit will use Topsoe’s…
OCI Global N.V. (Amsterdam, the Netherlands) announced an agreement to offtake green hydrogen from New Fortress Energy Inc.’s (NFE) (NASDAQ: NFE) ZeroParks beginning in 2025, following a competitive bidding process. The agreement will allow OCI Global to significantly scale up…
PPG (Pittsburgh, Pa.) announced that it has completed an expansion of its powder coatings plant in Sumaré, Brazil. The $2.7 million (13 million Brazilian reals) project increased the production capacity of the facility by 40%. The unit is expected to…
Evonik Industries AG (Essen, Germany) is one step closer to its goal of closing the material cycle in the polyurethane industry. The company has joined forces with the Remondis Group, one of the world's leading recycling companies to secure the…
OCI Global N.V. (Amsterdam, the Netherlands) announced plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high emissions industries, including road transport, shipping…
Lhyfe (Paris) and Exogen Hydrogen Solutions have signed a Memorandum of Understanding for the combined offering of comprehensive decarbonization solutions for industrial steam, district heating, and mobility applications powered by green hydrogen. This partnership paves the way for a new…
LG Chem Ltd. (Seoul, South Korea) and Italian energy group and Eni Sustainable Mobility jointly announced that they are exploring the possibility to develop and operate a new biorefinery at LG Chem’s Daesan chemical complex, 80 kilometers southwest of Seoul,…