Axens (Rueil-Malmaison, France) announced that its designed ebullated-bed residue hydrocracking (H-Oil) unit and distillates hydrocracking (HyKTM) unit and Naphtha Hydrotreating (NHT) unit were successfully started at Shenghong Refining & Chemical (Lianyungang) Co. Ltd.’s crude to para-xylene complex in China’s province…
Fluor Corp. (Irving, Tex.) announced that H2 Green Steel has selected Fluor to provide engineering, procurement and construction management services at the world's first renewable hydrogen-based integrated ‘green steel’ mill in Boden, Sweden. Fluor’s scope includes a melt shop, casting,…
GEA Group (Düsseldorf, Germany) is investing €18 million ($20 million) in a technology center for alternative proteins in Wisconsin, U.S. The new food tech hub will pilot microbial, cell-based and plant-based foods. GEA's state-of-the-art technologies and a team of biotechnology…
Oulu Energy is planning to build a 100 megawatts (MW) hydrogen production plant in Oulu, northern Finland. When completed, the plant would be a big step towards clean energy production and thus a natural part of Oulu Energy’s goal of…
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…