Latest News: Business
USA Rare Earth to construct new rare-earth refining and manufacturing facility in South Carolina
USA Rare Earth, Inc. (Stillwater, Okla.) announced the selection of Cherokee County, South Carolina, as the site of a new magnet manufacturing and refined metals operation. The project is expected to create about 490 high-skill, high-wage jobs in the Upstate,…
Veolia completes acquisition of Clean Earth
Veolia (Paros) has completed the financial close of its acquisition of Clean Earth, a hazardous waste management firm operating in a sector that has become increasingly critical for industrial competitiveness, public health and environmental security in the United States and…
Orion launches production of circular carbon black at Qingdao, China site
Orion S.A. (Spring, Tex) announced that it is producing circular carbon black at its ISCC PLUS-certified plant in the eastern coastal city of Qingdao, China. The facility is making three grades — ECORAX® Circular 200, 210 and 215 — from…
Sasol invests €60 million to expand chemicals production site in Germany
Sasol International Chemicals, a business of Sasol Ltd. (Johannesburg, South Africa), announced a €60-million investment at its Brunsbüttel, Germany site to expand its advanced materials and specialty chemicals capabilities, reinforcing the company’s position as a leading global supplier of high‑performance…
A new partnership establishes supply chain for renewable nylon
Goldwin Inc., Neste Corp. (Espoo, Finland), Idemitsu Kosan Co.,Ltd. (Tokyo) and Toray Industries, Inc. (Tokyo) have established a supply chain for nylon fiber made from renewable raw materials. Neste supplies Neste RE, a renewable raw material that enables the production of…
Axens and Green Sky Capital collaborating on SAF production plant in Egypt
Axens (Rueil-Malmaison, France) announced its collaboration with Green Sky Capital for the development of a 200,000 metric tons per year (m.t./yr) sustainable aviation fuel (SAF) production facility in Egypt, set to become the first SAF production plant in Egypt and…
Air Liquide invests in quantum-processing startup Quobly
Air Liquide S.A. (Paris) has announced an investment in the French startup Quobly, through the Group’s corporate venture capital arm, ALIAD. Quobly develops quantum processors using proven semiconductor manufacturing processes. This strategic partnership supports the shift from fundamental research to…
Mitsui Chemicals to expand production capacity for ophthalmic lens material
Mitsui Chemicals, Inc. (Tokyo) announced plans to boost production capacity for its world-leading MR™ series of high refractive-index lens material. MR™ by Mitsui Chemicals is the de facto standard in high-refractive-index lens materials. As a leader in revolutionizing eyewear products…
Encina and BASF announce strategic collaboration supporting circular chemical manufacturing
Encina Development Group, LLC (Encina), a manufacturer of ISCC PLUS certified circular chemicals announced the execution of a strategic Collaboration Agreement with BASF SE (Ludwigshafen, Germany) supporting the development of Encina’s planned U.S. Gulf Coast circular chemicals manufacturing facility. The…
UBE JV to construct new production facility for battery separator films
UBE MAXELL CO., LTD., a joint venture of UBE Corp. (Tokyo) and Maxell, Ltd. (President: Keiji Nakamura), announced the company has decided to construct a new production facility for lithium-ion battery (LiB) separator base film at its Sakai Works to…