Occidental has announced that its subsidiary 1PointFive, a carbon capture, utilization and sequestration company, announced it has leased, through an affiliate, more than 55,000 acres along the Texas Gulf Coast, to develop a carbon capture and sequestration hub with the…
MECS, Inc. (MECS), a subsidiary of Elessent Clean Technologies, was contracted for the provision of an MECS sulfuric acid plant by Lithium Americas Corp. (LAC). The new 3,000 MTPD sulfuric acid plant will feature MECS HRS technology to harness waste…
The Momentive Performance Materials group (Momentive) announced a growth investment to build a new manufacturing facility in Rayong, Thailand. Breaking ground on what will be home to a new state of the art facility, this new site will expand Momentive’s…
BASF SE (Ludwigshafen, Germany) announced its investment in a new citral plant as part of its Verbund site in Zhanjiang, China, and menthol and linalool downstream plants at its Verbund site in Ludwigshafen, Germany. These plants are expected to come…
Cabot Corp. (Boston, Ma.) announced plans to establish a new state-of-the-art technology center in Münster, Germany. The new technology center will focus on technical collaboration with customers in order to accelerate application innovation for Cabot’s battery materials product lines within…
Huntsman Corp. (The Woodlands, Tex.) has announced that its Rotterdam, the Netherlands and Wilton, U.K. manufacturing facilities have achieved the International Sustainability & Carbon Certification (ISCC PLUS) for mass balance following audits by Bureau Veritas. ISCC PLUS is a global…
Kemira Oyj (Helsinki, Finland) and Metsä Group (Espoo, Finland) have agreed to jointly develop a new sustainable product or raw material related to the forest industry by 2027. As major industrial players, the two companies are well-positioned to reduce the…
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The Saudi Arabian Oil Company (Aramco; Dhahran) has completed the acquisition of the Valvoline Inc. (Lexington, Ky.) global products business (‘Valvoline Global Operations’) for $2.65 billion, through one of its wholly-owned subsidiaries. With this acquisition, which follows the signing of…
KBR, Inc. (Houston) has signed a contract with Hyundai Engineering Company (HEC) Ltd to supply proprietary equipment for the first modular plant for its leading advanced plastics recycling technology Hydro-PRT. The plant will be installed at LG Chem's Chronos Project…