The preliminary value for the CE Plant Cost Index (CEPCI) for July 2024 (most recent available) was slightly lower, but almost unchanged, compared to the previous month’s value. The final value for June 2024 was downwardly revised by a small…
Mitsubishi Gas Chemical Company, Inc. (MGC; Tokyo) announced that it joined the City of Yokohama, Maersk AS, Kokuka Sangyo Co., Ltd., Idemitsu Kosan Co., Ltd., Uyeno Transtech Ltd. and Yokohama Kawasaki International Port Corp. in a simulation of methanol bunkering,…
Kemira Oyj (Helsinki, Finland) has invested in expanding the coagulant capacity in Fredrikstad in Norway to meet the growing market demand and to ensure production reliability in the Nordic region including Norway, Sweden and Finland. The scope of the investment…
Indian Oil Corporation Ltd. (IOCL; Mumbai) has selected Univation's UNIPOL PE Process Technology for a world-scale production line to be located at IOCL's Paradip Petrochemical Complex site in Paradip, India. The unit is designed to achieve a nameplate production capacity…
AdvanSix (Parsippany, New Jersey) announced that it has been awarded an approximately $12 million grant from the U.S. Department of Agriculture (USDA) through the Fertilizer Production Expansion Program (FPEP) supporting the expansion of innovative American fertilizer production strengthening domestic supply…
MAIRE S.p.A. (Milan) announced that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary NextChem Tech, has been awarded by SOCAR two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil Refinery (HAOR) industrial complex in Baku, Azerbaijan. NextChem…
Saudi Arabian Mining Company (Ma’aden) has agreed to acquire SABIC’s 20.62% share in Aluminium Bahrain (ALBA), following the satisfaction of certain agreed conditions, as it continues to pursue regional growth opportunities across its business. The transaction is indicative of Ma’aden’s…
CarbonScape Ltd. (Riverlands, New Zealand) announces a significant leap forward in its journey towards commercialization by selecting the Sunila site in Finland, owned by Stora Enso Oyj (Helsinki, Finland; a co-owner of CarbonScape), as the location for its biographite demonstration…
Clariant AG (Muttenz, Switzerland) announced that it has reached an agreement to divest its real estate property “Industrial Park Fechenheim,” Frankfurt am Main, Germany to the Lugman Group, a Frankfurt-based single-family office specialized in real estate, for €95 million in…
SK Energy, a subsidiary of SK Innovation Co. (Seoul, South Korea), announced the completion of South Korea’s first dedicated Sustainable Aviation Fuel (SAF) production line. The new facility, which leverages advanced co-processing technology, is set to commence commercial production next…