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Latest News: Business

Eni and Snam launch Italy’s first carbon-capture and storage project

Eni S.p.A. (Rome, Italy; www.eni.com) and Snam S.p.A. (Milan, Italy; www.snam.it), within the framework of the equal Joint Venture set up for the purpose, announced the commencement of CO2 injection activities in the reservoir for Phase 1 of Ravenna CCS.…

LanzaTech signs master license agreement with Sekisui for waste-to-EtOH platform in Japan

LanzaTech Global, Inc. (Chicago, Ill.; www.lanzatech.com), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, has signed a Master License Agreement with Sekisui Chemical Co. Ltd. (Tokyo, Japan; www.sekisuichemical.com) to deploy, at commercial scale, a jointly…

Evonik upgrades to renewable energy for production of high-performance foam

Specialty chemical maker Evonik Industries AG (Essen, Germany; www.evonik.com) has upgraded the production of the high-performance foam ROHACELL® at its main site in Darmstadt, Germany, to use only electricity from renewable energy sources. As a result, Evonik’s High Performance Polymers…

U.S. Department of Energy announces funding for battery-related research ‘Innovation Hubs’

Today, the U.S. Department of Energy (DOE; Washington, D.C.; www.energy.gov) today announced $125 million in funding for two Energy Innovation Hub teams to provide the scientific foundation needed to seed and accelerate next generation technologies beyond today’s generation of lithium…

PPG expands coatings production capacities in Malaysia

PPG (Pittsburgh, Pa.)  announced that it has expanded operations in Petaling Jaya, Malaysia to include the production of non-stick coatings for kitchenware, industrial bakeware and low friction applications. The plant now has additional capacity to support growing regional coatings demand…

AtkinsRéalis to design major vaccine manufacturing facility in Canada

AtkinsRéalis Group Inc. (Montreal, Queb., Canada) has won a mandate from Jubilant HollisterStier, a leading global pharmaceutical contract manufacturer, to provide detailed design for the expansion of their sterile injectable facility in Montreal as part of Canada’s Biomanufacturing and Life…

Motiva licenses UOP process technologies for new aromatics complex in Texas

Motiva Enterprises, LLC (Houston) announced that it has advanced its aromatics project by executing a license for Honeywell UOP's aromatics technologies and is now undertaking engineering and design work. The project, planned for construction at Motiva's Manufacturing Complex in Port…

PPG agrees to sell silicas business for $310 million

PPG (Pittsburgh, Pa.) announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA S.A., a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty…

New green-hydrogen cluster in Sweden will support carbon-neutral fertilizer

Green hydrogen company Lhyfe (Paris, France),  OX2 (Stockholm, Sweden), one of Europe’s largest onshore wind developers, and green-fertilizer firm Velarion Group are joining forces to create a hydrogen-based industrial cluster in the Ånge municipality in Sweden. This project, situated in…

Evonik completes methionine capacity expansion in Singapore

Evonik Industries AG (Essen, Germany) announced that its expansion of MetAMINO (DL-methionine) production facilities in Singapore has been completed. The MetAMINO production on Jurong Island is again running at full capacity, after shutdowns in Q4/2023 and Q2/2024. The production capacity…