Ascend Elements (Westborough, Mass.) announced the opening its first commercial-scale lithium-ion battery (LIB) recycling facility this week. Located in Covington, Georgia, the $50 million Base 1 facility is North America’s largest electric vehicle-battery-recycling facility. As demand for electric vehicles increases,…
Resonac Corp. (Tokyo; formerly Showa Denko) will increase its capacity to produce “Dicing Die Bonding Film,” which is a two-in-one adhesive film with the functions for both dicing tape and die bonding film used in semiconductor packaging process (backend process),…
Thyssenkrupp Uhde (Essen, Germany) and IDESA Industrial Plants SLU (IDIP) have signed a memorandum of understanding (MoU) to cooperate on developing and fabricating modules for green ammonia projects. The MoU was signed in Essen, Germany on March 23, 2023. The…
Vertex Energy, Inc. (Houston) announced the successful mechanical completion of its transformational renewable-diesel unit at the company's Mobile, Ala. refining facility. Mechanical completion of the renewable diesel unit has been successfully achieved. As the project team proceeds with commissioning the…
ENEOS Materials Corp. (formerly the elastomers business unit of JSR Corp.) and Yokogawa Electric Corp. (Tokyo) announce they have reached an agreement that Factorial Kernel Dynamic Policy Programming (FKDPP), a reinforcement learning-based AI algorithm, will be officially adopted for use…
Nacero (Houston) will transition its current pre-construction, multi-billion USD facility in Texas, designed to produce low carbon gasoline to the production of sustainable aviation fuel (SAF) and lower carbon aviation fuel (LCAF). When fully completed, Nacero's facility in Texas will…
Linde plc (Guildford, U.K.) announced that it has signed a long-term agreement with ExxonMobil Corp. (Houston) for the offtake of carbon dioxide associated with Linde’s new clean hydrogen production in Beaumont, Texas. Linde previously announced that it will build, own…
Clariant AG (Muttenz, Switzerland) announced the completion of the divestment of its North American Land Oil business to Dorf Ketal (Mumbai, India), a specialty chemicals manufacturer and service provider headquartered in India, for $14.5 million on 31 March 2023. Clariant’s…
Ineos (London) announced that INEOS Phenol completed its acquisition of the entire asset base of Mitsui Phenols Singapore Ltd from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million. The business has a turnover of…
A new joint venture — Envalior — has emerged from the combination of two industry leaders in engineering materials – DSM N.V. (Heerlen, the Netherlands) Engineering Materials (DEM) and Lanxess AG (Cologne, Germany) High Performance Materials (HPM) – under the…