Mobile Navigation

Latest News: Business

PPG completes expansion of industrial coatings plant in Vietnam

PPG (Pittsburgh, Pa.) announced the completion of upgrades that have expanded the capacity of its Yen Phong industrial coatings plant in Bắc Ninh province, Vietnam. The enhancements include a new production line dedicated to PPG Aquacron waterborne decorative and functional…

Air Products acquires hydrogen production assets in Uzbekistan

Air Products (Lehigh Valley, Pa.) announced that it has agreed to acquire Saneg’s hydrogen production assets for $140 million, located at the Fergana Oil Refinery in Uzbekistan. This strategic acquisition is in alignment with the refinery's global modernization process and…

Linde Engineering coordinating electrolyzer installations for Shell and RWE projects in Germany

Linde Engineering (Pullach, Germany) has announced its involvement with two green-hydrogen projects in Germany — REFHYNE II at Shell's Rheinland Energy and Chemicals Park and RWE's 14-MW pilot electrolysis facility located in Lingen, part of the Get H2 Nukleus project.…

Hystar awards thyssenkrupp Automation Engineering FEED contract for automated electrolyzer production line

Hystar AS (Høvik, Norway) has awarded German industrial engineering company thyssenkrupp Automation Engineering with the Front-End Engineering Design (FEED) contract for the supply of Hystar’s automated electrolyzer manufacturing line for its GW factory in Høvik, Norway. The contract marks a…

Gevo to supply renewable fuel blendstock to Shell

Gevo, Inc. (Englewood, Colo.) announced a purchase agreement for its low-carbon intensity fuel blendstock with Shell Global Solutions Deutschland GmbH for use in motorsports. Gevo’s renewable blendstock is suitable for premium motorsport fuels, demonstrating that sustainability and peak performance belong…

Toyo Engineering, PIHC and Itochu to collaborate on green ammonia project in Indonesia

Toyo Engineering Corp. (Tokyo)  has signed a Joint Development Agreement (JDA) with Pupuk Indonesia Holding Company (PIHC), a state-owned fertilizer company in Indonesia, and Itochu Corp. Corporation (Tokyo). The agreement focuses on producing green ammonia by installing an electrolyzer at…

Lyondellbasell to acquire recycling technology firm APK AG

LyondellBasell (LYB; Rotterdam, the Netherlands) announced it entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany. Enabled by its technology, the acquisition positions LYB to grow and upgrade its Circular and Low Carbon Solutions business.…

Lanxess announces plans to continue production of chromium oxide pigments

Lanxess AG (Cologne, Germany) is continuing the production of chromium oxide pigments at the Krefeld-Uerdingen site and is discontinuing its original plans to sell the business. Around 50 people are employed at the plant for chromium oxides, which are used…

New initiative aims to demonstrate efficient manufacturing technologies for fiber-based products

  The VTT Technical Research Centre of Finland (VTT; Espoo, Finland; www.vttresearch.com) announces a new initiative to address the challenges of energy and resource consumption in the forestry and textile industry. The goal of the Energy First initiative is to…

Asian and North American industrial valve markets increase, German industry group says

The industrial valves industry can look back on a successful first half of 2024, exceeding expectations. Despite a decline in domestic [German] sales, overall growth of 5% in nominal terms was achieved as a result of a strong expansion of…