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Latest News: Business

Imerys completes acquisition of Chemviron’s European diatomite and perlite business

Imerys S.A. (Paris) has completed the acquisition of the European diatomite and perlite business of Chemviron, a subsidiary of Calgon Carbon Corporation. In 2024, this business generated approximately €50 million in revenue and employed around 130 people. Thanks to this…

U.S. Dept. of Energy announces funding for three research centers on microelectronics science

In late December, the U.S. Department of Energy (DOE; Washington, D.C.; www.energy.gov) announced $179 million in funding for three Microelectronics Science Research Centers (MSRCs). These three MSRCs will perform basic research in microelectronics materials, device and system design, and manufacturing…

Avina Clean Hydrogen announces plans for sustainable aviation fuel facility in Illinois

Avina Clean Hydrogen Inc. (Short Hills, N.J.) has announced a transformative $820-million investment in the development of a state-of-the-art sustainable aviation fuel (SAF) production facility in Southwest Illinois. Leveraging KBR’s alcohol-to-jet technology, the facility will produce up to 120 million…

Air Liquide E&C awarded FEED contract for Heracles’ CCS project in Greece

Heracles, a member of Holcim Group, signed a Front-End Engineering Design (FEED) contract with Air Liquide Engineering and Construction (E&C) for the CO2 capture, liquefaction, storage and dispatch facilities as part of  HERACLES’ large-scale Olympus Carbon Capture & Storage (CCS)…

Wood completes sale of EthosEnergy for $138 million

John Wood Group PLC (Wood; Aberdeen, U.K.) announced that it has completed the sale of its stake in Ethos Energy Group Ltd., a joint venture focused on rotating equipment. Wood has completed the sale to One Equity Partners for a final…

BASF sells Food and Health Performance Ingredients business

BASF SE (Ludwigshafen, Germany) has signed a binding agreement to sell its Food and Health Performance Ingredients business, including the production site in Illertissen, Germany, to Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods including…

Mitsubishi Chemical Group targets EV batteries, semiconductors with pair of expansion projects

The Mitsubishi Chemical Group (MCG; Tokyo) has announced two capacity expansions at its production sites in Japan in response to growing demand for semiconductor materials and lithium-ion batteries. In the first project, MCG will increase its production capacity of a…

AGC and CERT Systems enter research partnership to further CO2-to-ethylene conversion

AGC, Inc. (Tokyo) has agreed to a joint research contract with Canada-based climate tech startup company, CERT Systems Inc. (hereafter CERT) to conduct research on the production of ethylene using CO2 as a raw material through electrolysis technology. In this…

Messer Group starts up “green” CO2 plant

Messer Group GmbH (Bad Soden, Germany) has begun operations at a new plant producing green CO2 at its Vrdy site in the Czech Republic. This enables Messer to increase the supply reliability of its customers, for example in the local…

Toray to build gigawatt-class mass-production system for water electrolyzer materials

Toray Industries, Inc. (Tokyo) announced that the Ministry of Economy, Trade and Industry has selected the company’s project to build a gigawatt-class mass production system for electrolyte membranes used in water electrolyzer for the Green Transformation Supply Chain Development Support…