Mobile Navigation

Latest News

Bloom Energy inaugurates electrolyzer production line in Delaware

Bloom Energy Corp. (San Jose, Calif.) inaugurated its high-volume commercial electrolyzer production line at the company’s Newark, Del. facility, increasing the company’s generating capacity of electrolyzers to two gigawatts. The award-winning technology is the most energy-efficient design to produce clean…

Phillips 66 adds fractionation capacity at Sweeny refinery

As part of its third-quarter financial results update, Phillips 66 Inc. (Houston) announced that is has completed an expansion of its Sweeny, Tex. petroleum refininey. The company added fractionation capacity (Sweeny Frac 4), adding 150,000 barrels/day (bbl/d) of capacity. Frac…

Momentive Technologies completes acquisition of CoorsTek’s crucibles business

Momentive Technologies (Strongsville, Ohio) announced it has completed the acquisition of CoorsTek’s (Lakewood, Colo.) crucibles business. This acquisition enables Momentive Technologies to provide semiconductor wafer and fabrication customers with a full range of crucible sizes to meet their advanced materials…

KBR launches large-scale clean ammonia platform

KBR Inc. (Houston) today the launch of its mega 10,000-ton/d blue and green ammonia offering to help meet the growing global sustainable energy and fertilizer demands of today and the future. The new offering leverages KBR’s proven leadership in capacity…

Wood and OMV enter partnership to license chemical-recycling technology

OMV AG (Vienna, Austria) and Wood plc (Aberdeen, U.K.) signed a Memorandum of Understanding (MoU) to enter into a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil technology. The two companies aim to agree on a…

BASF acquires Cargill’s canola-seed plant in Idaho Falls

BASF SE (Ludwigshafen, Germany) is expanding its high oleic canola seed production and processing business in North America through the completed acquisition of Cargill’s Idaho Falls seed production facility. This acquisition will expand the production capacity and reliability for InVigor…

DuPont completes divestiture of Mobility & Materials segment; cancels Rogers acquisition

DuPont (Wilmington, Del.) completed the previously announced divestiture of the majority of its former Mobility & Materials segment (the M&M Business) to Celanese Corp. (Dallas, Tex.) for a purchase price of $11 billion in cash, subject to customary transaction adjustments…

Hexpol to acquire U.S.-based thermoplastics firm

Hexpol AB (Malmö, Sweden) has signed an agreement to acquire 100% of the shares in McCann Plastics LLC from the McCann family. The company is specialized in niche thermoplastic compounds, with special focus on roto molding applications. The acquisition is…

Itochu and Neste undertaking SAF-blending project in Japan

Itochu Corp. (Tokyo) has been selected for a sustainable aviation fuel (SAF) demonstration project by the Japanese Civil Aviation Bureau, Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The aim of the project is to demonstrate the blending of imported…

Clariant completes acquisition of BASF’s U.S. Attapulgite business assets

Clariant AG (Muttenz, Switzerland) has completed the acquisition of BASF’s U.S. based Attapulgite business assets for $60 million in cash. Structured as an asset deal, the transaction includes the transfer of land as well as mining rights, the processing facility,…