The commercialization of lignin-based advanced materials is progressing — Stora Enso Oyj (Helsinki, Finland) signed a Letter of Intent with Beyonder, a Norwegian energy storage technology company. The Letter of Intent covers optimization of properties and commercial deliveries of lignin-based…
Albemarle Corporation (Charlotte, N.C.) announced that its subsidiary, Albemarle Lithium UK Limited, has completed the acquisition of Guangxi Tianyuan New Energy Materials Co., Ltd. (Tianyuan) for approximately $200 million. A definitive agreement to acquire all outstanding equity from Tianyuan's shareholders…
TotalEnergies SE (TTE; Paris) and Casa dos Ventos (CDV), Brazil's leading renewable energy developer, announced the creation of a 34%(TTE)/66%(CDV) joint venture to jointly develop, build and operate the renewable portfolio of Casa Dos Ventos. This portfolio includes 700 MW…
Topsoe A/S (Lyngby, Denmark) has been selected by Federated Co-operatives Limited (FCL) to officially support the production of renewable diesel in Regina, Saskatchewan, Canada. FCL has chosen Topsoe’s HydroFlex process to produce low-carbon renewable diesel. Henrik Rasmussen, Managing Director, the…
Plug expects to produce 1,000 tons per day of liquid hydrogen by 2028. Plug Power Inc. (Latham, N.Y.) and Olin Corp. (Clayton, Mo.) recently launched their joint venture to begin with the construction of a 15-ton-per-day hydrogen plant in St.…
Cashco, Inc. (Ellsworth, Kansas) has won a statewide award for Manufacturing/Distribution by the Kansas Department of Commerce for the 2022 To the Stars: Kansas Business Awards. The annual awards program recognizes businesses across the state for the valuable contributions they…
ICL Group (Tel Aviv, Israel), a leading global specialty minerals company, plans to build a $400-million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis. This is expected to be the first large-scale LFP material manufacturing…
Par Pacific Holdings, Inc. (Houston) announced that it has signed a definitive agreement to acquire the 63,000-bbl/d Billings refinery and associated marketing and logistics assets (collectively, the Billings Assets) from ExxonMobil Corp. (Houston) and two of its subsidiaries for a…
SK geo centric (SKGC; Seoul, South Korea), a South Korean-based global leader in polypropylene (PP) production, and PureCycle Technologies, Inc. signed a joint venture agreement (JVA) to operate the first Polypropylene recycling plant in Asia. SKGC will make a joint investment with…
Linde plc (Guildford, U.K.) announced it has expanded its existing long-term agreement for the supply of industrial gases with Jindal Stainless Limited (JSL), one of the largest stainless steel producers in India. Linde already supplies oxygen, nitrogen and argon to…