Stora Enso Oyj (Helsinki, Finland) acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1.020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable…
BASF SE (Ludwigshafen, Germany) and Samsung Heavy Industries Co., Ltd. (SHI) will carry out a collaborative feasibility assessment of capturing CO2 onboard maritime vessels using BASF’s OASE blue technology for flue gas applications. Towards this end, both parties signed a…
Swiss clean energy company Synhelion S.A. (Lugano, Switzerland) recently announced a major milestone by becoming the first company in the world to successfully produce syngas on an industrial scale using only solar heat as an energy source, through their innovative…
LyondellBasell (Rotterdam, the Netherlands) announced that Hanwha Solutions Corporation (Hanwha) will use the LyondellBasell Lupotech T high-pressure polyethylene technology at a new site in Yeosu, South Korea. The Lupotech T process technology will be used for a 300,000 ton per…
Lanxess AG (Cologne, Germany) has commissioned a new wastewater treatment plant at its Belgium Kallo/Antwerp site. The special chemicals company invested around EUR 12 million in the plant, which has a treatment capacity of around 260,000 L of wastewater per…
TNG Ltd., an Australian resource company, has awarded Metso Outotec Corp. (Helsinki, Finland) a study to reduce Mount Peake Ti-V magnetite concentrate using Circored technology, which uses hydrogen as its only reductant source. As part of the study, Metso Outotec will…
Samsung Engineering Ltd. (Seoul, South Korea), SEDC Energy (a wholly owned subsidiary of Sarawak Economic Development Corporation (SEDC)) and Sarawak Energy Berhad, LOTTE CHEMICAL, and POSCO Holdings jointly announced the signing of a Memorandum of Understanding (MoU) to study the…
Cummins Inc. (Indianapolis, Ind.) will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 gigawatt (GW) with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. IPCEI – recently approved by the European…
Linde plc (Guildford, U.K.) announced that it will build a 35-megawatt PEM (Proton Exchange Membrane) electrolyzer to produce green hydrogen in Niagara Falls, New York. The new plant will be the largest electrolyzer installed by Linde globally and will more…
McDermott International Inc. (Houston), together with its storage business, CB&I, has been awarded a Front-End Engineering Design (FEED) contract from Gunvor Petroleum Rotterdam B.V. for the Green Hydrogen Import Terminal project. The project is part of Gunvor's program to transform…