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Latest News: Business

Solstice Advanced Materials to expand uranium conversion site in Illinois

Solstice Advanced Materials (Morris Plains, N.J.) announced that its Metropolis Works, Ill., facility is projected to produce over 10,000 metric tons (10 kt) of uranium hexafluoride (UF6) in 2026, which represents about a 20% increase from its planned output in…

Yokogawa and ANYbotics join forces to integrate robotic technologies

Yokogawa Electric Corp. (Tokyo) and ANYbotics (Zurich, Switzerland) announced that they have signed a partnership agreement which will see Yokogawa’s OpreXTM Robot Management Core software integrated with the software stack of ANYbotics’ lineup of ANYmal robots, including the ANYmal X…

SUEZ and Pyreg launch pyrolysis technology to produce biochar from sewage sludge

SUEZ and PYREG, a global leader in organic waste pyrolysis solutions, are pleased to announce the deployment of Pyrolis® S2B, an innovative integrated solution for pyrocarbonization. This cutting-edge technology converts sewage sludge into biochar, offering a sustainable carbon sequestration solution…

Fujifilm Biotechnologies opens new manufacturing center in the U.K.

FUJIFILM Biotechnologies, a world leading contract development and manufacturing organization (CDMO) for biologics, vaccines, and advanced therapies, celebrated the grand opening of its expanded site in Teesside, U.K., today The significantly expanded presence, funded through a total investment of approximately…

Kemira to acquire coagulant manufacturer in Germany

Kemira Oyj (Helsinki, Finland) is strengthening its Water Solutions business in Europe by acquiring SIDRA Wasserchemie. The acquisition is subject to merger clearance by the Federal Cartel Office in Germany and is expected to close during the first half of…

Flowserve acquires valves division of Trillium Flow Technologies for $490 million

Flowserve Corp. (Dallas, Tex.) has signed a definitive agreement to acquire Trillium Flow Technologies’ Valves Division (TVD), a market leading provider of highly engineered mission-critical valves used in nuclear and traditional power generation, industrial, and critical infrastructure applications for $490…

Rockwell Automation opens Security Operations Center in Singapore

Rockwell Automation, Inc. (Milwaukee, Wisc.) has launched a Security Operations Center (SOC) in Singapore, enhancing cybersecurity resilience for industrial customers across Asia Pacific. The new facility is part of Rockwell Automation's global network of Managed Security Services and delivers 24/7…

Covestro, Fertiglobe and TA’ZIZ exploring strategic ammonia and nitric acid collaboration

Covestro AG (Leverkusen, Germany), Fertiglobe (Dubai, U.A.E.) and Abu Dhabi Chemicals Derivatives Co. RSC Ltd. (TA’ZIZ) have signed a Memorandum of Understanding (MoU) to explore collaboration across the ammonia and nitric acid value chains. The MoU reflects the parties’ shared…

Moeve and TAQA Morocco announce plans for green hydrogen project

Moeve (Madrid, Spain) and TAQA Morocco have announced the signing of a preliminary land reservation agreement with the Government of Morocco, as part of the country’s Green Hydrogen Offer to develop a large-scale project for the production of green ammonia…

Bilfinger awarded contract for bp’s green hydrogen project at Lingen

Bilfinger SE (Mannheim, Germany) has been awarded a contract as part of a consortium to deliver the prefabrication, assembly and installation of plant components for bp’s new green hydrogen electrolyzer. With a planned capacity of 100 megawatts, the new production…