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Latest News: Business

Plug Power to supply PEM electrolyzer systems to Allied Biofuels for SAF

Plug Power Inc. (Slingerlands, N.Y.; www.plugpower.com), a global leader in comprehensive hydrogen solutions for the hydrogen economy, announced Oct. 30 the execution of a binding supply agreement with Allied Biofuels FE LLC (ABF; Perth, Australia; www.alliedbiofuels.com) for up to 2…

LG Chem and Zeiss announce alliance on photopolymer film for holographic displays

Zeiss (Jena, Germany; www.zeiss.com), known worldwide for expertise in optics and photonics, and LG Chem (Seoul, South Korea; www.lgchem.com), a leader in advanced materials, announced their strategic alliance that stands for robust, sustainable, and innovative photopolymer film supply on industrial…

MHI and Nippon Shokubai receive approval for project on decentralized ammonia cracking

Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.com) and Nippon Shokubai Co., Ltd. (Osaka, Japan; www.shokubai.co.jp) have received approval for their jointly submitted proposal to Japan's New Energy and Industrial Technology Development Organization (NEDO) for its "Development of Technologies for…

Evonik expands long-chain polyamide production capacity in China

Evonik (Essen, Germany; www.evonik.com) announced today the successful trial production of the second polyamides reactor at its Shanghai, China site. The achievement paves the way to doubling Evonik’s long-chain polyamides production capacity in Asia, and strengthening the company’s market-leading role…

Chevron Lummus announces agreement on ART catalyst portfolio

Chevron Lummus Global (CLG; Houston, Tex.; www.chevronlummus.com) announced an agreement that will enhance CLG's catalyst business by reshaping how it develops, sells and supports a portion of the Advanced Refining Technologies (ART or ART Hydroprocessing™) catalyst portfolio. A premier provider…

Plug Power partners with Edgewood Renewables to build renewable fuels facility in Nevada

Plug Power Inc. (Latham, N.Y.) announced a strategic partnership with Edgewood Renewables to support the development and construction of its advanced renewable fuel facility in North Las Vegas, Nevada. The project is designed to process waste biomass feedstocks to produce…

Outokumpu to construct enriched ferrochrome pilot plant in New Hampshire

Outokumpu (Helsinki, Finland) is investing approximately $45 million in a new pilot plant in New Hampshire, planned to be operational in H1 of 2027. The unique pilot plant  will represent a significant step forward in Outokumpu's strategy to scale up…

Siemens and Capgemini expand collaboration to develop AI technologies for engineering and manufacturing

Siemens AG (Munich, Germany) and Capgemini SE (Paris, France) are expanding their strategic partnership to co-develop AI-native digital solutions for product engineering, manufacturing and operations. Such solutions fundamentally embed artificial intelligence at their core from inception, rather than merely adding…

Syensqo to divest Oil & Gas business to SNF Group

Syensqo S.A. (Brussels, Belgium) announced that it has entered into an agreement to divest its Oil & Gas Business Unit to SNF Group (Andrézieux-Bouthéon, France), a specialty chemical company headquartered in France and a global leader in polyacrylamide production, for…

BASF will construct electronic-grade ammonium hydroxide plant to support semiconductor manufacturing

BASF (Ludwigshafen, Germany; www.basf.com) today announces the construction of a state-of-the-art electronic-grade ammonium hydroxide (NH4OH EG) plant in Ludwigshafen, Germany, in support of wafer cleaning, etching and other precision processes in semiconductor manufacturing. This critical ultra-pure chemical will support the…