Latest News: Business
Siemens Energy and Siemens Gamesa to rebrand as Omterra
Siemens Energy AG (Munich, Germany) is beginning preparations for the transition to an independent brand, following its spin-off from Siemens AG in 2020 and the company's successful subsequent development. This move is based on the time-limited license agreement governing the…
DuPont launches end-to-end direct lithium extraction portfolio for diverse brine resources
DuPont de Nemours, Inc. (Wilmington, Del.) has launched an end-to-end Direct Lithium Extraction (DLE) portfolio comprising more than 20 products across multiple technologies, designed to improve lithium recovery and provide tailored solutions for diverse brine resources, supporting scalable lithium production…
PureCycle Technologies and partners to champion recycled-content BOPP film in Japan
PureCycle Technologies, Inc. (Orlando, Fla.), a specialist in plastic recycling, has announced a strategic partnership with RM TOHCELLO Co., Ltd. (Tokyo, Japan), one of the world's largest producers of biaxially oriented polypropylene (BOPP) film, and Mitsui & Co., Ltd. (Tokyo,…
ABB expands industrial automation portfolio with $5.5-billion Rotork acquisition
ABB Ltd. (Zurich, Switzerland) has agreed with Rotork plc (Bath, U.K.), a well-established global provider of mission-critical intelligent flow control solutions and a leading independent manufacturer of electric actuators, the terms of a recommended cash offer for the entire issued…
Air Liquide invests $160 million to supply ultra-high-purity gases to semiconductor fab in Arizona
Air Liquide S.A. (Paris, France) announces a new investment of over $160 million to build, own and operate a new large-scale production facility in Arizona to supply essential ultra-high-purity gases to the latest fab expansion of a global leader in…
BASF inaugurates new production plant for specialty emollients in Germany
BASF SE (Ludwigshafen, Germany) has inaugurated a new plant in Düsseldorf, Germany, to produce specialty emollients, particularly for skin care and sun protection products. With this investment in the mid double-digit million-euro range, BASF is strategically expanding its capacity for…
Bunge supplying 300,000 tons of soybean oil for Acelen Renewables’ biorefinery in Brazil
Acelen Renewables (Bahia, Brazil), an energy company owned by Mubadala Capital, and Bunge Global S.A. (St. Louis, Missouri), a global leader in agribusiness, food, and ingredients, have signed a five-year agreement for the supply of 300,000 metric tons of certified…
New plant in Germany represents major milestone in cement decarbonization
The CI4C (Cement Innovation for Climate) Pure Oxyfuel plant in Mergelstetten, Baden-Württemberg, Germany, has been officially inaugurated, marking a major milestone in the decarbonization of cement production. thyssenkrupp Polysius GmbH (Beckum, Germany), together with thyssenkrupp Calvion GmbH (Ennigerloh, Germany), contributed…
John Cockerill advances electrolyzer production following McPhy acquisition
One year after acquiring McPhy's strategic assets, John Cockerill Hydrogen (Seraing, Belgium) has reached a new milestone in its industrial development. In Belfort, France, teams have produced the first electrolysis stack assembled on-site using an innovative production line. Meanwhile, in…
Alzchem to establish nitroguanidine production site in South Carolina
Alzchem Group AG (Trostberg, Germany) announced that it has selected Bushy Park in South Carolina as the site for its nitroguanidine production in the United States. The project is intended to supply the U.S. market under a contract with the…