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Latest News: Business

Abraxas Power and EDF Group to jointly develop green hydrogen project in Newfoundland

Abraxas Power Corp. (Toronto, Ont., Canada) and EDF Group (Paris, France), a key player in the energy transition and a world leader in low-carbon energy, are pleased to announce they have entered into strategic development agreements to jointly develop the…

Toyo, Itochu and PIHC form joint venture for green ammonia production in Indonesia

 Toyo Engineering Corp. (Tokyo) has signed a Shareholder Agreement (SHA) to establish Joint Venture Company with Pupuk Indonesia Holding Co. (PIHC), a state-owned fertilizer company in the Republic of Indonesia, and ITOCHU Corp. (Tokyo). The agreement focuses on producing green…

Avantium and SCG Chemicals sign agreement to pilot polylactic-co-glycolic acid production

Avantium N.V. (Amsterdam, the Netherlands; www.avantium.com)  a leading company in renewable and circular polymer materials, announces the strengthening of its partnership with SCG Chemicals Public Company Limited (Bangkok, Thailand; www.scgchemicals.com) a leading chemical player in Asia and an innovator of…

Rio Tinto to supply iron ore pellets to steel decarbonization project in France

Rio Tinto (London, U.K.; www.riotinto.com) has entered into definitive agreements with GravitHy (Marseille, France; www.gravithy.eu), an early-stage industrial company, to help accelerate GravitHy’s steel decarbonization project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction…

Uniper selects Electric Hydrogen technology for northern Germany project

  Uniper (Düsseldorf, Germany; uniper.energy) has selected Electric Hydrogen (Natick, Mass.; www.eh2.com) as its exclusive partner to design a 200 Megawatt (MW) electrolyzer plant for the large-scale electrolysis within Uniper’s Green Wilhelmshaven project in Northern Germany. Electric Hydrogen began conducting…

Asahi Kasei breaks ground on lithium-ion battery separator facility in Ontario, Canada

Asahi Kasei Battery Separator Corporation marked a significant step in its commitment to supporting the North American electric vehicle (EV) market by breaking ground on its new lithium-ion battery separator manufacturing facility in Port Colborne, Ontario, Canada. The plant is expected…

Neste will supply renewable feedstock for chemicals and plastics to Singapore producer

Neste (Espoo, Finland; www.neste.com) and Singapore-based essential chemicals company PCS Pte. Ltd. (www.pcs.com.sg) have launched a cooperation for the supply of renewable solutions to Southeast Asia’s chemicals industry. The collaboration aims at introducing renewable raw materials to replace fossil ones…

Vulcan and BASF form partnership to explore expansion of geothermal power at BASF sites

Vulcan Energy (Karlsruhe, Germany)  and BASF SE (Ludwigshafen, Germany) have signed a memorandum of understanding, in the presence of Daniela Schmitt, Minister of Economic Affairs, Transport, Agriculture, and Viniculture for Rhineland-Palatinate, to explore the use of geothermal energy at BASF’s…

Sulzer technology enabling sustainable aviation fuel production in China

Sulzer Ltd. (Winterthur, Switzerland) announced that its technologies have been selected for Sustainable Aviation Fuel (SAF) production in support of China’s carbon neutrality strategy. Made from renewable feedstocks, SAF meets rigorous aviation performance standards while cutting greenhouse gas emissions by…

Eastman to expand interlayer production capabilities in Belgium

Eastman Chemical Co. (Kingsport, Tenn.) announced that it is making an investment to upgrade and expand its extrusion capability for production of Interlayers product lines at its manufacturing facility in Ghent, Belgium. The investment will strengthen Eastman’s supply capability to…