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Repsol acquires stake in three Bunge Iberica production facilities

Repsol S.A. (Madrid, Spain) and Bunge (St. Louis, Mo.) have agreed to partner in the development of new opportunities to help meet the growing demand for lower carbon intensity feedstocks for the production of renewable fuels. This alliance, the first…

3M invests in hydrogen electrolyzer manufacturer EVOLOH

3M (St. Paul, Minn.) has invested in EVOLOH, a cleantech company that is working to scale up manufacturing of its electrolyzers to make green hydrogen affordable and efficient. Electrolyzers work by using electricity to separate the atoms in water. The…

Henkel and Kraton enter supply agreement for lower-carbon adhesive formulations

Henkel AG (Düsseldorf, Germany) and Kraton Corp. (Houston) announced a multi-year supply partnership. In this agreement, Kraton will supply Henkel Adhesive Technologies with high-performance, biobased tackifiers and its patented REvolution rosin ester technology to enable carbon emission reductions in a…

ITM Power and Sumitomo complete installation of first-of-a-kind electrolyzer demonstration in Japan

ITM Power (Sheffield, U.K.) and Sumitomo Corp. (Tokyo) have announced the delivery and installation of a NEPTUNE electrolyzer at Tokyo Gas Co Ltd’s Yokohama Techno Station. This unit marks the first deployment of a megawatt-class PEM electrolyzer made overseas and…

TotalEnergies and Sinopec join forces to produce sustainable jet fuel at a Sinopec refinery

TotalEnergies SE (Paris) and China Petroleum and Chemical Corp. (Sinopec; Beijing, China) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC's refinery in China. The planned unit, jointly owned…

KBR awarded predictive maintenance services contract from Petro Rabigh

KBR, Inc. (Houston) announced that it has secured a five-year asset condition monitoring program contract from Rabigh Refining & Petrochemical Company (Petro Rabigh) to deploy predictive maintenance services at its plant in Rabigh, Saudi Arabia.  The program will optimize asset…

Sumitomo Chemical and Valent BioSciences announce divestiture of Pace International

SSumitomo Chemical Co. (Tokyo, Japan) and its subsidiary Valent BioSciences LLC (Libertyville, Ill.) announced that Pace International LLC (Pace) and its operations overseas will become part of AgroFresh Solutions, Inc., a well-established leader in the postharvest solutions space. The decision…

Eastman selects Longview, Texas as site for new molecular-recycling facility

Eastman Chemical Co. (Kingsport, Tenn.) announced that its second U.S. molecular recycling project has been selected by the Department of Energy (DOE) to begin award negotiations for up to $375 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding…

JERA and ExxonMobil to develop low-carbon hydrogen and ammonia project in the U.S.

JERA Co., Inc. (Tokyo) has reached a Project Framework Agreement with ExxonMobil Corp. (Houston) to jointly explore the development of a low-carbon hydrogen and ammonia production project in the United States. ExxonMobil is currently developing what is expected to be…

ABB and Captimise to collaborate on decarbonization technologies for the cement industry

ABB, Inc. (Zurich, Switzerland) and carbon-capture specialist Captimise are extending their collaboration to drive the adoption of cost-effective carbon capture, utilization and storage (CCUS) technologies in the cement industry. Under a Memorandum of Understanding (MoU), the two companies will develop…