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Latest News: Business

Kemira to invest in expansion of capacity at Thailand site

Kemira Oyj (Helsinki, Finland; www.kemira.com) will make a multi-million Euro investment in multiple production line expansion of strength chemical agents for paper, board and tissue at its Wellgrow site in Thailand. The implementation of the expansion project will begin in…

Covestro completes modernization project for TDI plant in Germany

Covestro AG (Leverkusen, Germany; www.covestro.com) has successfully completed the modernization of its TDI (toluene diisocyanate) plant in Dormagen, Germany. At an event with around 60 invited guests from politics, business, and staff, including North Rhine-Westphalia Environmental Minister Oliver Krischer, Covestro officially…

CSB releases update on investigation of 2024 hydrogen sulfide release

Today, the U.S. Chemical Safety and Hazard Investigation Board (CSB; Washington, D.C.; www.csb.gov) released a second update on its ongoing investigation into the fatal hydrogen sulfide release that occurred on October 10, 2024, at the PEMEX Deer Park Refinery in Deer…

LyondellBasell and Covestro to close propylene oxide styrene monomer production unit in the Netherlands

LyondellBasell (Houston, Tex.; www.lyondellbasell.com) and Covestro (Leverkusen, Germany; www.covestro.com) have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. This decision comes after thorough and careful consideration…

Croda opens new lipids manufacturing facility in Pennsylvania

Croda International Plc (Yorkshire, U.K.; www.croda.com)  today announces the opening of a pioneering new lipids manufacturing facility in Lamar, Pennsylvania, USA. Our investment in this new site reinforces Croda’s commitment to drive innovation in drug delivery systems for next-generation therapeutics.…

BASF commissions 54-MW PEM water electrolyzer at Ludwigshafen, Germany

Germany’s largest proton exchange membrane (PEM) electrolyzer has gone into operation at BASF’s (www.basf.com) Ludwigshafen site. Designed to produce zero-carbon hydrogen, the electrolyzer has a connected load of 54 megawatts and the capacity to supply the main plant with up…

ABB and Charbone sign MoU for green hydrogen production

ABB (Zurich, Switzerland; www.abb.com) and Charbone Hydrogen Corporation (Brossard, Que., Canada; www.charbone.com) – an integrated green hydrogen production company based in Montreal, Canada – have signed a Memorandum of Understanding (MoU) agreement to collaborate on the development of up to…

KBR and ISU advance lithium sulfide technology to commercial scale

KBR Inc. (Houston, Tex.; www.kbr.com) and ISU Specialty Chemical Co. Ltd. (Seoul, South Korea; www.isuchemical.com) have advanced their PureLi2SSM lithium sulfide technology to commercial scale, following the successful operation of the Onsan pilot plant in Ulsan, Republic of Korea. Under the…

Plug Power and Southwire join forces to implement clean-hydrogen project in Dallas-Fort Worth

Southwire, LLC (Carrollton, Ga.), a leading North American manufacturer of wire and cable, will tap Plug Power Inc. (Latham, N.Y.) to implement a clean hydrogen ecosystem at its new distribution site in Dallas-Fort Worth, Texas.   This initiative marks Plug’s entry…

Samsung E&A acquires stake in electrolyzer manufacturer Nel Hydrogen

Samsung E&A (Seoul, South Korea) has announced its full-scale entry into the green hydrogen market with the acquisition of equity in Norwegian hydrogen company Nel ASA (Oslo, Norway). On 12 March, SAMSUNG E&A disclosed that it acquired on 11 March…