Lummus Technology (Houston) announced it has been awarded a contract from Limited Liability Company Kirishinefteorgsintez (KINEF) for two proprietary heaters that will be part of KINEF's refinery upgrade in Kirishi, Russia. "This award personifies how Lummus' comprehensive technology portfolio…
Neste Corp. (Espoo, Finland) has signed an agreement to sell its existing base oils business to Chevron Corp. (San Ramon, Calif.). The agreement covers a combination of share and asset deals forming Neste's entire global base oils business. As part…
Thermo Fisher Scientific Inc. (Waltham, Mass.) announced that it has assumed operational responsibility for a new biologics manufacturing site in Lengnau, Switzerland as part of its strategic partnership with CSL Limited announced last year. The Lengnau site will become part of…
Eastman Chemical Co. (Kingsport, Tenn.) has completed the acquisition of the business and assets of Matrix Films, LLC and its UK affiliate, PremiumShield Limited, marketer of PremiumShield performance films, including its extended line of automotive film patterns. “The completion of…
Mitsubishi Corp. (MC; Tokyo) announced the signing of a Memorandum of Understanding (MOU) with Chiyoda Corp. (Yokohama, Japan) and Sembcorp Industries (Singapore) to explore the feasibility and implementation of a commercial-scale, decarbonized hydrogen supply chain in Singapore. The business will…
TotalEnergies (Paris) has inaugurated its extension of the Synova recycled polypropylene production site in Normandy, France. TotalEnergies is therefore doubling its mechanical recycling production capacity for recycled polymers, to meet growing demand for sustainable polymers from customers, such as Automotive…
Air Liquide, TotalEnergies and VINCI, are combining forces with other large international companies to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to reach 1.5 billion euros and has already…
BASF New Business GmbH (BNB) has successfully started up a system comprising four NAS battery containers, which have been integrated into the electricity grid at BASF’s Verbund site in Antwerp, Belgium. With this long-term project in Antwerp, the BASF team…
Vertellus (Indianapolis, Ind.) announced it has signed a definitive agreement to acquire certain businesses of Toronto-based Chemtrade Logistics Income Fund. This acquisition will expand Vertellus’ capabilities to manufacture and develop specialty ingredients in high-growth healthcare and pharmaceutical sectors. Under the…
SK Innovation’s Ulsan Complex (Ulsan CLX) will be the first in South Korea to introduce pyrolysis oil as feedstock material for refinery/petrochemical processing. Aside from its innovative approach as a solution to waste plastics, what makes this advancement more striking…