The preliminary value for the CE Plant Cost Index® (CEPCI) for May 2024 (most recent available) rose slightly compared to the previous month’s value. The final value for April 2024 was itself upwardly revised. The small uptick in the May…
Air Liquide S.A. (Paris) announced that its large-scale CO₂ -iquefaction technology, Cryocap LQ, has been selected by Stockholm Exergi AB, Stockholm’s energy company, to contribute to its Bio-Energy Carbon Capture & Storage (BECCS) project. This new technology is an important…
Air Products (Lehigh Valley, Pa.) announced two projects to enhance the sustainability, productivity and operational flexibility of its base industrial gas business, as well as continuing commitment to the merchant industrial gas market. Air Products will construct two new air…
Messer Group GmbH (Bad Soden, Germany) plans to build a plant for the production of green hydrogen in the Brainergy Park Jülich intermunicipal industrial estate in Germany, a business park is designed to promote technologies supporting energy transition. The hydrogen…
BASF SE (Ludwigshafen, Germany) has signed an agreement with Solenis (Wilmington, Del.) , a global producer of specialty chemicals, to sell BASF’s flocculants business for mining applications. The divestment of BASF’s flocculants business to Solenis is part of BASF’s portfolio…
Eni S.p.A. (Rome, Italy) and ITQuanta have agreed to form a joint venture, Eniquantic, with the aim of developing an integrated quantum-computing platform with hardware and software that is intended to be capable of solving very complex problems (mathematical optimization,…
Wood plc (Aberdeen, Scotland) has been awarded a $40-million engineering design contract by Kuraray Co. (Tokyo) to build a new sustainable packaging production plant in Singapore. Addressing the market shift towards more environmentally friendly food packaging materials, the new plant…
Neste Corp. (Espoo, Finland) and Mitsubishi Corp. (MC; Tokyo) have agreed to establish a strategic partnership focusing on developing value chains for renewable chemicals and plastics for and with Japanese brands. The partners are targeting brands in industries such as…
Toray Composite Materials America, Inc., a manufacturer and supplier of carbon fiber and prepreg materials, announced the execution of a memorandum of understanding (MOU) adding Elevated Materials as a provider of repurposing services for its Tacoma, Washington facility. Under the…
3M (St. Paul, Minn.) has completed a strategic investment in Ohmium International, a developer of electrolyzer systems for green hydrogen production. The investment is part of 3M's commitment to advancing technologies that support the transition to a low-carbon economy and…