The preliminary value for the CE Plant Cost Index® (CEPCI; top) for December 2023 (the most recent available) edged slightly higher than the previous month’s value, reversing a trend of dereasing values for the past six months. Within the overall…
Eastman Chemical Co. (Kingsport, Tenn.) announced a long-term agreement with Nord Pal Plast SA part of Dentis Group, a leading Italian multinational company specializing in the recovery and mechanical recycling of PET packaging waste. Through their mechanical recycling sites in…
Verde Clean Fuels, Inc. (Houston) and Cottonmouth Ventures LLC, a subsidiary of Diamondback Energy, announced that the parties have executed a Joint Development Agreement (JDA) for the proposed development, construction, and operation of a facility to produce commodity-grade gasoline utilizing…
Jet Zero Australia Pty Ltd (Jet Zero) announced the execution of a first-of-a-kind License and Engineering Agreement for Australia between Jet Zero and LanzaJet, Inc (LanzaJet). The agreement will progress the development of Project Ulysses, a North Queensland Sustainable Aviation…
W.R. Grace & Co (Grace; Columbia, Md.) announced that China Coal Shaanxi Energy & Chemical Group Co., Ltd. (China Coal Shaanxi Company) has expanded its license for Grace’s UNIPOL PP process technology, doubling its polypropylene production capacity from 300,000 to…
Honeywell International Inc. (Charlotte, N.C.) announced that ENEOS Corp. (Tokyo), a leading energy company in Japan, will develop the world's first commercial scale Liquid Organic Hydrogen Carrier (LOHC) project using Honeywell's solution at multiple sites. The LOHC solution enables the…
AkzoNobel N.V. (Amsterdam, the Netherlands) announced that a major capacity expansion has been completed at the company's Powder Coatings site in Como, Italy, which will help secure supply to customers across Europe, Middle East and Africa (EMEA). Four new manufacturing…
Covestro AG (Leverkusen, Germany) is moving forward with the implementation of a unique process for producing the important chemical aniline entirely based on plant biomass instead of petroleum for the first time. At its Leverkusen site, the plastics manufacturer has…
Worley (North Sydney, Australia) has been awarded front end engineering design (FEED) work for ABEL Energy’s flagship green hydrogen and methanol project at Bell Bay in Northern Tasmania. Under the agreement, Worley will design and engineer the facility, while also providing…
BASF SE (Ludwigshafen, Germany) announced that in late 2023, it started the process to divest its shares in the two joint venture companies BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China.…