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Latest News: Business

Saint-Gobain invests in two firms developing low-carbon cement technologies

Saint-Gobain Construction Chemicals is expanding its efforts to deploy new additives for low-carbon cement and concrete. These low-carbon technologies open up tremendous opportunities for co-development with new partners in fast-growing markets and to accelerate Saint-Gobain’s profitable growth in construction chemicals.…

CGG commences global screening project for natural hydrogen

CGG, a global technology and Earth science leader, has commenced a worldwide natural hydrogen screening project with industry support. The project leverages CGG’s wealth of subsurface data, multi-disciplinary geoscience expertise, latest technology advances and high-performance computing capabilities to identify and…

Air Liquide divests selected business activities in Africa

Air Liquide S.A. (Paris) announced the divestiture to Adenia Partners Ltd of the Group’s activities in twelve countries in Africa representing a total annual sales of about 60 million euros. Air Liquide has signed an agreement with Adenia to sell…

AkzoNobel invests $30 million in manufacturing expansions across North America

More than $30 million is being invested by AkzoNobel N.V. (Amsterdam, the Netherlands) to install advanced technologies and increase total manufacturing capacity at its four powder coatings sites in North America.  The company is incorporating new extruders, thermoplastics and bonding…

Sasol and Topsoe launch new SAF joint venture, Zaffra

 Sasol Ltd. (Johannesburg, South Africa) and Topsoe A/S (Lyngby, Denmark) announced the successful launch of their joint venture, Zaffra. With its headquarters based in Amsterdam, The Netherlands, Zaffra is set to become a key player in the aviation industry, focusing…

Grace expands fine-chemicals contract manufacturing facility in Michigan

W. R. Grace & Co. (Grace; Columbia, Md.) announced the opening of its expanded fine chemical contract development and manufacturing (CDM) facility in South Haven, Mich. Grace executives and local community leaders joined more than 200 employees at the site…

Neste merges three business lines into new Renewable Products unit

Neste Corp. (Espoo, Finland) has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better…

KBR awarded project-management contract for new petroleum refinery in Angola

KBR, Inc. (Houston) has been awarded a project management contract by Sonangol for the design and construction of a new 200,000-bbl/d petroleum refinery in Lobito, Angola.  Under the terms of the contract, KBR will provide services encompassing the project management…

Danimer Scientific announces expansion of PA demonstration plant capacity

Danimer Scientific, Inc. (Bainbridge, Ga.) announced it has successfully completed the expansion of its Rochester, NY demonstration plant in order to better serve partners for the testing of Rinnovo polymers. Rinnovo is a type of polyhydroxyalkanoate (PHA) synthesized using a…

Evonik announces operational startup of biotech JV in China

Evonik Industries AG (Essen, Germany) announced that the newly founded joint venture Evonik Vland Biotech, based in Binzhou, China, commenced operations on January 1, 2024. The two parent companies, Evonik China and Shandong Vland Biotech, want to jointly expand the…