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…
Henkel AG (Düsseldorf, Germany) announced that Henkel Adhesives Technologies India Ltd. (Henkel India) has completed Phase III of its manufacturing facility in Kurkumbh, near Pune, Maharashtra. The Kurkumbh site, which was launched in 2020, serves the growing demand of Indian…
Trelleborg Group AB (Trelleborg, Sweden) has decided to invest in a new production facility to expand its business for engineered coated fabrics in Rutherfordton, North Carolina. The establishment will primarily aim to strengthen Trelleborg's leading positions in aircraft escape slides,…
Aramco (Dhahran, Saudi Arabia) has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ). The transaction, which is subject to standard closing conditions, will…
Essar Energy Transition (EET) announced the launch of EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery, with the aim of completing construction in 2027. The investment will support EET…
Bp plc (London) has been granted funding, provided jointly by BMWK and the Lower-Saxony Government, as part of the European IPCEI Hy2Infra wave for a green hydrogen project in Germany. The funding will help support the development of a 100-MW…