Following the announcement made at the inauguration of a semi-industrial demonstration unit at Kitakyushu in Japan in October 2023, Axens, IFP Energies nouvelles (IFPEN; both Rueil-Malmaison, France) and Jeplan, Inc. (Tokyo, Japan), partners in the project, are glad to announce…
Vitol B.V. (Geneva, Switzerland) has agreed to acquire Singpore-based Noble Resources Trading Ltd. for an purchase price equivalent to $0.63 per share on a debt free/cash free basis subject to customary conditions precedent. Noble Resources is one of Asia’s leading…
Wood plc (Aberdeen, Scotland) will support Australian ASX-listed medical device company, PolyNovo Limited (PolyNovo), to significantly increase production capacity of its wound treatment medical devices. Under the detailed design contract, Wood will deliver a new cleanroom facility to produce BTM, SynPath…
LyondellBasell (LYB; Rotterdam, the Netherlands; www.lyondellbasell.com) yesterday announced it became full owner of APK AG (Merseberg, Germany; www.apk.group). APK will be fully integrated and continue as part of LYB, a sustainability leader in the chemical industry. It is LYB’s ambition…
Jacobs (Dallas, Tex.) was selected by Cadent Gas on behalf of Capital Hydrogen to deliver the Pre-Front End Engineering Design (Pre-FEED) phase of the East London Hydrogen Pipeline (ELHP) project. The pipeline will span 56 miles (90 kilometers) through East…
The preliminary value for the CE Plant Cost Index (CEPCI) for August 2024 (most recent available) fell slightly compared to the previous month’s value. The decline is the second in a row, but maintains the approximate level observed all year.…
This timely white paper from Ross Gale at International Process Plants explores how repurposing used process plants and equipment is a vital component of the circular economy, while also delivering strategic cost and time savings. By extending the life cycle…
BASF SE (Ludwigshafen, Germany) has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s most powerful industrial heat pump. In the coming months, the company will therefore be able…
Braskem S.A. (São Paulo, Brazil) has announced a collaboration with the University of British Columbia (UBC) to explore the feasibility of using an electrochemical reactor to produce methanol from CO, an important intermediate that can be obtained from CO2 Capture…
PPG (Pittsburgh Pa.) announced that it has reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor. The…