Mobile Navigation

Latest News: Business

Wacker announces plan to produce new biopharmaceutical ingredient at Halle site

Wacker Chemie AG (Munich, Germany)announced that its mRNA competence center in Halle is to produce an active ingredient based on mRNA and lipid nanoparticles (LNPs) for combating acute respiratory distress syndrome (ARDS). Manufacture of the PAN004 active ingredient supplied by…

Baker Hughes to supply compressors for Snam’s hydrogen-ready pipeline project

Baker Hughes (Houston) was awarded a contract to be booked in the first quarter of 2024 from Snam, Europe’s leading operator in natural gas transportation, storage and regasification, to provide three NovaLT 12 gas turbine driven compressor trains for a…

Saint-Gobain acquires Canada’s Bailey Group of Companies

Saint-Gobain S.A. (Courbevoie, France), through its building materials subsidiary CertainTeed Canada,  announced its intent to acquire The Bailey Group of Companies (Bailey), a leading Canadian manufacturer of commercial metal framing and building systems. The complementary addition of Bailey’s existing line…

TotalEnergies launches new battery storage project in Belgium

TotalEnergies (Paris) announced the development of a new energy-storage project at TotalEnergies’ depot in Feluy. It will have a power rating of 25 MW and capacity of 75 MWh, thanks to the forty Intensium Max High Energy lithium-ion containers supplied…

Phillips 66 announces major milestone in production of renewable diesel

Phillips 66 (Houston) announced a major milestone in its conversion of the San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial scale production of renewable diesel. The Rodeo Renewed project has progressed, with the facility now processing only…

Wood selected to expand biopharma manufacturing hub in South Korea

Wood plc (Aberdeen, U.K.) has been selected by leading biopharmaceutical firm, Celltrion, to expand its Songdo biopharma manufacturing hub in Incheon, South Korea. Under this contract, Wood will provide detailed engineering design for a new facility that will increase manufacturing capacity…

Kurita Water Industries merges businesses in Canada

Kurita Water Industries Ltd. (Tokyo) announced that Kurita Canada Inc. (KCI), a consolidated subsidiary mainly engaged in the sale of water treatment chemicals in Canada, and Keytech Water Management (KTWM), a wholly owned subsidiary of KCI mainly engaged in the…

Sika acquires Kwik Bond Polymers

Sika AG (Baar, Switzerland) has acquired Kwik Bond Polymers, LLC (KBP), a manufacturer of polymer systems for the refurbishment of concrete infrastructure. For over 30 years, KBP has focused on the refurbishment of bridge decks and has established an impressive…

ACG demonstrates solar-panel cover glass recycling

AGC Inc. (Tokyo) announced that it has succeeded for the first time in Japan in a demonstration test to recycle cover glass for solar panels into float glass. With the success of this test, following the test for recycling into…

Chevron invests in carbon-capture technology company ION Clean Energy

Chevron New Energies (CNE), a division of Chevron U.S.A. Inc. (San Ramon, Calif.), announced a lead investment in ION Clean Energy (ION), a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION…