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Latest News: Business

BASF and Exterra to collaborate on commercial-scale CCS project in Canada

BASF SE (Ludwigshafen, Germany) and Exterra Carbon Solutions (Montreal, Queb., Canada) have entered into a memorandum of understanding (MoU) to explore opportunities to deploy a commercial scale carbon capture and storage (CCS) project in Quebec, Canada, using a combination of…

Ecolab acquires safety and monitoring firm Barclay Water Management

Ecolab (St. Paul, Minn.) announced the acquisition of Barclay Water Management, a fast-growing provider of water safety and digital monitoring solutions for industrial and institutional customers based primarily in the northeastern United States. Barclay Water Management provides differentiated water safety…

Avina Clean Hydrogen breaks ground for green hydrogen plant in Southern California

Avina Clean Hydrogen Inc. (Short Hills, N.J.) held a groundbreaking ceremony for it’s landmark green hydrogen project in the City of Vernon, just 10 miles from the Port of Long Beach in Southern California. The project marks a major milestone…

Lummus and Advanced Ionics establish partnership for green hydrogen production

Lummus Technology (Houston), announced a new partnership with Advanced Ionics (Milwaukee, Wis.), a low-cost green hydrogen technology provider. This partnership includes an investment from Lummus Venture Capital to accelerate the commercialization of Advanced Ionics' hydrogen electrolyzer technology and support the…

Wood awarded FEED contract for refinery upgrade project in Vietnam

Wood plc (Aberdeen, U.K.) has been awarded a Front-End Engineering Design (FEED) contract for cleaner, increased fuel production at the Dung Quat Oil Refinery in Quang Ngai Province, Central Vietnam. Under this contract with Binh Son Refining and Petrochemical Joint…

Citroniq selects Nebraska for construction of bio-based polypropylene mega-plant

Citroniq Chemicals, LLC (Houston) has selected Falls City's Mid-America Rail Campus in Nebraska to be one of its state-of-the-art bio-based production mega-sites. The landmark project is part of the Nebraska BioEconomy Initiative, which aims to advance Nebraska's economic strength, fortify…

Solenis acquires BASF’s mining flocculants business line

Solenis (Wilmington, Del.) has acquired BASF SE’s (Ludwigshafen, Germany) flocculants business for mining applications. This strategic acquisition enhances Solenis’ portfolio, ensuring a comprehensive solution for its mining and mineral processing customers. The integration of BASF’s flocculants business will enable Solenis…

Toray Advanced Composites acquires Colorado-based thermoplastics producer

Toray Advanced Composites announced the expansion of its continuous fiber-reinforced thermoplastic composite materials portfolio through the acquisition of Gordon Plastics’ assets, technology, and intellectual property, located in Englewood, Colorado. This investment by Toray Advanced Composites brings expanded development, testing and…

Solvay licenses hydrogen peroxide process technology to North Huajin Refining and Petrochemical Co.

Solvay S.A. (Brussels, Belgium) has entered into an agreement to license its leading-edge hydrogen peroxide technology to North Huajin Refining and Petrochemical Company (North Huajin) for the manufacturing of 300,000 metric tons of propylene oxide per year in its Panjin…

BASF opens new production line for water-based dispersions in the Netherlands

  BASF SE (Ludwigshafen, Germany) recently opened its new production line for water-based dispersions in Heerenveen, the Netherlands. Thanks to this new line, production capacity will be increased, without additional CO2 emissions. The expansion has taken place on the basis…