Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market. The agreement leverages MAN's expertise in compressor…
TotalEnergies SE (Paris) has signed an agreement to acquire from its three founders the entire share capital of Kyon Energy, one of the leading developers of battery storage systems in the country. The consideration consists of a €90 million upfront…
Dow (Midland, Mich.) has received International Sustainability and Carbon Certification (ISCC) PLUS certification at its PO/PG and Polyols manufacturing site in Freeport, Texas. An ISCC PLUS certification recognizes Dow’s implementation of decoupling fossil feedstocks by using waste sourced feedstock, following…
BASF SE (Ludwigshafen, Germany) and Inditex jointly announced a breakthrough in their efforts for boosting recyclability in the textile industry. With the launch of loopamid, a polyamide 6 (PA6, also known as nylon 6) made from 100 percent textile waste,…
SABIC (Riyadh, Saudi Arabia) announced the final investment decision (FID) for the SABIC Fujian Petrochemical Complex (Sino-Saudi Gulei Ethylene Complex Project) in China’s Fujian province. SABIC FUJIAN Petrochemicals Co. Ltd, a 51:49 joint venture between SABIC Industrial Investment Company (wholly…
Axens (Rueil-Malmaison, France), IFP Energies Nouvellas (IFPEN; Rueil-Malmaison, France) and Michelin (Clermont-Ferrand, France) inaugurated the first industrial-scale demonstrator of a plant producing bio-based butadiene in France, at Michelin’s site in Bassens near Bordeaux. The demonstrator was built within the framework…
Canadian hydrogen infrastructure specialist Teralta has launched a clean-hydrogen system at a pulp mill in Prince George, British Columbia, Canada. The project began in 2022 as the first initiative in Teralta’s international waste-hydrogen strategy involving the development of utility-scale low-carbon…
Lhyfe (Paris, France) and European renewable energy developer Source Galileo (Dublin, Ireland) announced their joint agreement to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland. The companies have signed a Memorandum of Understanding (MoU) with…
Umicore N.V. (Brussels, Belgium) has entered into an agreement with Microsoft to use artificial intelligence (AI) as a means to facilitate and accelerate its research in battery material technologies for electric vehicles, a key growth area for the Group. It…
LG Chem Ltd. (Seoul, South Korea) and Enilive move a further step forward to the final investment decision on the project of a new biorefinery in South Korea by signing the joint venture agreement. The agreement has been signed in…