Developing a new technology from idea to commercial production involves major risks. Presented here are tools that project-management teams can use to mitigate them Technology development in the chemical process industries (CPI) involves designing and building facilities for which there…
A process commercialized by Fortera Corp. (San Jose, Calif.; www.forteraglobal.com) creates a cement product that reduces CO2 emissions by 70% on a ton-for-ton basis, and can be blended with conventional cement or used as a standalone material to make ready-mix…
Lummus Technology (Houston) announced the commercial availability of CDDME, a new renewable dimethyl ether (DME) technology that is enhanced through catalytic distillation (CD). "Lummus has a leading market position and extensive commercial experience in ethers production, from small specialty applications…
LyondellBasell (LYB; Rotterdam, the Netherlands) and Alujain Corporation (Alujain) announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain. The joint venture is enabled by LYB Spheripol polypropylene (PP)…
Wacker Chemie AG (Munich, Germany) has acquired the manufacturing assets and know-how of U.S.-based Bio Med Sciences Inc. to expand its expertise and business in silicone-coated healthcare products. A corresponding purchase agreement was signed between WACKER and the Pennsylvania-based company.…
Next Wave Energy Partners, LP (Next Wave) selected Elessent Clean Technologies, Inc. (Elessent) in 2019 to provide STRATCO alkylation technology at the world’s first stand-alone alkylation complex, which has now been completed. Situated in the heart of the Houston Ship…
Chart Industries has been chosen to supply its Howden hydrogen compression solutions to support Repsol’s €657 million expansion of its Sines industrial complex in Portugal. The expansion project is a strategic move towards achieving 100% recyclable high-value materials from two…
Eli Lilly and Co. (Indianapolis, Ind.) announced that it has more than doubled its investment in its Lebanon, Indiana, manufacturing site with a new $5.3 billion commitment, increasing the company's total investment in this site from $3.7 billion to $9…
BASF SE (Ludwigshafen, Germany) announced the inauguration of its second polymer dispersions production line at the Daya Bay site in Huizhou, China. This expansion directly responds to the rapidly growing local demand for high-quality dispersions, reaffirming BASF’s commitment to serving…
ConocoPhillips (Houston) and Marathon Oil Corp. (Houston) announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of…