KBR, Inc. (Houston) and Sumitomo Chemical Co. (Tokyo, Japan) announced that they have signed an alliance agreement to make KBR an exclusive licensing partner for Sumitomo Chemical's state-of-the-art propylene oxide by cumene (POC) technology. Propylene oxide is an intermediate product…
Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA has entered into a technology licensing agreement with Reliance Industries Ltd. (RIL; Mumbai). The agreement provides RIL with an exclusive license for Nel’s alkaline electrolyzers in India and also…
PPG (Pittsburgh, Pa.) announced it will invest $300 million in advanced manufacturing in North America to support increased demand for paints and coatings in the automotive industry. These investments will commence in 2024 and span a four-year period. As part…
Lummus Technology (Houston) and Sumitomo Chemical Co. (Tokyo, Japan) announced two collaboration agreements to license and commercialize the following proprietary technologies: Sumitomo Chemical's proven low-density polyethylene/ethylene vinyl acetate (LDPE/EVA) production technology Sumitomo Chemical's poly methyl methacrylate recycling (rPMMA) technology With…
The rapidly increasing demand for clean energy sources makes hydrogen a key element in the energy transition. Its ability to store and transport energy in large quantities makes it particularly attractive to industries looking for sustainable alternatives to fossil fuels.…
Optimize 2024, presented by Aspen Technology, Inc. (AspenTech; Bedford, Mass.) on April 29 -May 3 in Houston, featured a keynote panel on May 1 entitled Navigating Net Zero: Unleashing Advanced Technology and Collaborative Partnerships. This event brought together sustainability leaders…
H.B. Fuller Company (St. Paul, Minn.), the biggest pureplay adhesives company in the world, announced that it has acquired ND Industries Inc., a leading provider of specialty adhesives and fastener locking and sealing solutions serving customers in the automotive, electronics,…
Dow (Midland, Mich.) and SCG Chemicals Co. (Bangkok, Thailand) announced the signing of a first-of-its kind memorandum of understanding (MOU) circularity partnership in the Asia Pacific region to transform 200,000 tons/yr of plastic waste into circular products by 2030. This…
AstraZeneca (Cambridge, U.K.) intends to build a $1.5-billion manufacturing facility in Singapore for antibody drug conjugates (ADCs), enhancing global supply of its ADC portfolio. ADCs are next-generation treatments that deliver highly potent cancer-killing agents directly to cancer cells through a…
Thyssenkrupp Uhde GmbH (Dortmund, Germany) and Johnson Matthey plc (JM; London, U.K.) have signed a Memorandum of Understanding to jointly offer a fully integrated low-carbon (blue) ammonia technology, building on a nearly 25-year ammonia relationship between the companies. In the…