Aramco (Dhahran, Saudi Arabia) has signed a shareholders’ agreement with Linde plc (Guildford, U.K.) and SLB (Houston) , paving the way for development of a Carbon Capture and Storage (CCS) hub that is expected to become one of the largest…
Asahi Kasei Corp. (Tokyo)has announced that Jiangsu Sailboat Petrochemical (Sailboat) started commercial operation of a new carbonates plant in Lianyungang, Jiangsu Province, China, in November 2024. The plant uses technology licensed from Asahi Kasei for the production of high-purity ethylene…
Topsoe A/S (Lyngby, Denmark) and Sasol Ltd. (Johannesburg, South Africa) have been selected to deliver technologies for German Aerospace Center’s (DLR) SAF production demonstration plant. Sasol and Topsoe will deliver their G2L (Gas to Liquid) e-fuels technology, integrating Topsoe’s innovative…
LG Chem Ltd. (Seoul, South Korea) and Acies Bio (Ljubljana, Slovenia) announced a strategic collaboration to jointly develop sustainable solutions for commercial biomanufacturing. This initiative centers on Acies Bio's OneCarbonBio platform, an advanced synthetic biology platform designed to upcycle one-carbon…
Fluor Corp. (Irving, Tex.) announced that it has signed a Front-end Engineering and Design (FEED) contract with Heidelberg Materials AG (Heidelberg, Germany) for its GeZero project to integrate an industrial-scale carbon capture and storage (CCS) solution into its cement production…
Fujifilm Corp. (Tokyo) announced that it will enhance its production capacity of CMP slurries, which are advanced semiconductor materials, at its production site located in Kikuyo Town, Kumamoto Prefecture, Japan. This expansion aims to support the increasing demand for semiconductor…
INEOS Enterprises Ltd. (London) has entered into an agreement for the sale of the INEOS Composites business to KPS Capital Partners, LP (KPS) for an estimated consideration of around €1.7 billion at completion. The business has combined sales of more…
ABB Ltd. (Zurich, Switzerland; www.abb.com) announced today it has completed the acquisition of Aurora Motors. The transaction was originally announced on November 4, 2024, and financial terms were not disclosed. Aurora Motors is a $4 million U.S. vertical pump motors…
Cemex Ventures, Cemex’s corporate venture capital (CVC) and open innovation unit, announced an initial clean-hydrogen deployment at industrial scale with HiiROC (Hull, U.K.) at its Rugby cement plant in the U.K. Hydrogen has emerged as a low-carbon energy source within…
CSIRO (Melbourne), Australia’s national science agency, has successfully trialled its game-changing hydrogen production technology at BlueScope’s Port Kembla Steelworks in New South Wales, demonstrating affordable and renewable hydrogen can be generated at scale to help decarbonize heavy industry. CSIRO’s tubular…