Mobile Navigation

Latest News: Business

LG Chem begins construction of major battery-materials plant in Tennessee

LG Chem Ltd. (Seoul, South Korea) has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce…

TechnipEnergies to provide technology, engineering and procurement for Dow’s new ethylene cracker in Canada

Technip Energies (Paris) has been selected to provide Proprietary Technology, Engineering, and Procurement services for Dow’s net-zero Scope 1 and 2 emissions integrated ethylene cracker in Fort Saskatchewan, Alberta, Canada. Technip Energies provided an Extended Basic Engineering Package for this…

Idemitsu Kosan starts up new production plant in Malaysia for syndiotactic polystyrene

Idemitsu Advanced Materials (Malaysia) Sdn. Bhd., a subsidiary of Idemitsu Kosan Co.,Ltd. (Tokyo), has newly constructed a second SPS (syndiotactic polystyrene) production plant in Pasir Gudang, Johor, Malaysia, and launched commercial operation in November 2023. The production capacity of this…

ExxonMobil to build carbonate fuel-cell pilot plant in Rotterdam

Esso Nederland BV, an affiliate of Exxon Mobil Corp. (Houston) plans to build a pilot plant at its Rotterdam Manufacturing Complex to test a breakthrough technology that could significantly reduce CO2 emissions from key industries. The pilot plant aims to…

Air Liquide to build new carbon-capture plant in Rotterdam

Air Liquide S.A. (Paris, France) has announced that it will build, own and operate a world-scale carbon capture unit in the industrial basin of Rotterdam, the Netherlands, leveraging its proprietary Cryocap technology. The new unit will be installed at the…

TotalEnergies to supply green electricity for two LyondellBasell manufacturing plants in Texas

After a first renewable Corporate Power Purchase Agreement (CPPA) signed at the end of 2022, TotalEnergies (Paris, France) has signed a second contract with LyondellBasell N.V. (Rotterdam, the Netherlands) to supply a combined 275 MWac (358 MW) of green electricity…

OCI sells stake in U.S. fertilizer manufacturer to Koch Ag & Energy Solutions

OCI Global N.V. (Amsterdam, the Netherlands) announced that it has reached an agreement for the sale of 100% of its indirect interest in its large-scale U.S. greenfield nitrogen fertilizer facility Iowa Fertilizer Company LLC, located in Wever, Iowa, USA to…

Ineos starts up Europe’s largest cumene plant in Germany

INEOS Phenol has started production at Europe’s largest Cumene facility in Marl, Germany. The world scale 750,000 tonne facility produces up to 50% lower CO2 emissions per tonne of product. The significant reduction in emissions is enabled by pioneering cumene…

McPhy to supply electrolyzers to HMS Oil and Gas in Germany

McPhy Energy S.A. (La Motte Fanjas, France) announced the signing of a major contract with HMS Oil and Gas division GmbH, based in Berlin, for the supply and commissioning of four McLyzer 3200-30 with a capacity totaling 64 MW. The…

Valmet and Saipem collaborating on integrated solutions to support decarbonization of hard-to-abate industries

Valmet Oyj (Espoo, Finland) and Saipem S.p.A. (San Donato Milanese, Italy) have signed a Memorandum of Understanding (MOU) to develop joint solutions to decarbonize the industrial sectors that face significant challenges in reducing their greenhouse gas emissions, also known as…