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Latest News: Business

Eni and Saipem sign agreement to develop new biorefineries

Eni S.p.A. (Rome, Italy) and Saipem S.p.A. (San Donato Milanese, Italy) have signed an agreement for the development of biorefining projects. It was signed  by Giuseppe Ricci, Chief Operating Officer for Energy Evolution at Eni, and Alessandro Puliti, Chief Executive…

Braskem and Oxiteno to collaborate on bio-based ethylene supply

Braskem S.A. and Indorama Ventures IOD - Oxiteno (both São Paulo, Brazil) have  announced a partnership to supply bio-attributed ethylene from renewable sources. Bio-attributed ethylene, certified by ISCC (International Sustainability and Carbon Certification), will be used by Oxiteno to create…

DuPont starts up new elastomer plant in Delaware

DuPont (Wilmington, Del.) announced the official opening of its new DuPont Kalrez manufacturing site in Newark, Delaware to meet growing global customer demand from the semiconductor and industrials sectors. The new facility, the Tralee Park Annex, was officially inaugurated with…

Solvay and Orbia progress plans for new PVDF facility in Georgia

Solvay S.A. (Brussels, Belgium)  confirms its plans to build a new battery-grade PVDF facility in Augusta, Georgia. With more than half of U.S. car sales projected to be electric by 2030, the U.S. produced PVDF - a thermoplastic fluoropolymer -…

Henkel acquires Critica Infrastructure

Henkel AG (Düsseldorf, Germany) has acquired the U.S.-based firm Critica Infrastructure (“Critica”), a specialized supplier of maintenance, repair and overhaul (MRO) composite solutions for the world’s most critical infrastructure such as oil and gas transmission as well as municipal water…

BASF invests in U.S. startup firm 3Helix Inc. to bolster personal-care products

BASF SE (Ludwigshafen, Germany) and 3Helix Inc., a U.S.-based technology startup, announce their innovation partnership on 3Helix’s proprietary Collagen Hybridizing Peptide (CHP) technology. The partnership involves an equity investment and licensing agreement, granting BASF exclusive rights to commercialize CHP solutions…

Alfa Laval launches new business unit to serve hydrogen projects

Alfa Laval AB (Lund, Sweden) is establishing a new business unit –Electrolyzer and Fuel Cell Technologies – with the aim of capturing business opportunities in the hydrogen sector. This initiative underlines the company’s commitment to driving the energy transformation towards…

Grace expands operating Unipol PP technology capacity in China with Oriental Energy

W.R. Grace & Co (Grace; Columbia, Md.) announced that Oriental Energy Co. Ltd. (Oriental Energy) has started up a new plant with Grace’s UNIPOL  PP Process Technology. Located in Maoming, China, the new 400,000-ton/yr reactor line began producing high-quality homopolymers…

Lummus Technology licensing olefins, cumene and phenol technologies to Haldia Petrochemicals

Lummus Technology (Houston) announced Haldia Petrochemicals Ltd. (HPL) will license its olefins conversion technology (OCT) and the Lummus/Versalis cumene and phenol technologies for a new plant in West Bengal, India. Once HPL's plant is complete, it will be India's largest cumene…

Solugen and ADM announce plans for biomanufacturing complex in Minnesota

Solugen (Houston), a rapidly scaling climate technology company that is reimagining the chemistry of everyday life, and ADM Co. (Chicago) announced a strategic partnership to scale a range of innovative, plant-based specialty chemicals and bio-based building block molecules in a…