Under the terms of the contract, Lanxess will acquire Emerald Kalama Chemical which achieved sales of 425 million dollars and an Ebitda of 90 million dollars last year. With this move, the Germany-based company aims to strengthen its Consumer Protection segment.
Neste has selected Rotterdam in the Netherlands over Porvoo in Finland to establish its new renewable products refinery. The significant difference in costs led the company to finalize the location.
The MOL Group has begun biofuel production at its Danube Refinery in Hungary. The move is in line with the company’s updated strategy of ‘Shape Tomorrow’ and the firm will make use of bio feedstock to create sustainable diesel.
A team of researchers led by scientists from the Interface Science Department of the Fritz-Haber-Institute have found out that the important industrial process of methanol production can be positively influenced if the copper catalyst used in the reaction comes into contact with zinc oxide.
Under a MOU signed between Röhm and OQ, both the companies will work together to construct a methyl methacrylate plant on the U.S. Gulf Coast with a design capacity of 250,000 tons of MMA annually.
Located in Izmir, Turkey, the first phase of the new zinc borate facility is expected to produce an annual capacity of 3,000 tons. On completion of the second phase, the project will additionally produce 6,000 tons of zinc borate annually.
Enegix Energy’s Base One facility which is claimed to be the world’s largest green hydrogen plant is expected to produce more than 600 million kilogrammes of green hydrogen every year.
Sweco has been awarded the engineering, procurement and construction management (EPCM) contract for Keliber’s lithium project in Finland which includes lithium mine sites and a concentrator plant in Kaustinen, Kokkola and Kruunupyy, as well as a lithium hydroxide plant in Kokkola.
BASF has signed an agreement with Allied Carbon Solutions (ACS) Japan and entered into a strategic technology cooperation with Holiferm (UK) to develop a unique production process for biosurfactant products. With this move, the company aims to expand its global leading position in the bio-based surfactants and actives market.
SGL Carbon has delivered a steam generation hydrochloric acid synthesis unit to Travancore-Cochin Chemicals in India. The new unit enables the South-India based company to save costs as well as reduce CO2 emissions by more than 1.500 tons per year.