Named Frigg, the project is expected to become Everfuel’s first large-scale production facility dedicated to hydrogen supply via pipeline to industrial customers in Germany.
Covestro will supply methylene diphenyl diisocyanate that is based on ISCC Plus certified mass balanced bio-circular raw materials and features up to a 99 % lower product carbon footprint than fossil-based MDI to Carlisle.
Honeywell has plans to spin off its Advanced Materials business into an independent, U.S. publicly traded company by the end of 2025 or early 2026. The move will enable Honeywell to progress its strategic priorities of accelerating organic growth and optimizing its portfolio.
Fertighy has awarded a Feasibility Study and Pre-Feed contract to Nextchem for its low-carbon fertilizers plant in France. Nextchem will make use of its NX Stami Green Ammonia and NX Stami Nitric Acid technologies for the project.
Under a MOU signed between the MOL Group and Turkish Petroleum Corporation, both the firms will work together as strategic partners to explore and produce hydrocarbons.
Chevron has relocated its headquarters from San Ramon, California, to Houston, Texas in the USA. The firm has also announced changes in its senior leadership.
Under an agreement signed between Mc Dermott and a consortium of financial investors led by Mason Capital Management, Mc Dermott will sell its CB&I storage business for 475 million dollars.
Arcelormittal and Mitsubishi Heavy Industries have partnered with climate tech company D-CRBN to trial a new technology which has the capability to convert captured CO2 into carbon monoxide. This can be further used in steel and chemical production.
Chevron Phillips Chemical has awarded an Engineering and Procurement contract to Technip Energies for the supply of a proprietary Low Emission Cracking Furnace in an existing olefins unit at its facility in Sweeny, Texas.
Aramco has entered into a definitive agreement to acquire a 50 % stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company. With this move, Aramco aims to contribute to the development of a lower-carbon hydrogen network in Saudi Arabia's Eastern Province.