Fluor’s scope of work includes engineering, procurement and construction management services for Albemarle’s Lithium Conversion facility in China. On completion, the facility is expected to produce 50,000 tons of lithium hydroxide annually.
The new free trade zone RCEP (Regional Comprehensive Economic Partnership) means new growth, but also more competition in the Asian chemical industry, especially for small and medium-sized companies.
With 3 petaflops of computing power, the new supercomputer is the world’s largest supercomputer used in industrial chemical research and has been started up at BASF’s Ludwigshafen site in Germany.
Under the terms of the partnership, Origin’s technology platform and Proman’s expertise will be used to explore production and global distribution of low-carbon biofuels. Origin’s technology platform has the capability to turn the carbon found in sustainable wood residues into useful products.
Pfeiffer Vacuum Components & Solutions is celebrating its 25th anniversary this year. With one of the largest storage facilities in Europe for vacuum components, the company caters to domestic as well as global clients.
Achema back as a live event for the first time since it was postponed— After some back and forth, the leading trade fair for the process industry opens its doors in August. Despite great anticipation for the upcoming meeting, expectations are mixed. Achema between the Ukraine war and the fading pandemic.
Under a definitive purchase agreement, Occidental has plans to acquire Carbon Engineering for 1.1 billion dollars. The move is expected to improve costs as well as capital efficiencies for the firm and also catalyze broader development partnerships for DAC deployment.
Hydrogen company HyCC has launched Project H2era to construct a 500-megawatt green hydrogen plant in the Amsterdam port area. The project, launched in cooperation with the Port of Amsterdam, is a major step forward in the development of the regional hydrogen economy to help decarbonize industry and mobility.
Since 2011, Indorama Ventures has recycled 100 billion PET bottles, a major feat for the company. The initiative has diverted 2.1 million tons of waste from the environment and saved 2.9 million tons of carbon footprint from product lifecycles.