Nord presented a wide range of products at Achema in Frankfurt am Main, Germany. The focus was on Atex-compliant drive concepts for the process industry and the robust heavy-duty Maxxdrive industrial gear unit, in particular for agitator and mixer applications. Further focal points at the trade fair was the new decentralized Nordac On/On+ frequency inverters, the revolutionary Duodrive geared motors and IE5+ synchronous motors as well as the Nordcon App with Nordac Acces BT.
BP has secured full ownership of Bunge Bioenergia joint venture after acquiring Bunge’s 50 % holding interest in the joint venture. The company is also refocusing its plans to develop new biofuels projects at its existing sites.
OMV Petrom has plans to make the hefty investment at its Petrobrazi refinery in Romania with an aim to become the first major producer of sustainable fuels in Southeast Europe.
The alliance comprises of Topsoe, ABB and Fluor which will collaborate to develop a standardized concept for building Topsoe’s next SOEC electrolyzer factory in the USA. The project is expected to be operational by 2028.
Leybold has introduced Clawvac CP B, a new model to its existing Clawvac dry claw vacuum pump series. The vacuum pump can be used across the food processing, materials handling and environmental industries.
Dow has plans to take over the North American plastic recycling company Circulus. The acquisition will include two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year.
The Indian Oil Corporation Ltd has awarded a contract to Technip Energies for license, basic engineering design package, proprietary equipment and catalyst supply and related services for the 1500 kta Paradip naphtha cracker unit block of the grassroot petrochemical complex in Paradip, India.
Novo Nordisk has decided to invest a whopping 4.1 billion dollars to develop a second fill and finishing manufacturing facility in Clayton, North Carolina. With this move, the company aims to expand its manufacturing capacity in the USA.
Tecnimont has bagged a construction contract for Ta’ziz’s 1 million tons per annum low-carbon ammonia production facility in Al Ruwais Industrial City, Abu Dhabi, UAE. Construction for the project is expected to begin in the third quarter of 2024, with operations scheduled to commence in 2027.
With growing product demand in biogas and hydrogen recovery applications as well as customer needs for the use of nitrogen for the aerospace industry and cleaner fuels for the marine industry, Air Products Membrane Solutions held a groundbreaking event for expanding its Missouri Manufacturing and Logistics Center in Missouri.