Exxon Mobil’s new business – Exxon Mobil Low Carbon Solutions will initially focus on CCS in order to achieve the Paris Agreement climate goals. The newly created segment is already advancing plans for over 20 new CCS opportunities to assist large-scale emission reductions.
Located in Couvet, Switzerland, Bristol Myers Squibb’s manufacturing facility will be Wuxi STA’s first plant in Europe. On completion of the deal, Wuxi STA is expected to acquire the Couvet site’s operations and assets.
Mc Dermott’s CB&I Storage Solutions business has bagged the contract from New Jersey Natural Gas for a power-to-gas facility in Howell, New Jersey, USA. The new unit will produce green hydrogen from solar energy and will feed it into a natural gas distribution network for diverse applications.
The global pharma company Jazz Pharmaceuticals has plans to acquire GW Pharmaceuticals, one of the leaders in developing cannabinoid-based medicines. The move is expected to attract many more investments into this sector.
The upgrade of Ingevity’s facility in DeRidder, Louisiana, USA is expected to increase the company’s global polyol production capacity by 40 %. Also, the move is being undertaken in the backdrop of the rising global demand for the firm’s Capa suite of caprolactone technologies.
High-performance pumps for challenging applications in solar systems — When it comes to using solar energy, new heat transfer media are in high demand. Among the most promising candidates are in fact molten salts. But the handling of these new thermal medias quickly proves more difficult than it appears...
Nobian is the new name of Nouryon’s Industrial Chemicals business. The change will help the newly named business to develop its European value chain for essential base chemicals under its own brand name.
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.
The pharmaceutical industry has shown great prowess. In order for companies to flourish, all aspects of this process industry need to be enhanced. One of the easiest ways to ensure the best functioning of a pharmaceutical plant is through cabling solutions that ensure safety and cost effectiveness. Here’s an overview of the types of cables are best suited for challenging environments and processes.