Latest Headlines
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Evonik Expands Capacities For Petrochemical Specialties
3/30/2022
Evonik has invested a double-digit million euro sum to increase production capacity for isobutene derivatives at its Marl location
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European Energy And Port Of Aalborg Join Forces On Large-Scale Power-To-X Plant In Aalborg
3/29/2022
Today, Aalborg has come a big step closer to a new Power-to-X plant that will produce green e-methanol for use in the transport sector. The Danish developer of renewable energy European Energy and the country’s largest inland port, Port of Aalborg, have today signed a letter of intent that secures European Energy an option for a 25-hectare area at the Eastern Port in Aalborg, which is planned to be the location for a new electrolysis plant with a capacity of 120 MW and an associated e-methanol plant
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Clariant Wins Major Contracts To Supply Petrochemical Catalysts For China’s Lihuayi Group
3/29/2022
Clariant’s Catalysts business has been awarded three new contracts by China’s Lihuayi Group for its upcoming petrochemicals production units
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Amarinth Delivers Bespoke Compact API 610 Vertical In-Line Pumps To The Yanbu Refinery, Saudi Arabia
3/28/2022
Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, primarily for the offshore and onshore oil & gas industries; nuclear and renewable energy generation; defence; desalination; process and industrial markets, has delivered an order through Gas Arabian Services for bespoke compact API 610 vertical in-line pumps to be used in the Saudi Basic Industries Corporation (SABIC) petro-chemical refinery, Yanbu
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KBR And ExxonMobil Catalyst Licensing To Collaborate On Next Generation Propane Dehydrogenation Technology
3/24/2022
KBR (NYSE: KBR) and ExxonMobil Catalysts and Licensing LLC ("ExxonMobil") will collaborate to bring significant advancements to propane dehydrogenation (PDH) technology
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Superior Plus Completes Acquisition Of Kamps Propane And Kiva Energy
3/23/2022
Superior Plus Corp. (“Superior”) announced today that it has completed the previously announced acquisition of the equity interests of Kamps Propane, Inc., High Country Propane, Inc., Pick Up Propane, Inc., Competitive Capital, Inc. and Propane Construction and Meter Services (collectively,“Kamps Propane”) and Kiva Energy, Inc. (“Kiva Energy”) for a purchase price of approximately US$240M (CDN $302M) (the “Transaction”)
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ENEOS, Toyota, And Woven Planet Collaborate To Facilitate CO2-Free Hydrogen Production And Usage For Woven City And Beyond
3/23/2022
ENEOS Corporation (ENEOS) and Toyota Motor Corporation (Toyota) have signed a joint agreement to explore CO2-free hydrogen production and usage at Woven City, the prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture, Japan
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Ara Partners Invests In CycleØ
3/21/2022
Ara Partners ("Ara"), a private equity firm that specialises in industrial decarbonisation investments, today announced that it has partnered with Laurence Molke to create CycleØ Group Limited ("CycleØ" or the "Company"), a European biomethane platform, through the acquisition of FNX Liquid Natural Gas S.L. ("FNX")
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ADNOC Expands Strategic Partnerships Across The Hydrogen Value Chain With Leading German Companies
3/21/2022
Abu Dhabi National Oil Company (ADNOC) announced, today, that it has signed new memorandum of understanding (MoU) and joint study agreements (JSA) with counterparts in Germany in order to accelerate and deepen collaboration in clean hydrogen
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Honeywell Announces Integrated Olefin Suite Of Technologies To Improve The Performance Of Naphtha Steam Crackers
3/16/2022
Honeywell today announced an Integrated Olefin Suite (IOS) of technologies that can increase ethylene production and improve profitability when added to a naphtha steam cracker