1,927 results found
Covestro to build world-scale MDI plant
COVESTRO, a leading supplier of high-tech polymer materials, is to invest €1.5bn (US$1.73bn) to build a world-scale, 500,000 t/y methylene diphenyl diisocyanate (MDI) plant. The plant will be built in Baytown, US.
Type: News
Consortium bails out Singapore water treatment firm Hyflux
TROUBLED Singapore water treatment firm Hyflux has been rescued by a S$530m (US$384m) investment by an industrial consortium formed by the Salim and Medco groups.
Type: News
Coca-Cola Company to extend loan for novel PET recycling technology
THE Coca-Cola Company has announced an agreement extending a loan to Ioniqa Technologies, a startup company based in the Netherlands. The agreement is expected to accelerate the scaleup of Ioniqa’s polyethylene terephthalate (PET) recycling technology.
Type: News
BP and SOCAR sign HoA for petrochemicals JV
BP and SOCAR Turkey have signed a heads of agreement (HoA) to evaluate the creation of a joint venture (JV) to build and operate a world-scale petrochemicals complex in Turkey. The venture would build on BP and SOCAR’s longstanding relationship in the region.
Type: News
Two injured following Tata Steel explosion
IN the early hours of today, two people were injured at an explosion at the Tata steelworks plant in Port Talbot, UK. The explosion occurred shortly after 03:30 local time.
Type: News
Third phase of Australian CCS project given go-ahead
CO2CRC, an Australian carbon capture and storage (CCS) research organisation, has announced a A$45m (US$30.8m) final investment decision for the third phase in its CCS project in south-western Victoria.
Type: News
Neste and LyondellBasell claim bioplastic first
NESTE and LyondellBasell are claiming an industry-first with the parallel, commercial-scale production of bio-based polypropylene and bio-based polyethylene.
Type: News
Reliance agrees to sell 20% refining stake to Saudi Aramco
RELIANCE Industries has agreed to sell a 20% stake – worth US$15bn – in its refining and petrochemicals business to Saudi Aramco.
Type: News
IChemE SIG calls on members for supply support in response to coronavirus
ICHEME’s Pharma Special Interest Group (SIG) has called for members to come forward and help supply ventilators and ventilator components following a request from the UK Government.
Type: News
Shell and PetroChina give green light to Australian coal-seam gas project
SHELL and PetroChina have approved the first stage of their A$10bn (US$6.3bn) Surat Basin coal-seam gas project in Queensland despite the current downturn in the energy sector.
Type: News
Covestro funds professorship to advance electrochemistry research
RWTH Aachen University, Germany is expanding research into electrochemistry – an area that could contribute to sustainability – by establishing a new, five-year professorship. Chemicals company Covestro is supporting the professorship through a “major” donation.
Type: News
Environmentalists slam Australian mining advocate’s climate action plan
ENVIRONMENTALISTS have criticised the Climate Action Plan released by Minerals Council Australia (MCA), highlighting that the mining advocacy group does not set clear targets, including a date for achieving net-zero.
Type: News
Norway’s full-scale CCS project backed by European regulator
THE European Free Trade Association (EFTA) Surveillance Authority has approved the Norwegian full-scale carbon capture and storage (CCS) project, which would allow the Norwegian Government to provide €2.1bn (US$2.4bn) in state aid to the project.
Type: News
Ineos launches new healthcare business
INEOS has launched Ineos Hygienics as part of its pandemic response to produce hand gel and sanitiser sprays at scale.
Type: News
Carbon Engineering signs agreement for commercial-scale direct air capture facility
Oxy Low Carbon Ventures and private equity firm Rusheen Capital Management have formed a development company to finance and deploy Carbon Engineering’s direct air capture (DAC) technology at a commercial scale.
Type: News
New partnership to develop CO2 storage infrastructure in North Sea
BP, Eni, Equinor, National Grid, Shell and Total have formed the Northern Endurance Partnership (NEP) to develop CO2 transport and storage infrastructure in the UK North Sea.
Type: News
BP to halt production at Kwinana Refinery
BP will stop fuel production at its Kwinana Refinery in Western Australia and convert it to an import terminal, as the refinery had become uneconomical.
Type: News
Denmark to end oil and gas production
THE Danish Government has agreed to end all oil and gas exploration and extraction in the North Sea by 2050.
Type: News
AstraZeneca buys Alexion for US$39bn
ASTRAZENECA has agreed to buy US biotech firm Alexion for US$39bn in a move that will expand its foothold in immunology treatments.
Type: News
Petronas and CNOOC sign MoU for extended partnership
Petronas and Chinese National Offshore Oil Corporation (CNOOC) have signed a memorandum of understanding (MoU) for a strategic partnership that will see them expand on existing collaboration.
Type: News
