Engineering & Design
Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol
Mitsubishi Gas Chemical Company, Inc. and the Research Institute of Innovative Technology for the Earth have signed an agreement regarding the transfer of part of the CO2 recovered using a direct-air-capture (DAC) device. The collaboration will showcase innovative technologies that capture CO₂ from the atmosphere and transfer it to underground storage while also utilizing it for methanol production.
Syensqo signs carbon fiber composites recycling contract with Fairmat
Syensqo and Fairmat have entered into a collaboration agreement. Under this agreement, Fairmat will recycle Syensqo’s UK carbon fiber prepreg waste, transforming it into valuable resources for the production of new products in the sports, energy, mobility, and electronics markets.
Jinggong Group, Yokogawa sign multi-faceted strategic partnership on mutual business development
Jinggong Holding Group Co. Ltd., a Chinese industrial conglomerate, and Yokogawa Electric Corp., a leader in industrial control and automation, have signed a strategic partnership agreement to explore the possibility of new business development and market expansion through collaboration in manufacturing optimization, energy management and other fields.
ADNOC takes FID, awards $5 B in contracts for Phase 1 of its Rich Gas Development project
ADNOC Gas announced it has taken a FID and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) project, which involves expanding key processing units to increase throughput and improve operational efficiency across four ADNOC gas facilities: Asab, Buhasa, Habshan (Onshore), and the Das Island liquefaction facility (Offshore).
Honeywell, Johnson Matthey, Gidara Energy and Samsung E&A form SAF technology alliance
Honeywell, Johnson Matthey, GIDARA Energy and SAMSUNG E&A announced the formation of a strategic technology alliance to bring a groundbreaking end-to-end global solution to market for producing sustainable aviation fuel (SAF) from biomass and municipal solid waste.
Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel
Plug’s electrolyzer technology has been selected as the foundation of a new $5.5-B billion green chemical production facility in Uzbekistan that will produce sustainable aviation fuel, green urea, and green diesel.
Clariant launches innovative PFAS-free polymer processing aids for more sustainable polyolefin extrusion
Clariant announced the launch of its new AddWorks PPA product line, a new generation of PFAS (per- and polyfluoroalkyl substances)-free polymer processing aids designed specifically for polyolefin extrusion applications. This innovative solution addresses the industry's growing need for more sustainable alternatives to conventional fluoropolymer-based processing aids while maintaining strong performance standards.
Solvay and BASF together reduce scope 3 emissions in hydrogen peroxide production
Solvay and BASF announced to jointly focus on a meaningful reduction in scope 3 greenhouse gas emissions within the hydrogen peroxide supply chain.
Chart Industries and Flowserve combined to form $19-B enterprise
Chart Industries, Inc. and Flowserve Corporation announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in industrial process technologies. The combined company is expected to have an enterprise value of approximately $19 billion.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12

