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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.

Clariant technology to transform 8,000 tpy of CO₂ to synthetic fuels and waxes

Clariant announced that its ShiftMax 100 RE catalyst is powering INERATEC's advanced e-Fuels production plant, “ERA ONE” in the industrial park Frankfurt Hoechst, Germany. The facility, officially opening on June 3, will recycle approximately 8,000 tpyof CO₂ and transform it into up to 2,500 tons of synthetic fuels and waxes.

Lummus and InnoVent Renewables sign MoU for tire pyrolysis technology

Lummus Technology and InnoVent Renewables announced the signing of a Memorandum of Understanding (MoU) to work toward licensing and deploying InnoVent's continuous tire pyrolysis technology globally.

BASF, Yuntianhua successfully verify/register GHG emissions reductions from the use of stabilized urea fertilizer

European chemical industry pessimistic for 2025, recovery not until 2026 says new report

After a sobering business year in 2024 ("lost year"), the leading European chemical companies are still not forecasting any significant recovery for 2025. A cautiously positive development is only expected in the second half of the year - provided that a global trade war or a lack of economic recovery do not thwart the forecast.

U.S. administration considers plan to clear record backlog of small refinery biofuel waivers

The White House (U.S.) is weighing a plan to clear a record backlog of requests from small refineries for exemptions from U.S. biofuel laws, which could include approving many current applications and requesting industry input to deal with older ones.

Nigeria's Dangote refinery to run at reduced rates through October

The 650,000-bpd Dangote oil refinery in Nigeria is expected to operate its gasoline-making unit at reduced rates through October after a string of issues in recent months.

U.S. ethane exports to China hit new roadblock with license requirement

Chinese purchases of U.S. ethane, a key petrochemical feedstock, face fresh uncertainty after the U.S. Commerce Department told exporters to seek licenses to export to China

Hitachi Energy provides solution for Chinese green hydrogen-ammonia-methanol integrated project

Hitachi Energy has delivered rectifier transformers for electrolytic hydrogen to a hydrogen industry park built by China Energy Engineering Corporation (CEEC) in Songyuan, a city in northeast China.

BASF intends to take over shares in Alsachimie JV from DOMO Chemicals

BASF and DOMO Chemicals have signed an agreement giving BASF the right to take over DOMO Chemicals’ 49% share of the Alsachimie joint venture, in which BASF currently holds 51%.

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