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Repurposing industrial CO2 emissions creates new value across value chain BRIDGEWATER, N.J. -- Henkel Corporation, a global leader for adhesives, sealants and functional coatings, and Celanese Corporation, a global chemical [...]

TOKYO & NOVI, Mich. & DouSSELDORF, Germany -- Asahi Kasei Battery Separator Corporation marked a significant step in its commitment to supporting the North American electric vehicle (EV) market by [...]

Brussels: European Competition Directorate General (DG-COMP) has issued the following news release: The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Enilive [...]

DALLAS: Celanese Corporation, a global chemical and specialty materials company, today announced that Bruce Chinn has been elected to the company's Board of Directors. Mr. Chinn, 67, served as President, [...]

DALLAS -- Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Bruce Chinn has been elected to the company's Board of Directors. Mr. Chinn, 67, [...]

Thermax announced that its wholly owned subsidiary, Thermax Chemical Solutions (TCSPL) has entered into shareholders agreement with Vebro Polymers Holdings (Vebro), Manchester, England to incorporate a new company engaged in [...]

Mining.com - Inomin, Sumitomo partner on British Columbia nickel project - 4/11/2024 Inomin Mines (TSXV: MINE) said on Monday it is partnering up with Sumitomo Metal Mining to advance the [...]

Rigzone - TotalEnergies, Partners Ink Initial Land Contract for Morocco RE Project - 30/10/2024 A joint venture between TotalEnergies SE and EREN Group, along with two Danish firms, has signed [...]

SAN FRANCISCO -- Hagens Berman urges investors in Grifols, S.A. American Depositary Shares (NASDAQ: GRFS) who suffered substantial losses to submit your losses now. Visit: www.hbsslaw.com/investor-fraud/grfs Contact the Firm Now: [...]

Shell is selling off its refining and chemicals plants in Singapore as it focuses on its more profitable businesses of producing and trading in oil and gas. The energy giant [...]

PETValue Philippines, the country's first bottle-to-bottle, food-grade recycling facility in General Trias City, Cavite said it recycled its first 1 billion PET bottles. This milestone, according to PETValue Philippines, underscores [...]

Reuters - Strike at Lundin's Caserones copper mine showing no signs of resolution after a week, union says - 19/8/2024 A strike by a workers' union at Lundin Mining's (LUN.TO), [...]

Reuters - Sasol flags loss after $3 billion writedowns - 12/8/2024 Sasol Ltd (SOLJ.J), opens new tab will report a full-year loss after writing down 55.1 billion rand ($3 billion) [...]

Mining.com - BHP's potash mine in Canada now 50% ready - 22/7/2024 BHP (ASX, NYSE: BHP) said on Monday that the first phase of its massive Jansen potash mine in [...]

Reuters - TotalEnergies to exit gas field offshore South Africa in blow to country - 3/7/2024 TotalEnergies opens new tab has notified South Africa's petroleum regulator that it intends to [...]

Offshore Engineer Magazine - TotalEnergies Nets Exploration License Offshore Sao Tome and Principe - 26/6/2024 TotalEnergies has signed an agreement to acquire a 60% interest and operatorship in Block STP02, [...]

CIL holds a majority 51 per cent stake in the new entity while the remaining 49 per cent is owned by BHEL Coal India (CIL) has incorporated a subsidiary firm, [...]

DALLAS: Celanese Corporation, a global specialty materials and chemical company, announced it has received the American Chemistry Council's (ACC) 2024 Sustainability Leadership Award, which recognizes exemplary products, technologies and initiatives [...]

Kable: Offshore Technology has issued the following press release: Shell Singapore, a subsidiary of Shell, has agreed to divest its Energy and Chemicals Park in Singapore to CAPGC, a joint [...]

Honda Motor Co., Ltd. and Asahi Kasei Corporation have agreed to collaborate on producing battery separators in Canada to meet the growing demand for high-performance batteries in the North American [...]

TOKYO, Apr 25, 2024 - (JCN Newswire) - Honda Motor Co., Ltd. today announced that the company has reached a basic agreement with Asahi Kasei Corporation on collaboration for the [...]

BEIJING, April 2, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG:0386, 'Sinopec') has inked a landmark heads of agreement (HoA) with TotalEnergies in Beijing, embarking on a joint venture [...]

PARIS: TotalEnergies and China Petroleum and Chemical Corporation have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a SINOPEC's refinery in [...]

Byline: Cameron England Mar 07, 2024 (The Australian - ABIX via COMTEX) -- A lithium mine and concentrator at Mt Holland in Western Australia that forms part of the Covalent [...]

Byline: Cameron England Mar 07, 2024 (The Australian - ABIX via COMTEX) -- A lithium mine and concentrator at Mt Holland in Western Australia that forms part of the Covalent [...]

Appi Geothermal Energy Corporation (Chief Executive Officer: Yuko Kanno, 'AGE'), which is a joint venture company formed by Mitsubishi Materials Corporation (Chief Executive Officer: Naoki Ono, 'MMC'), Mitsubishi Gas Chemical [...]

The 14.9-MW Appi Geothermal Power Plant in the Hachimantai region of Iwate Prefecture, Japan has officially started commercial operations. The power plant is owned and operated by Appi Geothermal Energy [...]

Appi Geothermal Energy Corporation (AGE), which is a joint venture company formed by Mitsubishi Materials Corporation (MMC), Mitsubishi Gas Chemical Company Inc (MGC), and Electric Power Development Co Ltd (J-POWER), started commercial operation of the Appi Geothermal Power Plant (the 'Plant') on 1 Mar 2024. The construction of the Plant had been underway since Aug 2019 in order to contribute to the reduction of CO2 emissions and the stable supply of electricity in Japan. The Plant is located at an altitude of approximately 1130 m and operates at an output capacity of 14,900 kW utilizing promising geothermal resources in the Hachimantai region of Iwate Prefecture. This is the first time in 28 years that a geothermal power plant with an output of over 10,000 kW has operated in Iwate Prefecture. All the electricity generated will be supplied to society under the Feed-In Tariff (FIT) system for renewable energy. The Plant is the second geothermal power plant jointly operated by MMC, MGC, and J-POWER, following the Wasabizawa Geothermal Power Plant (Yuzawa-city, Akita Prefecture). This project is supported by Japan Organization for Metals and Energy Security, applying a debt guarantee project for geothermal resource development funding. AGE, MMC, MGC, and J-POWER will contribute to the expansion of the use of renewable energy through the stable operation of the Plant. A table presents an overview of the Plant. Original source: MGC Mitsubishi Gas Chemical, website: http://www.mgc.co.jp/eng/index.html, Copyright Mitsubishi Gas Chemical Company Inc 2024., energy; joint venture; plant capacity; plant startup; waste emissions and pollution; carbon dioxide; Appi Geothermal Energy (AGE); Electric Power Development (J-POWER); Mitsubishi Gas Chemical (MGC); Mitsubishi Materials [...]

The objective of agreement is to form a Joint Venture Company to undertake Coal to Chemicals business Coal India is currently trading at Rs. 435.10, up by 1.40 points or [...]

The objective of agreement is to form a Joint Venture Company to undertake Coal to Chemicals business Coal India has signed a joint venture agreement (JVA) with Bharat Heavy Electricals [...]

Equity shareholding shall be 51% with CIL and 49% with BHEL Bharat Heavy Electricals (BHEL) has signed a joint venture agreement (JVA) with Coal India (CIL) to form a Joint [...]

Byline: Nick Evans and Valerina Changarathil Feb 26, 2024 (The Australian - ABIX via COMTEX) -- US-based Alcoa is offering 0.02854 of its shares for every share in Alumina Limited, [...]

LG Chem announced that on 14 Feb 2024, it had signed a Heads of Agreement (HOA) with CJ CheilJedang at the Yeouido LG Twin Towers for the establishment of a joint venture dedicated to the production and sales of eco-friendly nylon based on bio-materials (PMDA). Pentamethylenediamine (PMDA): A raw material for bio-nylon produced by fermenting corn, sugarcane, and other crops. As leading companies in the food/bio and chemical sectors, both parties plan to secure stable business competitiveness by being the first domestic companies to produce everything from raw materials to products for bio-nylon through this agreement. CJ CheilJedang will produce PMDA using microbial precision fermentation technology and joint development technology between the two companies, while LG Chem will polymerize it to produce and sell bio-nylon. This bio-nylon, produced from bio-based materials such as corn and sugarcane, boasts the same heat resistance and durability as petroleum-based nylon, making it suitable for use in a wide range of fields including textiles, automobiles, electronic devices, and more. Notably, its production using bio-based raw materials significantly reduces carbon emissions. The recent implementation of global environmental policies and the mandatory disclosure of carbon emissions Scope 3 in the United States and Europe are expected to continuously drive the demand for eco-friendly products. Furthermore, the expansion of Life Cycle Assessment (LCA) evaluations, which measure carbon emissions at each stage of product production in textiles, automobiles, and consumer electronics, is leading to a steady increase in customers seeking bio-nylon. The global market demand for bio-nylon is expected to record a high annual growth rate of 29%, expanding from 400,000 tonnes in 2023 to 1.4 M tonnes by 2028. Original source: LG Chem, website: http://www.lgchem.com/, Copyright LG Chem Ltd 2024., joint venture; market; patents and technical know-how; biomaterials; Pentamethylenediamine; polyamides; sustainable chemicals; CJ CheilJedang; LG [...]

DAMMAM, Saudi Arabia: ASMO has issued the following news release: Aramco, one of the world's leading integrated energy and chemicals companies, and DHL Supply Chain (DHL), global leader in contract [...]

Newly created company aims to drive supply chain efficiencies in procurement and logistics for the energy, chemical and industrial sectors DAMMAM, Saudi Arabia, Feb. 5, 2024 /PRNewswire/ -- Aramco, one [...]

Linde announced on 30 Jan 2024 that it has started supplying clean hydrogen and captured carbon dioxide to Celanese, a global chemical and speciality materials company. Linde is supplying Celanese with carbon dioxide captured from its state-of-the-art carbon monoxide and hydrogen production facility at Clear Lake, TX, US. Celanese will use the captured carbon dioxide and resulting clean hydrogen, along with other carbon dioxide sources, as feedstock to produce methanol with a lower carbon intensity at its Fairway Methanol LLC joint venture with Mitsui & Co Ltd. Linde already supplies carbon monoxide, oxygen and nitrogen to Celanese from its Clear Lake facility and US Gulf Coast pipeline system. The additional supply is an expansion of the existing long-term agreement. As a leading industrial gases and engineering company, Linde is playing a key role in the clean energy transition. The company is actively helping its customers to decarbonize their operations with the latest carbon capture and hydrogen technologies through its world-class engineering organization, key alliances and ventures, and leveraging its extensive experience and infrastructure. Linde is developing clean energy projects across a range of applications and industries and growing its established business along the entire value chain. Original source: Linde, website: http://www.linde.com, Copyright The Linde Group 2024., joint venture; sales agreement; carbon dioxide; carbon monoxide; hydrogen; methanol; nitrogen; oxygen; Celanese; Fairway Methanol; Linde; Mitsui & [...]

Dai Nippon Printing Co Ltd (DNP) and UBE Corporation have agreed to start collaboration through a joint venture company in Apr 2024, aiming to create new value in materials analysis. DNP and UBE will jointly operate UBE Scientific Analysis Laboratory Inc (USAL), an UBE group company that analyzes organic, inorganic and polymer compounds, with DNP acquiring 66.625% of the issued shares of USAL. USAL will become a joint venture between the two companies, with UBE continuously holding a 33.375% stake. Original source: Ube Industries Ltd, website: http://www.ube-ind.co.jp/, Copyright Ube Industries Ltd 2024., joint venture; mergers and acquisitions; Dai Nippon Printing (DNP); UBE; UBE Scientific Analysis Laboratory [...]

Eni SPA and LG Chem Ltd have formed an official partnership to proceed with joint development of a proposed grassroots biorefinery to be built at LG Chem's integrated petrochemical complex in Daesan, Chungcheong Province, South Korea, 80 km southwest of Seoul. As part of the joint-venture (JV) agreement signed on 19 Jan 2024, Eni-owned Eni Sustainable Mobility SPA's (ESM) subsidiary Enilive SPA and LG Chem will continue working towards reaching final investment decision (FID) on the project that, if approved, will involve construction of a biorefinery at Daesan that would use the Eni-Honeywell UOP LLC codeveloped proprietary Ecofining technology for flexible processing of about 400,000 tonnes/y of renewable materials for production of sustainable aviation fuel (SAF), hydrotreated vegetable oil (HVO, or renewable diesel), and bionaphtha, the companies said. Formation of the JV follows the partners' Sep 2023 launch of technical and economic feasibility assessments for the potential project that aligns with both companies' shared objective to meet growing demand for sustainable, low-carbon fuels and plastics as they advance their common goals of achieving sustainable development of decarbonized products and carbon neutrality in line with global energy transition to net-zero emissions. With FID on the project still on track for some time in 2024, the companies said they expect to complete the Daesan biorefinery by 2026. Eni previously said it will use its existing global supply chain to provide the planned biorefinery-which would leverage the Daesan complex's integrated value chain, including existing utilities and logistics infrastructure- with sustainable feedstock consisting of mainly waste and residues from the processing of vegetable oils, and used cooking oil, but also vegetable oils derived from drought-resistant crops in degraded, semi-arid, or abandoned soils not in competition with the food chain. Eni first began producing biofuels in 2014 by processing vegetable oils and biomass waste into HVO following conversion of its former 80,000-b/d Venice refinery at Porto Marghera, Italy. Since then, the operator has remained the country's sole HVO biofuels producer and become Europe's second largest via ongoing transformations of its conventional Italian refining operations, including a mix of proposed grassroots and expansion projects to grow in-country renewables production capacity. Original source: Endeavor Business Media, LLC, website: https://www.ogj.com/index.html, Copyright Endeavor Business Media, LLC 2024., joint venture; market; patents and technical know-how; plant capacity; plant restructuring; waste emissions and pollution; waste utilization and recycling; aviation fuels; biodiesel; biofuels; biomass; carbon dioxide; edible oils; naphtha; organic [...]

LG Chem and Enilive move a further step forward to the final investment decision on the project of a new biorefinery in South Korea by signing the joint venture agreement. The agreement has been signed in Rome by Eni CEO, Claudio Descalzi, and LG Chem CEO, Shin Hak-cheol. Last Sep 2023, Enilive (a company directly controlled by Eni, which holds 100% of its share capital) and LG Chem announced they were exploring the possibility to develop and operate a new biorefinery at existing LG Chem's integrated petrochemical complex in Daesan, South Korea, with the aim to complete the biorefinery by 2026 and to make it process approximately 400,000 tonnes of renewable bio-feedstocks annually using Eni's Ecofining technology and produce multiple products including sustainable aviation fuel (SAF), hydrotreated vegetable oil (HVO), and bio-naphtha. LG Chem and Eni will combine expertise in this initiative. The final investment decision is expected in 2024. Original source: LG Chem, website: http://www.lgchem.com/, Copyright LG Chem Ltd 2024., joint venture; patents and technical know-how; plant capacity; plant restructuring; aviation fuels; bio-naphtha; biofuels; hydrotreated vegetable oil; naphtha; renewable feedstocks; sustainable aviation fuel; vegetable oil; Eni; Enilive; LG [...]

LyondellBasell Industries NV has announced a $500 million deal with Alujain Corporation to acquire a 35% stake in Saudi Arabia's National Petrochemical Industrial Company (NATPET) for around $500 million. The [...]

The Now Operational Project is One of the Largest Active CCU Facilities in the World DALLAS -- Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, announced it [...]

Cape Town ETC - Petrol price more than doubled over last four years - 28/5/2024 Over the last four years, the price of unleaded 93 petrol has risen by 119%, [...]

M2 EQUITYBITES-May 7, 2024-TotalEnergies and SINOPEC forge strategic collaboration in low-carbon energy (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), integrated energy company that produces and markets oil and biofuels, [...]

Tokuyama Corporation announced on 13 Dec 2023 that its Board of Directors had resolved to execute a joint venture agreement with OCI Company Ltd (based in Seoul, South Korea and hereinafter referred to as 'OCI') for the joint production of semiconductor-grade polycrystalline silicon semi-processed products in Malaysia at a meeting held on 13 Dec 2023. Tokuyama has identified efforts to transform its business portfolio as a key component of its Medium-Term Management Plan 2025. Based on the aforementioned, the company is promoting business growth by allocating management resources to the electronics, healthcare, and environmental businesses while at the same time pursuing international expansion. The joint venture business in this instance is a part of these endeavours. In light of expansion in the semiconductor market and subsequent forecast increase in demand for polycrystalline silicon, Tokuyama plans to establish a joint venture company with OCI to put in place production and supply facilities for semiconductor-grade polycrystalline silicon using clean energy and promote accelerated business expansion in the electronics field while controlling increase in CO2 emissions. As identified, this joint venture business entails the establishment of a joint venture company that will engage in the production of semiconductor-grade polycrystalline silicon semi-processed products. The company plans to start the operation with a production capacity of around 8000 tonnes/y. The total investment is expected to be worth around $300 M. Production capacity is planned to increase to around 10,000 tonnes in the future. Each company plans to undertake the commercialization and sale of products as is currently the case. Collaboration is subject to the approval of the relevant regulatory authorities in the countries involved. With this in mind, Tokuyama will proceed with the establishment of the joint venture with OCI while responding appropriately. Three tables show the outline of the joint venture and joint venture partner, and the timetable. Original source: Tokuyama, website: http://www.tokuyama.co.jp/, Copyright Tokuyama Corporation 2023., investment; joint venture; plant capacity; polycrystalline silicon; OCI; [...]

On 3 Dec 2023, Kumho Petrochemical announced that the company held a groundbreaking ceremony on 1 Dec 2023, for carbon dioxide (CO2) capture and liquefaction plants, a key facility for the carbon capture utilization and sequestration (CCUS) project, at Kumho Petrochemical's Yeosu 2nd Energy Plant in Yeosu, Jeollanam-do. Kumho Petrochemical has been gradually preparing for this project by establishing a joint venture called 'K&H Special Gas' in Sep 2023 after signing a business cooperation MOU with Hankook Special Gases in Jul 2022. The event was attended by the CEOs of K&H Special Gas, Korea Special Gas, Hyundai Heavy Industries Power System, along with the heads of Kumho Petrochemical's Yeosu Energy plant and Korea Environment Corporation. Following the event, the attendees collectively inspected the site's progress. The collection and liquefaction plant, currently under construction, is slated for completion in early 2025. It will selectively collect CO2 from the exhaust gas produced during the steam and electricity production process at Kumho Petrochemical's cogeneration plant. Subsequently, a process will be established to convert it into carbonic acid through K&H Special Gas' liquefaction process. The company anticipates annually collecting and reusing about 69,000 tonnes/y of CO2 through domestically based collection technology, which is akin to planting 27,000 new trees/y. Original source: Kumho Petrochemical Co., Ltd., website: https://www.kkpc.com/eng/, Copyright KUMHO PETROCHEMICAL 2023., joint venture; patents and technical know-how; plant restructuring; waste emissions and pollution; waste utilization and recycling; carbon dioxide; carbonic acid; Hankook Special Gases; Hyundai Heavy Industries Power System; K&H Special [...]

SURREY: RecycLiCo Battery Materials has issued the following press release: RecycLiCo Battery Materials Inc. ('RecycLiCo' or the 'Company'), (TSX.V: AMY | OTCQB: AMYZF| FSE: ID4) a pioneer in the field [...]