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Engineering & Design

Launch of industry-first methanol powered sustainable shipping fund

ProMarine AG announces the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman and Stena Bulk AB.

LyondellBasell beats profit estimates on strong demand for oxyfuels

Chemical maker LyondellBasell Industries on Friday beat third-quarter profit estimates, boosted by strong demand for oxyfuels during the summer season when more people take road trips.

SICK and Endress+Hauser want to join forces in process automation

German sensor company SICK and Swiss tech specialist Endress+Hauser are pursuing a strategic partnership in SICK's process automation sector to enhance customer support in key areas like energy efficiency, resource conservation, and environmental protection and have signed a MoU to bolster their collaboration.

Kuwait's KIPIC in talks with potential partners on petrochemicals complex

State-owned Kuwait Integrated Petroleum Industries Company is in early talks with companies to partner on an integrated petrochemicals complex worth up to $9.70 B.

LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling

Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.

Yara and Navigator invest in Azane to build ammonia bunkering network

Yara Growth Ventures AS, the venture investment arm of Yara International ASA, and Navigator Holdings Ltd. today announced that they have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions AS.

Clariant and Technical University of Munich celebrate renewal of sustainability and catalysis alliance “MuniCat”

Clariant and Technical University of Munich have renewed their long-term strategic alliance in the field of research and application of new catalyst systems.

New acrylic resin material for automotive bodies under joint development with Honda

The Mitsubishi Chemical Group is pleased to announce that it and Honda Motor Co., Ltd. are jointly developing PMMA material for automotive body parts.

thyssenkrupp Uhde awarded contract by ENOWA to supply a green methanol and methanol-to-gasoline plant

thyssenkrupp Uhde has been awarded a contract by ENOWA, NEOM’s energy and water company, for engineering services and the supply, design and procurement of equipment for a new CO2-to-methanol and methanol-to-gasoline demonstration plant at ENOWA’s Hydrogen Innovation and Development Center in Saudi Arabia.

Neste sees Singapore green jet fuel sales picking up from Q2 2024

Finland's Neste beat third-quarter core earnings forecasts and said SAF sales from its new Singapore facility would pick up from the second quarter of next year.