McDermott Bags Carbon Capture and Storage Project Contract in Malaysia
McDermott has bagged an offshore contract from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) for the Kasawari Carbon Capture and Storage (CCS) project,...
CSIR-NIIST set Photovoltaic Efficiency Record
In a technological milestone, scientists at CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST) have set a new efficiency record of 35.6 percent in...
LYB to Acquire Stake in Saudi Based NATPET
LyondellBasell (LYB) has entered into an agreement to acquire a 35% stake in Saudi Arabia based National Petrochemical Industrial Company (NATPET) from Alujain Corporation...
Solvay Expands Operations across Recycling Facilities in Europe
Solvay has increased capacity at its Resolest® and Solval® units, specifically designed for recycling residues from the flue gas cleaning process using the market-leading SOLVAir® solution. The rising demand for...
Carbonaires Receives Funds from KTM Chemicals for Carbon and Biodiversity Projects
Carbonaires secured a strategic investment from KTM Chemicals S.A. (KTM), a global distributor and trader specialising in plastics and chemical raw materials. The investment...
Braskem and FKuR Sign Agreement for Distribution of Bio-based EVA
Braskem S.A. and bioplastics specialist FKuR Kunststoff GmbH are expanding their distribution agreement to include further products from the I'm green™ bio-based portfolio. FKuR will now also be...
Avaada to Set up Six GW Wind-Solar Hybrid Project
A memorandum of understanding (MoU) was signed between Avaada Group and the Gujarat government, marking a collaboration to develop a 6,000 MW wind-solar hybrid...
Elkem ASA to Acquire REC Solar Norway from Reliance Industries
Reliance Industries Ltd is set to divest REC Solar Norway AS to Oslo-listed Elkem ASA for approximately $22 million. REC Norway, a wholly-owned subsidiary...
Essar gets Approval for Low-Carbon Hydrogen Production Hub in the UK
Essar’s plans of establishing a large-scale, low-carbon hydrogen production plant in the UK at the Stanlow manufacturing complex has been approved by the Cheshire...
IBA Seeks Incentives to Promote Bio-Fertilizer
The Indian Biogas Association (IBA) is pursuing for a range of incentives in the upcoming finance budget 2024-25, including the establishment of a dedicated...