che_october-2024 - 10

Business News
LINEUP
ADNOC
AIR PRODUCTS
BASF
EVONIK
EXXONMOBIL
GEVO
METHANEX
INDORAMA
LOTTE ENERGY
LYONDELLBASELL
MOL GROUP
NIPPON SHOKUBAI
NOURYON
OCI GLOBAL
PPG
PRAYON
SK ENERGY
Plant Watch
SK Energy to start commercial
production of SAF
October 16, 2024 - SK Energy, a subsidiary
of SK Innovation Co. (Seoul, South Korea;
www.skinnovation.com), announced the
completion of South Korea's first dedicated
production line for sustainable aviation fuel
(SAF). The new facility leverages an advanced
co-processing technology that integrates
bio-based feedstocks with traditional oil
processing, allowing simultaneous production
of petroleum and low-carbon products. A
dedicated 5-km pipeline is installed to feed
feedstocks continuously into the manufacturing
process, enabling continuous SAF production.
BASF inaugurates new plant for alkyl
ethanolamines at its Antwerp site
October 12, 2024 - BASF SE (Ludwigshafen,
Germany; www.basf.com) has inaugurated
a production plant for alkyl ethanolamines
at its Verbund site in Antwerp, Belgium. This
new investment will increase the company's
global annual production capacity for alkyl
ethanolamines, including dimethyl ethanolamine
and methyl diethanolamine, by nearly 30% to
over 140,000 metric tons per year (m.t./yr).
Nippon Shokubai to construct new plant
for lithium-ion battery electrolyte
October 12, 2024 - Nippon Shokubai Ltd.
(Osaka, Japan; www.shokubai.co.jp) is planning
to build a new plant for lithium bis(fluorosulfonyl)
imide (LiFSI), which is used as an electrolyte
for lithium-ion batteries. The new plant, to be
located in Fukuoka Prefecture, Japan, will
have a production capacity of 3,000 m.t./yr.
Evonik starts up new spray-drying facility
for pharmaceutical products in Darmstadt
October 10, 2024 - Evonik Industries AG (Essen,
Germany; www.evonik.com) opened a new
facility for drying aqueous polymer dispersions
of the brand Eudragit at its site in Darmstadt.
These polymers are polymethacrylates suitable
for use in drug-delivery applications.
Look for more
latest news on
chemengonline.com
10
Nouryon significantly expands its
sodium chlorate capacity in Brazil
October 10, 2024 - Nouryon (Amsterdam,
the Netherlands; www.nouryon.com) has
commenced operations at its new manufacturing
site in Ribas do Rio Pardo, Mato Grosso do
Sul, Brazil, which includes the production
of hydrogen peroxide, sodium chlorate and
chlorine dioxide. The new investment, designed
in partnership with a long-term customer in
Brazil, significantly increases Nouryon's total
sodium chlorate capacity available to the market
and supports the growing pulp and paper
industry in the region.
Lotte Energy completes new pilot plant
for solid-state battery electrolytes
October 6, 2024 - Lotte Energy Materials (Seoul,
South Korea; www.lotteenergymaterials.com)
completed a pilot plant for the production of
sulfide-based solid electrolytes, a key material
for next-generation all-solid-state batteries,
at its Iksan Plant 2 in Jeonbuk, South Korea.
The pilot plant has a production capacity of
70 m.t./yr of solid electrolytes.
MOL Group starts production at greenhydrogen
plant in Hungary
October 5, 2024 - MOL Group (Budapest,
Hungary; www.molgroup.info) announced
that a 10-MW green hydrogen plant, the
largest in Central and Eastern Europe, has
started production at MOL's Százhalombatta
refinery. The facility produces 1,600 m.t./yr
of carbon-neutral green hydrogen, which is
used for fuel production, reducing the Danube
Refinery's carbon dioxide emissions by around
25,000 m.t./yr.
Evonik opens new plant for sustainable
emollients at its Steinau, Germany site
October 4, 2024 - Evonik inaugurated its new
production plant for cosmetic emollients at
its site in Steinau, Germany. These esters are
manufactured using an enzymatic process. The
new plant will significantly increase Evonik's
production capacity, which will cater to the
growing customer demand for sustainable
cosmetic emollients.
Mergers & Acquisitions
Gevo acquires Red Trail Energy
assets in North Dakota
October 16, 2024 - Gevo, Inc. (Englewood,
Colo.; www.gevo.com) has entered into a
definitive agreement to acquire the ethanol
production plant and carbon capture and
sequestration (CCS) assets of Red Trail Energy,
LLC in North Dakota for $210 million. The
acquisition includes existing CCS assets with
total sequestration capacity of 1 million m.t./
yr, of which 160,000 m.t./yr are currently being
utilized, as well as a low-carbon ethanol plant
with 65 million gal/yr of capacity.
Methanex to acquire international
methanol business from OCI Global
October 9, 2024 - Methanex Corp. (Vancouver,
B.C., Canada; www.methanex.com) entered into
a definitive agreement to acquire OCI Global's
(Amsterdam, the Netherlands; www.oci-global.
com) international methanol business for $2.05
billion. The transaction includes OCI's interest in
two world-scale methanol facilities in Beaumont,
Tex., one of which also produces ammonia.
The transaction also includes a low-carbon
methanol production and marketing business
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
OCTOBER 2024
https://www.lotteenergymaterials.com/en/ http://www.skinnovation.com https://molgroup.info/en http://www.basf.com http://www.shokubai.co.jp http://www.gevo.com http://www.evonik.com http://www.nouryon.com http://www.methanex.com http://www.oci-global.com http://www.chemengonline.com http://WWW.CHEMENGONLINE.COM
che_october-2024

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