Process Optimization

Braskem Idesa announced partner for new $400 MM Mexico ethane terminal

Braskem Idesa´s new partner in a $400 MM investment in an ethane import terminal in Mexico will be Advario, part of the storage and logistic infrastructure company Oiltanking.

Maire Tecnimont wins contracts for approximately $96 MM

Maire Tecnimont announced that its subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately $96 MM.

Process Insights announced the acquisition of the assets of the process analyzers business from Schneider Electric

Process Insights, a Union Park Capital portfolio company, announced the acquisition of the assets of the Process Analyzers business from Schneider Electric.

Neste acquires European rights to Alterra Energy’s thermochemical liquefaction technology

Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance chemical recycling.

Indorama Ventures enters world-first China license agreement with Shandong Binhua New Material Co. Ltd.

Indorama Ventures, a global sustainable chemical company, has signed a license agreement with Shandong Binhua New Material Co. to build, own and operate a propylene oxide, t-Butanol and t-Butyl methyl ether co-production unit.

Technip Energies Online Exclusive: The benefits of homomorphic encryption: A technological enabler for digital services to operations

Among the cryptographic technologies under development in various industries, homomorphic encryption possesses the attractive feature of allowing computation within the encrypted domain.

Lummus Technology launches next generation of breech-lock high-pressure heat exchanger closure

Lummus Technology announced the launch of its Polaris breech-lock closure, a new technological upgrade applicable to its high-pressure heat exchanger equipment.

Clean energy start-up reveals plan for $800 MM renewable fuels facility in Port Allen

Arbor Renewable Gas is evaluating West Baton Rouge Parish for a planned $800 MM manufacturing and distribution facility employing carbon capture and sequestration emissions-reduction technology.

GE Digital launches accelerator tools to help energy companies accelerate digital transformation

GE Digital announced its new Accelerator product line adding best-in-class software tools to help empower companies in asset-intensive energy industries to quickly configure its Asset Performance Management (APM) and other offerings.

Business Trends: The acceleration of industrial autonomy and its impact on sustainable manufacturing

Finnan, K., Yokogawa

In 2020, the author’s company published the results of a survey that highlighted a significant shift to industrial autonomy, with as many as 89% of companies planning to increase the level of autonomy in their operations.