Business & Economics Archives - Chemical Engineering https://www.chemengonline.com/category/business-economics/ Chemical Engineering essentials for the global chemical processing industries (CPI) Fri, 16 Aug 2024 16:19:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 2024 CEPCI updates: June (prelim.) and May (final) https://www.chemengonline.com/2024-cepci-updates-june-prelim-and-may-final/ https://www.chemengonline.com/2024-cepci-updates-june-prelim-and-may-final/#respond Fri, 16 Aug 2024 16:19:44 +0000 https://www.chemengonline.com/?p=280243 The preliminary value for the CE Plant Cost Index (CEPCI) for June 2024 (most recent available) decreased slightly compared to the previous month’s value. Since the beginning of the year, the value has been hovering around 800. The small decline in the June CEPCI was a result of small decreases in each of the four […]

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]]> https://www.chemengonline.com/2024-cepci-updates-june-prelim-and-may-final/feed/ 0 Clariant deoxygenation catalyst selected for green ammonia project in China https://www.chemengonline.com/clariant-deoxygenation-catalyst-selected-for-green-ammonia-project-in-china/ https://www.chemengonline.com/clariant-deoxygenation-catalyst-selected-for-green-ammonia-project-in-china/#respond Thu, 08 Aug 2024 13:20:56 +0000 https://www.chemengonline.com/?p=279824 Clariant AG (Muttenz, Switzerland; www.clariant.com), a sustainability-focused specialty chemical company, today announced that a deoxygenation catalyst from its EnviCat Green series was selected for a major green ammonia project in China. The catalyst will be used to remove trace oxygen from green hydrogen produced at the facility, before conversion into green ammonia. Carbon-free production of […]

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]]> https://www.chemengonline.com/clariant-deoxygenation-catalyst-selected-for-green-ammonia-project-in-china/feed/ 0 Integrals Power starts pilot plant for nanomaterials-based cathode active materials https://www.chemengonline.com/integrals-power-starts-pilot-plant-for-nanomaterials-based-cathode-active-materials/ https://www.chemengonline.com/integrals-power-starts-pilot-plant-for-nanomaterials-based-cathode-active-materials/#respond Mon, 22 Jul 2024 17:16:38 +0000 https://www.chemengonline.com/?p=278473 Integrals Power (Milton Keynes, U.K.; www.integralspower.co.uk) has started production of high-performance lithium-iron-phosphate (LFP) and lithium-manganese-iron-phosphate (LMFP) cathode active materials at its pioneering new U.K. pilot plant. This milestone for the U.K. battery industry will help to accelerate the development of the domestic battery industry and achieve net zero ambitions. Following successful laboratory trials, Integrals Power […]

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]]> https://www.chemengonline.com/integrals-power-starts-pilot-plant-for-nanomaterials-based-cathode-active-materials/feed/ 0 2024 CEPCI updates: May (prelim.) and April (final) https://www.chemengonline.com/2024-cepci-updates-may-prelim-and-april-final/ https://www.chemengonline.com/2024-cepci-updates-may-prelim-and-april-final/#respond Thu, 18 Jul 2024 12:56:00 +0000 https://www.chemengonline.com/?p=278329 The preliminary value for the CE Plant Cost Index® (CEPCI) for May 2024 (most recent available) rose slightly compared to the previous month’s value. The final value for April 2024 was itself upwardly revised. The small uptick in the May CEPCI was a result of increases in the Equipment and Construction Labor subindices. The Buildings […]

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]]> https://www.chemengonline.com/2024-cepci-updates-may-prelim-and-april-final/feed/ 0 Business News: July 2024 https://www.chemengonline.com/business-news-july-2024/ https://www.chemengonline.com/business-news-july-2024/#respond Mon, 01 Jul 2024 00:00:00 +0000 https://www.chemengonline.com/?p=276187 Agilyx polystyrene depolymerization plant commissioned in Japan June 7, 2024 — Agilyx ASA (Tigard, Ore.; www.agilyx.com) announced that its depolymerization technology was successfully demonstrated during

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]]> https://www.chemengonline.com/business-news-july-2024/feed/ 0 Facts At Your Fingertips: Hydrogen Production Methods and End-use Markets https://www.chemengonline.com/facts-at-your-fingertips-hydrogen-production-methods-and-end-use-markets/ https://www.chemengonline.com/facts-at-your-fingertips-hydrogen-production-methods-and-end-use-markets/#respond Mon, 01 Jul 2024 00:00:00 +0000 https://www.chemengonline.com/?p=276236 Department Editor: Scott Jenkins Current hydrogen demand is dominated by petroleum refining and fertilizer production, and is supplied largely by fossil-fuel-based steam-methane reforming (SMR). Increasingly

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]]> https://www.chemengonline.com/facts-at-your-fingertips-hydrogen-production-methods-and-end-use-markets/feed/ 0 Evonik commissions new plant for easy-to-disperse silicas at Rheinfelden site https://www.chemengonline.com/evonik-commissions-new-plant-for-easy-to-disperse-silicas-at-rheinfelden-site/ https://www.chemengonline.com/evonik-commissions-new-plant-for-easy-to-disperse-silicas-at-rheinfelden-site/#respond Fri, 28 Jun 2024 15:21:29 +0000 https://www.chemengonline.com/?p=277265 Evonik (Essen, Germany; www.evonik.com) has inaugurated a plant for its innovative dispersion technology for fumed silica at its Rheinfelden site. This strengthens the specialty chemicals company’s position as a leading supplier of high-quality silicas from the AEROSIL® family.  The new system is tailored for the production of AEROSIL Easy-to-Disperse (E2D) products. This technology simplifies the […]

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]]> https://www.chemengonline.com/evonik-commissions-new-plant-for-easy-to-disperse-silicas-at-rheinfelden-site/feed/ 0 Technip Energies acquires technology from Shell to accelerate bio-based polyester production https://www.chemengonline.com/technip-energies-acquires-technology-from-shell-to-accelerate-bio-based-polyester-production/ https://www.chemengonline.com/technip-energies-acquires-technology-from-shell-to-accelerate-bio-based-polyester-production/#respond Fri, 28 Jun 2024 15:06:11 +0000 https://www.chemengonline.com/?p=277263 Technip Energies (Paris; www.ten.com) and Shell Catalysts & Technologies (Houston; www.shell.com) announce a technology transfer agreement which accelerates the commercialization of Technip Energies’ Bio-2-GlycolsTM technology for bio-based Mono Ethylene Glycol (MEG) production from glucose. MEG is traditionally produced using fossil-based feedstock to make various types of polyesters for packaging materials, such as plastic bottles, and […]

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]]> https://www.chemengonline.com/technip-energies-acquires-technology-from-shell-to-accelerate-bio-based-polyester-production/feed/ 0 Cepsa and European Investment Bank sign loan agreement for biofuels plant https://www.chemengonline.com/cepsa-and-european-investment-bank-sign-loan-agreement-for-biofuels-plant/ https://www.chemengonline.com/cepsa-and-european-investment-bank-sign-loan-agreement-for-biofuels-plant/#respond Fri, 28 Jun 2024 14:46:04 +0000 https://www.chemengonline.com/?p=277261 The European Investment Bank (EIB; Luxembourg; www.eib.org) and Cepsa (Madrid, Spain; www.cepsa.com) sign a €285 million loan agreement for the construction of an advanced biofuels plant to be located next to the La Rábida Energy Park in Palos de la Frontera, Andalusia. The plant, which Cepsa is building together with Bio-Oils (bio-oils.com), will produce sustainable […]

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]]> https://www.chemengonline.com/cepsa-and-european-investment-bank-sign-loan-agreement-for-biofuels-plant/feed/ 0 Integrals Power Validates Cost Benefits of Lithium-Iron-Phosphate Batteries https://www.chemengonline.com/277256-2/ https://www.chemengonline.com/277256-2/#respond Fri, 28 Jun 2024 13:39:23 +0000 https://www.chemengonline.com/?p=277256 Integrals Power (Milton Keynes, U.K.; www.integralspower.co.uk) is accelerating the development and establishment of a more sustainable, more robust and more transparent supply chain for cathode active materials used in lithium iron phosphate (LFP) batteries. The market share of LFP batteries in electric vehicle applications has already risen to 40%, according to the International Energy Agency […]

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