Avestra

Firstpost | January 13, 2020

The carbon footprint in the chemical industry is likely to reduce as engineers from Rice University have invented a light-powered nanoparticle to help the cause. They are tiny spheres of copper dotted with single atoms of ruthenium, is the prime ingredient in composing a green process for developing synthesis gas, commonly known as syngas, the valuable chemical feedstock generally used to make fertilizer, fuels, and many other products. Researchers from Rice, UCLA and the University of Californi...

Chemicalwatch | May 06, 2020

The new chair of a UK parliamentary committee has expressed his concerns over the government's post-Brexit chemicals strategy, after its development was suspended due to the coronavirus Covid-19 pandemic. In a letter to minister of state George Eustice, Environmental Audit Committee chair Philip Dunne said that given the delays already incurred, the decision to pause work on it in order to prioritise the government's response to the pandemic was "regrettable". The Department fo...

Chemical Management

ExxonMobil | January 12, 2022

ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components. Biojet AS plans to develop up to five facilities to produce the biofuels and biofuel components. The company anticipates commercial production to begin in 2025 at a manufact...

Chemical Technology

Ara Partners | October 07, 2021

Ara Partners ("Ara"), a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Fluitron Inc. ("Fluitron" or the "Company"). Terms of the transaction were not disclosed. Based in Ivyland, Pennsylvania, Fluitron is a market leader in manufacturing industrial gas compression and dispensing equipment, including diaphragm compressors, pressure vessels, and other specialized products. Founded in 1976, Fl...