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Chemical Management, Market Outlook

Prnewswire | June 28, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, and MOL Group, the leading integrated Central Eastern European oil and gas corporation, have announced their agreement to cooperate in the deployment and integration of chemical recycling of plastics at MOL's assets in Hungary and Slovakia. Chemical recycling of plastics is part of MOL's commitment to collect close to 5 million tonnes of municipal solid waste, which includes the treatmen...

Chemical Management

ClearSign Technologies Corporation | December 01, 2022

ClearSign Technologies Corporation an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announced that the Company has received the concluding purchase order to proceed with the last phase of the 20 burner project announced on March 29, 2022 for a California refinery. The purchase order is for the manufacture and delivery of the remaining 16 burners, control equipment and ...

Chemical Technology, Chemical Management

Matador Resources | January 25, 2023

On January 24, 2023, Matador Resources Company announced that a fully-owned subsidiary of Matador had signed a definitive agreement for the acquisition of Advance Energy Partners Holdings, LLC, which includes oil and natural gas producing properties and undeveloped land in New Mexico, Lea County, and Ward County, Texas. The consideration for the Advance Transaction will include an initial cash payment of $1.6 billion, depending on customary closing adjustments, as well as additi...

Chemical Management

LANXESS and Emerson | October 14, 2022

Specialty chemicals company LANXESS has selected Emerson a global software and technology leader, as a Global Alliance Partner for automation technology, enhancing its existing long-standing relationship. By upgrading its control and safety systems, and digitally transforming its production facilities, LANXESS aims to optimize operational performance and support sustainability targets. The companies have signed an initial five-year global agreement. Emerson will help drive the ado...