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KBC | August 19, 2022
KBC announces the release of a new version of its award-winning Petro-SIM® process simulation software. Version 7.3 now has a more reliable and robust reactor for modeling bio-oils and an emission calculation model for gas turbines and burners. As operators transition to clean energy, they now have access to highly accurate methods to design, monitor, and streamline operations while improving margins. Petro-SIM 7.3 technology lays the foundation for AI-based automated model maintenance, supp...
LanzaTech Inc. | October 07, 2022
The U.S. Department of Energy recently announced $178 million for bioenergy research to advance sustainable technology breakthroughs that can improve public health, address climate change, improve food and agricultural production, and create more resilient supply chains. A team from Northwestern University, LanzaTech NZ, Inc. Yale University, and National Renewable Energy Laboratory received $18.5 Million in funding from this grant for integrating cell‐free systems and genome engi...
Chevron Corporation | March 01, 2022
Chevron Corporation and Renewable Energy Group, Inc. announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share. The acquisition combines REG’s growing renewable fuels production and leading feedstock capabilities with Chevron’s large manufacturing, distribution and commercial marketing position. “REG was a founder of t...
S&P Global | March 18, 2020
The US chemical industry's trade group told President Donald Trump and state governors this week that its sector must maintain operations as the coronavirus outbreak spreads to ensure supply of chemicals needed for disinfectants, plastics for food preservation and medical equipment, and staples like diapers and soap. "The role of chemistry is particularly important today, as chemicals enable countless products that will be needed to support good hygiene and treat those who are infected ...
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