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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...
Capra Biosciences | June 07, 2022
Capra Biosciences officially announced it has raised $1.8 million in an oversubscribed pre-seed funding round to advance their continuous-flow bioreactor technology, which changes the economics of making sustainable petrochemical replacements using biology. Capra will use the funding to build their production-scale reactor and extend its capabilities to include the production of lubricants. Located in the Prince William Science Accelerator, the company works at the intersection of...
Sinopec | November 06, 2020
Epec.com, a professional SC2B e-commerce platform for industrial products launched by China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") in 2017, has listed a total of 1,565 online vendors and more than 14,000 product items since it went online three years ago, achieving an accumulated transaction volume of over USD 39 billion. Epec.com is an e-commerce platform facilitating SC2B (supply chain to businesses) transactions of industrial products, serving Sinopec as well as...
wbrz | March 27, 2020
ExxonMobil is helping to meet the demand for products like medical hand sanitizers, alcohol wipes, and disinfectant sprays by manufacturing a key ingredient, isopropyl alcohol (IPA), and providing it to the customers and areas that need it most. ExxonMobil’s Baton Rouge Chemical Plant is home to the world’s largest IPA production unit, which produces millions of gallons each year. The company first introduced the commercial-scale production and supply of IPA to the market 100 years a...
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