The most read article of the week on CW 247 by a country mile is our magazine cover story about Dow Chemical’s journey from the depths of the recession in early 2009, to recovery early this year. It’s a theme that has resonance across the...
Energy efficiency measures implemented by BASF in 2009 are set to make annual energy savings for the company totalling €39 million ($53 million), the company says. The savings are detailed in the firm’s 2009 annual report which is due...
BP, Caterpillar and ConocoPhillips say they will not renew their memberships in the U.S. Climate Action Partnership (USCAP; Washington), leaving Shell as the sole oil major left in the group. USCAP, a coalition of environmental groups and companies, supports...
Some start-ups entering the biofuels sector already are revealing themselves as winners in certain market applications even though there is no shortage of mature biofuel companies, according to a new report by Lux Research (Boston, MA), a financial analyst...
A committee representing European Union (EU) member states has accepted a European Commission proposal to direct funds raised from the region’s emissions trading scheme (ETS) into projects for carbon capture and storage (CCS), and renewable fuels and...
ZeaChem (Lakewood, CO), a bioprocessing firm, says it has successfully tested a fermentation process for manufacturing acetic acid from renewable biomass to a scale of 5,000 liters, up from laboratory scale of 0.5 liters. The production of acetic acid is the...
Using algae for generating biomass energy is less efficient than using switchgrass, canola or corn, uses more water, and requires more inputs, according to a University of Virginia (Chartlottesville, VA) study published in a recent edition of the journal...
U.S. diversified chemical firms saw relatively strong earnings in the fourth-quarter of 2009. DuPont, Praxair, and Air Products saw profits of $402 million, $340 million, and $252 million, respectively, in the final quarter of last year. U.S. specialties...
Novozymes (Copenhagen), an enzymes technology firm, says its operating profit for fourth quarter 2009 increased 16% to DKr 431 million ($81 million), compared to the year-ago period, with corresponding sales up 7% to DKr 2.2 billion. Operating profit margin...