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Latest from BCInsight
Nextchem buys Ballestra
NEXTCHEM has signed a binding agreement to acquire Ballestra Group for around €126.5 million. The announcement was made by Maire – Nextchem’s parent company – on 24th December.
Prayon opens new Engis unit
Prayon has officially opened a new sodium hexametaphosphate (SHMP) production unit at its Engis complex in Belgium. The €30 million investment is designed to strengthen the company’s position in the food and technical phosphates market.
Mosaic sells SOPM business for $30 million
The Mosaic Company has sold its Mosaic Potash Carlsbad business in New Mexico to newly-formed company International Minerals Carlsbad for $30 million.
New CBAM package disappoints industry
Trade body Fertilizers Europe says the EU’s new carbon border adjustment mechanism (CBAM) package “will significantly weaken the mechanism and prevent it from delivering on its promises”.
Life management of reformer convection section tubing
The convection section of a syngas reformer is vulnerable to creep, corrosion, erosion, fretting and fouling which can cause deformation, local metal loss and failures that risk plant shutdown. Inspection access is limited, but solutions are available. Quest Integrity discusses life management of the reformer convection section to reduce unplanned outages.
Voluntary carbon markets – trust and scalability
The voluntary carbon market (VCM) is maturing rapidly, and a succession of governance, standards and policy initiatives has been launched since 2020 to tackle weaknesses in integrity and scalability which have constrained uptake and undermined confidence.
Development funding for green ammonia plant
The African Development Bank has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green ammonia project valued at more than $10 billion, and with the potential to position Namibia as a pioneer in the global green hydrogen economy. The loan, sourced from the Sustainable Energy Fund for Africa (SEFA), will support frontend engineering design (FEED) studies for solar and wind generation, battery energy storage systems, and electrolyser capacity and desalination infrastructure, aiming to de-risk the project and attract the financing required for its realisation.
Greene Tweed achieves hydrogen compression breakthrough
Greene Tweed, a leader in advanced materials and high-performance solutions, says it has achieved a significant advancement in hydrogen compression technology. The company’s newly engineered composite closed impeller set a record-breaking tip speed of 688 m/s in testing – nearly double that of traditional metallic impellers. The innovation highlights the potential of advanced composite materials to enhance performance, reduce costs, and improve efficiency in critical hydrogen pipeline infrastructure, specifically the transportation, storage and utilisation market segments.









