French shipping giant CMA CGM has added its fifth methanol-ready vessel to its fleet as part of a wider $20 billion renewal programme. The CMA CMG Gold vessel has a capacity of 13,000 TEU, and is part of an expansion focused on alternative fuels such as biomethanol and e-methanol, with the company aiming to eventually […]
Singapore’s Anyang Indorama Gases, a subsidiary of Indorama Corporation has signed an RMB 2.4 billion ($358 million) long-term loan with a consortium of five Chinese banks to finance the expansion of its fertilizer plant in Anyang City, China. The expansion is set to double the company’s urea fertilizer capacity to around 2 million t/a by […]
Nextchem will provide the urea production technology for a new 3,150 t/d urea plant in China. As part of the deal, the company will provide the technology license, process design package and proprietary equipment through its nitrogen technology licensor Stamicarbon. The project will be based on Nextchem’s proprietary NX STAMI™ technology for urea production, which […]
Spanish hydrogen technology developer H2SITE has secured €3.4 million ($3.8 million) in funding for its HydraNord Power project in Norway. The project aims to scale to a commercial level the company’s onboard ammonia-to-power system for the maritime sector. HydraNord Power will convert ammonia into high-purity hydrogen directly onboard vessels. The system will produce up to […]