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Call for urgent action to save chemical industry in Grangemouth
17 Jan 2025 15:47 GMT
… well as much-needed local jobs. While much of the focus … to be on the wider chemical industry. She said: "The closure … economy but also the local jobs," she said. There are …
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Plug Power gains loan guarantee from DOE
17 Jan 2025 16:07 GMT
Plug Power Inc., a global provider of comprehensive hydrogen solutions for the green hydrogen economy, closed a US$1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programmes Office (LPO).
“Finalising this loan guarantee with the …
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St. Louis region’s chemical industry welcomes new investment
13 Jan 2025 16:52 GMT
The St. Louis region ranks among the top 25 metro areas in the United States for chemical exports, and recent investment in the sector could drive that ranking higher. The bi-state area has more than three times more soap and cleaning compound …
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Ratcliffe: Chemical industry coming to an end in the UK
13 Jan 2025 12:58 GMT
Ineos chair Sir Jim Ratcliffe has bemoaned high energy prices and carbon taxes as the reason behind the closure of its last remaining synthetic ethanol plant - with the loss of several hundred jobs at Grangemouth. The UK has seen the closure of 10 large …
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Braskem Invests R$614 Million to Boost Brazilian Petrochemical Output
17 Jan 2025 17:59 GMT
… to create over 2,200 jobs during the implementation phase.
It … ’s Special Regime for the Chemical Industry (Reiq), which offers tax incentives … protecting and nurturing Brazil’s chemical industry.
Braskem Invests R$614 Million …
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EET Hydrogen and ENKA Partner for UK’s Largest Low-Carbon Hydrogen Plant
16 Jan 2025 08:09 GMT
Essar Energy Transition (EET) Hydrogen has officially entered into an Engineering, Procurement, and Construction (EPC) contract with ENKA for its flagship low carbon hydrogen production plant, HPP1, located at the Stanlow Manufacturing Complex in Ellesmere …
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CIP launches Northern Germany green hydrogen project
15 Jan 2025 14:16 GMT
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG (Friesen Elektra) have initiated project Anker, a green hydrogen production facility in Sande, Germany.
The project is scheduled to …
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INEOS Shuts Down UK’s Last Synthetic Ethanol Plant
15 Jan 2025 10:15 GMT
The UK, once a global leader in the chemical sector, has faced a dramatic decline over the past five years.
Ten large chemical complexes have shut down, leaving a highly skilled workforce with fewer opportunities.
Unlike the USA, which has seen new …
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Unemployment unchanged at 3.7 percent in December
16 Jan 2025 15:27 GMT
… 19.9 percent) and the chemical industry (+18.9 percent).
Fewer people … looking
for work
Quit their jobs,
leave the
labour market
… work
Become
unemployed
Find
a job
Labour market flows
Unemployment … an unemployed person finds a job. The second change occurs …
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German politicians ‘afraid’ to come clean on economic decline
16 Jan 2025 14:23 GMT
… depend on German industry for jobs and investment.
Though the economy … automotive industry, machinery, and the chemical industry.
But most of these industries …