Solvay said on Wednesday that it has signed an agreement with the Russian investment company Siberwood to examine the construction of a new hydrogen peroxide (H2O2) plant in Russia, using Solvay’s innovative ‘myH2O2’ technology. The process is particularly suitable for large customers requiring secure onsite production in remote areas.
Solvay and Siberwood are assessing the possibility of Solvay building a satellite H2O2 production unit, known as myH2O2, on Siberwood’s greenfield project in the Krasnoyarsk, Siberia region, where Siberwood will produce 900,000 m.t./year of pulp. The onsite unit would be fed by the excess hydrogen feedstock from Siberwood’s upstream chemicals plant and supply H2O2 to Siberwood. Siberwood would also provide other utilities and site services to Solvay’s satellite production unit.
Solvay Peroxides operates 17 plants in North and South America, Europe, the Mideast, Asia and Australia. It runs the world’s biggest H2O2 plant at Map Ta Phut, Thailand. With joint venture partner Peróxidos do Brasil, Solvay Peroxides is developing a new small satellite plant concept,’ myH2O2′, especially designed for installation at customer sites in remote locations.
By Natasha Alperowicz
Source: Chemical Week
Neste Corporation’s Board of Directors has appointed Heikki Malinen, M.Sc. (Econ.), MBA (Harvard) as the President and CEO of Neste as of 2 November 2024, at the latest. Malinen joins Neste from Outokumpu Corporation where he has held the position of President and CEO since 2020.
Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a successor. Rossouw will still oversee the publication of Sasol’s reports for the financial year ending June 30, to allow for a structured handover period.
Chemours announced its CFO Jonathan Lock has resigned from all positions within the company, according to an SEC 8-K filing on April 23. The resignation comes in the aftermath of the company announcing that Lock, former CEO Mark Newman, and principal accounting officer Camela Wisel, had been placed on administrative leave.
