With an aim to strengthen Sumitomo Chemical’s system for meeting new market needs and further expanding its LCP business, the company has acquired the LCP Neat Resin Business Asset from Syensqo.

With a new major biomass project at the Torrelavega site in Spain, Solvay aims to nearly halve CO2 emissions at the site by 2027. The project is in line with the firm’s goal of slashing the site’s carbon footprint for its customers in Spain.

Industry players have come up with innovative new technologies such as chemical recycling to ensure that even hard-to-recycle plastics can be recycled by converting it into raw materials in order to create new virgin plastic products. Not only this, entire value chains can now be sustainably transformed by utilizing not only recycled feedstocks but also renewable feedstocks for the production of plastics.

Idemitsu Kosan has plans to develop a large-scale production facility for solid electrolytes which is a material used in the production of all-solid-state lithium-ion rechargeable batteries.

Under a long-term contract with Wanhua Chemical Group, Air Liquide will invest close to 60 million euros to take over and operate the Group’s Air Separation Unit in Yantai, China. With this move, Air Liquide will start supplying industrial and medical gases in the city of Yantai and also reinforce its presence in the region of Shandong.

Adnoc and Osaka Gas have entered into a 15 year long sales and purchase agreement for the supply of up to 0.8 million tonnes per annum of liquefied natural gas from Adnoc’s lower-carbon Ruwais LNG project.

Gevo and Axens have plans to accelerate the development and commercialization of sustainable aviation fuel using the ethanol-to-jet pathway. Both the companies also intend to combine their technical resources to accelerate the commercialization of Gevo’s patented, next-generation ethanol-to-olefins technology.

Chuangui New Energy company will make use of Topsoe’s licensing and engineering design services and technologies, including its Hydroflex technology, proprietary equipment and catalysts to produce SAF as well as renewable diesel in China.

Evonik has merged its Silica and Silanes business lines to establish Smart Effects, a new entity. With this merger, the expertise of both the business lines will be used to deliver innovative solutions.

The Pepperl+Fuchs Group has introduced Tab-Ex 05, a new tablet which offers 5G support. Designed for use in hazardous areas, the tablet is capable of meeting the high demands of digitalized process chains in IOT and Industry 4.0 scenarios.