Toray has recently inaugurated its advanced semiconductor technologies and materials R&D center in Taiwan. The island country is the world’s biggest semiconductor manufacturer and is an advanced semiconductor technology leader.

Under a new long-term contract between Air Liquide and LG Chem, Air Liquide has plans to invest around 150 million dollars at its Tennessee site in the U.S. with an aim to expand its production capacity and pipeline network. In line with the contract, Air Liquide will supply oxygen to LG Chem for its electric vehicle battery plant.

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.

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.

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.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of December 2024’ from all over the world. Right from Qatar Energy breaking ground on a 1.2-billion-dollar blue ammonia plant to the world's first full-scale carbon capture unit reaching mechanical completion, find out all the projects making headlines here.

Heirloom has raised 150 million dollars in series B funding for rapidly scaling commercial Direct Air Capture. The investors include premier growth investors, global industrial conglomerates, aviation, shipping, automotive, and manufacturing companies.

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.