Guangxi Hongkun Biomass has selected Topsoe’s Hydroflex technology for producing sustainable aviation fuel at its plant in the Qinzhou Port Area Free Trade Pilot Zone of Guangxi, China. The project is expected to process 300,000 tons of feedstock annually.

Ligand Pharmaceuticals has plans to takeover Apeiron Biologics for 100 million dollars in cash. Apeiron Biologics is a firm that holds royalty rights to Qarziba (dinutuximab beta) for the treatment of high-risk neuroblastoma.

Arcelormittal and Mitsubishi Heavy Industries have partnered with climate tech company D-CRBN to trial a new technology which has the capability to convert captured CO2 into carbon monoxide. This can be further used in steel and chemical production.

Trinseo recently inaugurated its polymethyl methacrylate depolymerization facility in Rho, Italy. The depolymerization process helps to close the loop for acrylic recycling and has numerous advantages over traditional processes.

The global consortium, including seven companies from different countries, has successfully established a supply chain for the production of a more sustainable polyester fiber. Renewable, bio-based materials and carbon capture and utilization will be used in the production process.

Methanex has entered into an agreement with Entropy to invest in a Pre-Feed study for carbon capture, utilization and sequestration deployment at Methanex’s methanol facility in Alberta, Canada. The project is expected to capture approximately 400 tonnes of CO2 per day.

Worley has been selected by Rock Tech Lithium as its EPCM partner for developing Europe's First Lithium Converter in Guben, Germany. On completion, the project is expected to have a capacity of 24,000 tons of lithium hydroxide per year.

With an aim to meet the increasing demand of marine and protective coatings in China, Akzonobel has upgraded a production line at its Suzhou site in China. The updated production line is part of a 14-million-euro investment which focusses on doubling the plant’s capacity for marine and protective coatings by 2025.

An artificial intelligence autonomous well-control solution called Robowell has been deployed at the Nasr field offshore Abu Dhabi in the UAE. This technology uses AI algorithms to autonomously operate wells, maximize efficiency and minimize emissions.

As we move towards a climate-neutral future, great hopes are being pinned on hydrogen as a key element of the energy transition. The energy-rich molecule can be used for storage and can act as an ideal versatile chemical energy carrier. But how might the hydrogen economy of the future look like? What volumes are required and what infrastructure is suitable? This trend report provides answers to these questions.