The new methyl glycols plant will have an annual capacity of 46,000 metric tons and aims to meet the rapidly growing demand for brake fluids in the region. Operations at the unit are expected to begin by 2025.

With an aim to explore the capture of CO2 emissions from Wacker’s metallurgical-grade silicon production at its Holla plant in Norway, Aker Carbon Capture will conduct a feasibility study and an eight-months test campaign for the project.

The new unit is expected to increase the company’s production capacity by 20 % as compared to the current capacity of 200 million packages per year. The site will also enable the production of one billion additional penicillin tablets and a doubling of the quantity of powder oral suspensions which are mainly used in pediatric medicines.

LG Chem has plans to expand the capacity of its Cheongju plant located in South Korea. With this move, the company intends to add 400,000 reverse osmosis membranes annually to its existing capacity at the site.

The Genentech biologics manufacturing site in the US will be acquired by Lonza from Roche for a whopping 1.2 billion dollars. With this move, Lonza aims to increase its large-scale biologics manufacturing capacity for mammalian therapies.

The alliance is a first of its kind in Europe and will help to accelerate the production of renewable fuels in Spain. With this partnership, Repsol aims to increase its access to the feedstock needed to reach its goal of producing up to 1.7 million tons of renewable fuels by 2027.

Under a joint venture agreement between Denka and Mitsubishi Corporation, Denka will acquire from Mitsubishi a 50 % stake in Frontier Carbon Corporation, a company dedicated to the manufacturing and sales of fullerenes.

Balrampur Chini Mills is establishing India’s first bioplastics plant and the company has selected Sulzer’s polylactic acid production technologies to support the development which aims to produce 75'000 tonnes of compostable, wholly recyclable bioplastic annually.

With this 750,000-tonne facility, Ineos Phenol aims to lower CO2 emissions by half per tonne of product. The unit is developed in Marl, Germany and is claimed to be Europe’s largest cumene facility.

Dow and Procter & Gamble have plans to develop a new recycling technology which mainly focuses on the conversion of hard-to-recycle plastic packaging into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint.