The new naphtha cavern has recently been commissioned in Porvoo, Finland. With this project, Borealis will now be able to source and store naphtha from the global market in a cost-efficient manner. The cavern is also expected to store renewable naphtha which proves useful for the production of renewable polyolefins.

Evonik will be conducting the free weekly webinar series every Tuesday from October 6 – December 8, 2020. Each session will focus on key formulation, process and production challenges for complex oral and parenteral drug products.

With the hefty investment, Lonza aims to expand its overall capsule production capacity within Capsules and Health Ingredients (CHI) division’s Capsugel portfolio by 30 billion capsules every year. The investment is expected to increase CHI's current capsule production capacity by 15 %.

The acquisition has led to the establishment of the MBCC Group and Dr. Jochen Fabritius has been appointed as the Chief Executive Officer of the new standalone company. The Group will be focusing on delivering innovative and sustainable solutions for the construction industry.

Neste has plans to restructure its refinery operations in Porvoo and Naantali, Finland due to the declining demand for fossil oil products and growing demand for renewable energy solutions in the near future.

The mega low-emission facility will be constructed at Repsol’s Cartagena refinery in Spain and is expected to supply 250,000 tonnes of advanced biofuels annually to aircrafts, trucks, and cars. The project is in line with the firm’s ambitions of achieving net zero emissions by 2050.

Under a Letter of Intent (LOI) signed between Chandra Asri and Vopak, both the companies will set up a joint venture company for collaborating in the industrial infrastructure business in Cilegon, Indonesia.

The American Chemistry Council (ACC) has reported that its Chemical Activity Barometer rose 1.6 % in September on a three-month moving average basis following a 2.7 % gain in August.

Under the terms of the seven year-long agreement, LSB Industries will supply between 70,000 to 100,000 tonnes of nitric acid per year to an important customer, whose name has not been revealed.

With 188 facilities, the US has the highest number of contract manufacturing organisations (CMO) facilities and thus, the country could be more impacted by the slow revenue growth than other countries, states Global Data.