Evonik invested millions of Euros in this mega project which was completed on time and within budget. With the new unit, the company plans to increase production and focus on developing innovative specialty chemical products for the silicone and nanotechnologies markets.

PPG’s acquisition of Industria Chimica Reggiana (ICR) is expected to strengthen its current product line for the automotive refinish and light industrial coatings industries. ICR has a presence in 70 plus countries across the globe.

One of the key highlights of the report states that the production of natural gas from OECD countries increased by 5.2 % as compared to October 2019. Also, the gross consumption of natural gas increased by 0.5 % in October 2019 on a year-on year basis.

Chiyoda Corporation has signed a MOU with Hazer Group and under the terms of the agreement, the Hazer Process will be adopted to develop low emission hydrogen production facilities in Japan.

Two workers died after suffering burns during a fire at Chelanese’s plant on Jurong Island on February 7. Singapore’s authorities and the chemical company are now investigating the cause of the incident.

Invista Performance Technologies’ P8 Process Technology has been selected for Sasa’s PTA project in Turkey. Both the companies have signed a Letter of Intent which aims to establish long-term relations between Invista and Sasa.

Saudi Aramco Energy Ventures has invested in US-based Seeq Corporation which specialises in IIOT advanced analytics software. The software is capable of boosting production in process manufacturing industries such as oil and gas, pharma, chemicals, and so on.

Sabic has announced the construction of the semi-commercial plant in the firm’s Geleen campus in The Netherlands. The facility is expected to be operational by 2021 and will begin by offering materials to the company’s downstream collaborators.

Sandoz announced the successful acquisition of Aspen’s Japanese operations and assets. The transaction is to reinforce the company's strategic focus on Japan, the world’s third largest market for generics and off-patent medicines.

Merck has launched its latest innovation in pharmaceutical bioburden and water testing with its new Milliflex Oasis System.