Under a MOU signed between Neste and Bayer, both the firms will work together to develop a winter canola ecosystem in the U.S, including identifying partners and developing the value chain together, and scaling winter canola production as a raw material for renewable products.

Sika aims to strengthen its global presence by launching three new manufacturing investments in China, Brazil, and Morocco. The expansion is part of a broader effort to increase market penetration, and ensure that production capabilities are aligned with customer needs at a regional level.

With an aim to expand its process industry capabilities, Honeywell has successfully completed the acquisition of Sundyne from Warburg Pincus for 2.16 billion dollars.

Sulzer has recently inaugurated a new biopolymer engineering and scale-up center in Winterthur Töss, Switzerland. This new center marks the company’s fourth location in the country.

JSW Group has plans to take over Akzo Nobel India from Akzo Nobel for 1.4 billion euros. The deal also includes Akzo Nobel’s liquid paints and coatings business in India. The India Powder Coatings business and International Research Center will be retained by Akzo Nobel under full ownership.

Under a long-term agreement signed between Yokogawa and Shell, both the companies will work together to further develop technologies for utilizing robots and drones in plant monitoring and maintenance.

Ineos Olefins & Polymers Europe has launched a new advanced recycled plastic production process at its Lavera site in Southern France. Its cracker has received the first deliveries of pyrolysis oil made from recycled plastic waste that will be used to develop virgin-quality polymers.

Aramco has launched the world’s first renewable energy storage system to power gas production activities. The company has deployed an Iron-Vanadium flow battery as a backup solar power source for gas well operations.

Intelligent, innovative and super-efficient technologies which can ease complicated processes such as drug discovery & development as well as optimize production processes are a boon for the pharmaceutical industry. These new technologies can also help to save costs and precious time for the sector.

Newtek Sensor Solutions has developed a range of Linear Variable Differential Transformers for reliable position feedback in downhole environments. The sensors offer accurate monitoring and control of tools used during exploration, drilling, and production operations.