Technip FMC has won two subsea contracts from Petrobras for flexible pipe for use in multiple basins. The first award is a substantial contract to design, engineer, and manufacture flexible gas injection risers while the second is a significant contract to design, engineer, and manufacture flexible risers and flowlines for deployment on assets in the Campos Basin.

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.

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.

Taiwan Mitsui Chemicals and NPC have plans to put in efforts to develop the market for biomass-based plastic products. Under this initiative, NPC will procure biomass-based acetone produced by Mitsui Chemicals and use it to manufacture biomass-derived bisphenol A in Taiwan.

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.

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.

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.

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.

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.

Under a strategic research collaboration between Astrazeneca and CSPC Pharmaceuticals, both the companies will join hands to advance the discovery and development of novel oral candidates.