The search engine and market intelligence platform chembid starts the year with a new strategic partner. Evonik Venture Capital has joined as a new shareholder. The investment is intended to support the development of an independent marketing platform for the chemical industry.

The companies aim to develop a private cellular network solution for 5G use cases which will improve efficiencies at Phillips 66’s Louisiana refinery in the USA. The proof of concept of the private network will assist the energy company in its future digital opportunities.

Atos and Siemens are working together with the pharmaceutical industry to improve production with an innovative solution based on a digital replica of the pharma production process. Currently being tested in the pharmaceutical industry, this “Process Digital Twin” for pharma manufacturing – powered by IoT, AI and Advanced Analytics – is designed to provide improved efficiency and flexibility in the manufacturing of pharmaceutical products.

United Electric Controls has recently announced that its Vanguard Wireless Hart Gas Detector is now Hart Registered. This registration ensures that all Wireless Hart users will be able to add Vanguard device drivers the next time they update their device descriptor (DD) libraries. It also assures users that they can add Vanguard systems to existing Wireless Hart networks, seamlessly and securely.

Under the terms of the agreement, Air Liquide will design, build, own, and operate a new Air Separation Unit (ASU) to increase steel production at NLMK’s Lipetsk site in Russia. The new unit is expected to produce 1,000 tonnes of oxygen per day.

BP has secured a 49 % stake in the joint venture for 1 billion dollars while Reliance Industries will hold the remaining 51 % stake. The new joint venture ‘Jio-BP’ aims to become one of the leading players in India's fuels and mobility market.

Say goodbye to the Lump-Sum-Turnkey-Project: Engineering of the future has to be networked, cooperative and transparent — The necessity to re-think the way EPC companies do business in the digital age is one of the key findings of a recent benchmark study. This requires a completely new work from technology-loving plant engineers. The hunt for new ideas and competent minds is in full swing...

Siemens is further supplementing its process industry digitalization portfolio. Eckard Eberle, CEO Process Automation at Siemens Digital Industries, explains why openness and cross-sectoral standards continue to be essential to this and yet a one-stop-shop brings benefits.

The chemical industry in Europe intends to gain support for an EU Recovery Plan which is in line with the European Green Deal objectives in order to boost Europe’s economy in the background of Covid-19.

Air Liquide has entered into an agreement with Steel Dynamics. Under the terms of the contract, Air Liquide will build a new Air Separation Unit in Texas and supply industrial gases to Steel Dynamics.