With growing demand for green hydrogen, Bosch has entered into a new area of business i.e. to develop electrolyzer components. The company plans to develop the core component of an electrolyzer – the stack and intends to invest up to 500 million euros in this new business.

Stablising climate change is more important than ever and oil & gas companies are up for the challenge. Innovative processes and efficient technologies capable of decarbonising industrial processes and delivering net-zero emissions are being used by the industry to reduce their carbon footprint.

Holiferm has secured funding from Sasol Chemicals to carry out R&D for sustainable solutions in primary surfactants. Under the terms of the agreement, Sasol Chemicals will also buy majority of the sophorolipids produced at Holiferm’s new manufacturing plant in the UK with an aim to assist in the commercialization of sophorolipids.

With an aim to expand the existing production capacity of its synthetic pharmaceutical CDMO business by 30 %, AGC has plans to invest 100 million dollars to develop a new facility in Spain for its subsidiary AGC Pharma Chemicals Europe. The new facility will focus on highly potent active pharmaceutical ingredients due to its high market demand.

Baker Hughes and Dussur have plans to form a chemicals joint venture which will focus on providing oilfield and industrial chemicals in Saudi Arabia. Baker Hughes will own 51 % of the new joint venture while Dussur will own 49 %.

With the new plant, Sumitomo Chemical plans to strengthen its supply of high-quality active pharmaceutical ingredients (APIs) and intermediates in the background of rising demand for small molecule drugs.

BASF has started up a new methane sulfonic acid (MSA) plant at its Verbund site in Ludwigshafen, Germany in the background of growing demand for MSA across the globe. The investment is expected to increase capacity at the site to a total of 50,000 metric tons annually.

BASF Venture Capital is investing $ 2 million into Alchemist Accelerator’s fund, allocating at least half towards investments in 3D printing, agtech, material informatics, nutrition, and technology game-changers.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of April 2022’ from all over the world. Right from Southeast Asia’s first green e-methanol plant to the world’s largest green hydrogen hub in the USA, find out all the projects making headlines here.

Brexit is sealed ... What’s next for the EU-UK chemical industry? — Europe is the second largest chemicals producer in the world. With the UK now leaving the EU zone, what will this mean for chemical trade between the two sides? PROCESS Worldwide offers an insight into this dynamic market scenario.