The chemical sector has a long-lasting and increasing demand for carbon that is embedded in its products. Today, 450 million tonnes of carbon are contained in chemicals and polymers, mostly sourced from fossil resources. The free report “Turning off the Tap for Fossil Carbon”, shows how the demand is met today and could be covered by renewable carbon in the year 2050.

Under a strategic collaboration agreement between Shell and Baker Hughes, both the companies will work together to accelerate the global energy transition by assisting each other to achieve their individual net-zero carbon emissions commitments and advancing solutions to decarbonize energy and industrial sectors.

Yokogawa Electric has taken over the German-based company Insilico Biotechnology with an aim to develop total bioprocess solutions that support biopharmaceutical development and production. Insilico’s innovative digital twin technology is expected to speed up the digital transformation in the bioprocessing industry.

Marking a significant progress in deep shale gas exploration at depths of more than 4,000 meters, Sinopec’s ultradeep prospecting well has been tested to produce 412,000 cubic meters of high-quality shale gas daily at a depth of 4,300 meters. The move is expected to increase Sinopec's shale gas production capacity in southeast Sichuan by more than 2 trillion cubic meters.

Chemicals group BASF announced the commercial launch of a next-generation Carbon Monoxide (CO) promoter additive. Enable enhances activity and delivers superior performance for refiners with more efficient use of precious metal, the company announced.

Marco Mensink, Cefic Director General shares his views on the EU Industrial Strategy. He states that the updated strategy is more in line with the goals of the Green Deal and that fast-tracking chemical innovation will be instrumental for achieving the European Green Deal goals.

With the MVP 030-3 C DC, Pfeiffer Vacuum has now introduced a new corrosive gas version of the diaphragm pump. This version features a gas ballast valve and excellent chemical and condensate compatibility. The special choice of materials ensures significantly increased robustness in a wide range of processes.

The Idcyclib project (Innovation platform of a green, detectable and directly recyclable lithium-ion battery) is the joint project of 12 partners from industry and research who have partnered together to make a sustainable and industry-ready concept for battery cell production, recycling and reprocessing transferable.

With an aim to reduce greenhouse gas emissions from its facilities and prepare for a lower-carbon future, ExxonMobil will be investing the hefty amount over the next six years in its sustainable and green initiatives. The company will also work towards developing technologies which can be used in carbon capture and storage, hydrogen and biofuels production.

Mitsubishi Gas Chemical Company announced the expansion of its Meta-xylenediamine (MXDA) production in Europe. In a first step, the company will build a 25,000 MTA plant in Rotterdam.