Under a MOU signed between PureCycle Technologies and Mitsui, both the companies will jointly develop and operate a recycling facility in Japan to convert polypropylene waste into Ultra-Pure Recycled Polypropylene. The move is expected to support the establishment of a circular economy in the Asian country.

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Speciality chemical company Evonik and Lyondell Basell signed an agreement to purchase high-pressure steam generated from natural gas. The agreement allows Lyondell Basell to phase out coal from its power plant in Wesseling, Germany, by December 2023.

BASF is all set to launch its digital solution ‘OASE digilab’ this year. The solution is aimed at further improving the efficiency of the gas treatment process by analyzing the composition of the gas treating agents in real time.

Technip Energies and Siemens Energy announced an exclusive agreement to jointly develop, commercialize, and license the Rotating Olefins Cracker technology to decarbonize olefin production processes. The ROC technology employs a dynamic reactor system that replaces conventional furnaces used for pyrolysis when manufacturing light olefins — the building blocks for chemical products used in everyday materials, from packaging to polymers.

Decarbonizing basic chemicals — 4.6 million dollars in funding from the Dutch government will allow Dow, Shell and two new partners to push forward on their previous plans to develop steam crackers heated by electricity, for CO2-free production of ethylene.

Carbon Recycling International and Johnson Matthey (JM) have signed a long-term exclusive catalyst supply agreement under which JM will supply its Katalco (TM) methanol catalysts to CRI’s Emissions-To-Liquids (ETL)-based methanol plants in order to produce sustainable methanol from CO2.

KPX Chemical and Huntsman’s new joint venture – KHPUA will develop and supply advanced polyurethane system solutions to Korean automakers in order to meet their superior acoustics and light-weighting requirements. KPX Chemical will make use of its polyol technology and combine it with Huntsman's expertise to develop high performance, MDI-based automotive solutions.

With the completion of the demonstration of the world’s highest-current water electrolyzer, Hydrogen Optimized has advanced its large-scale green hydrogen technology – the Ruggedcell unipolar electrolyzer. The 22-million-dollar Ruggedcell high-current electrolyzer development program was launched by Hydrogen Optimized with an aim to develop the world’s largest green hydrogen production systems.

Renew ELP has plans to develop a new plastics recycling plant based on the ground-breaking advanced recycling process – HydroPRS (Hydrothermal Plastic Recycling System) in Teesside, UK. For this, the company has selected Emerson’s advanced automation technology and software to ensure safe and efficient operation of the unique plastics recycling process.