Under the MOU signed between BASF New Business (BNB) and the South Korean based firm G-Philos, BNB will supply Nas batteries to G-Philos till 2022 as well as support the firm in the development of the Power Conversion Systems business for Nas batteries.

The Spanish pharma firm, Faes Farma is making use of its acquired Syrris Asia system to develop novel synthesis pathways for new and existing APIs. The unique system will enable the company to perform reactions that would otherwise be too dangerous to perform in a batch set-up.

Located in Johor, Malaysia, the new plant is expected to have an annual Nitrile Butadiene Latex (NBL) production capacity of 200,000 tonnes. The move is aimed at enhancing the country’s position as the world’s largest exporter of gloves.

BASF has extended its range of high-quality bio-based polyols sold under the Sovermol trademark. The products are used for manufacturing low-emission 2K PU coatings for interior and exterior applications.

Together, the MOL Group and Meraxis intend to develop and produce high-quality recycle-based compounds. Under this deal, Meraxis will supply the MOL Group with high-quality, post-consumer recycled materials which will be combined with the firm’s virgin polyolefin resins.

With an aim to accelerate the growth of Evonik’s catalysts business, the company has taken over the US firm. The move will enable the company to obtain access to Porocel’s catalyst rejuvenation technology.

Under a joint development agreement, Ineos Styrolution and Recycling Technologies will aim to create a deeper circular economy for polystyrene in Europe. Recycling Technologies’ unique chemical recycling solution will be further developed to recycle polystyrene commercially.

Sibur will make use of 34 kt of recycled plastics every year to produce the green PET granules at its Polief site in Blagoveshchensk. The move aims to meet the growing demand of eco-friendly PET packaging and is in line with the company’s 2025 Sustainability Strategy.

Under Dow’s Official Carbon Partnership with the International Olympic Committee (IOC), the company has entered into a contract with Aeon, the largest retailer in Asia to reduce greenhouse gas emissions through food packaging solutions.

Mitsubishi Hitachi Power Systems’ Air Quality Control System (AQCS) complies with the latest European environmental regulations and will be installed in the power generation unit of a chemical plant in Puławy, Poland.