Avantium plans to commercialise its plants-to-plastics technologies and for this purpose the company has already begun operations of its plant-based Meg demonstration plant and intends to undertake an investment decision for the construction of a new FDCA flagship plant in the Netherlands by the end of the year.

The hefty investment aims to develop Ruwais into a dynamic, global hub for downstream activity and further strengthen Adnoc’s role as a key driver for long-term industrial growth in Abu Dhabi and the UAE.

By the end of this year, Nouryon intends to increase its production capacity for monochloroacetic acid (MCA) in Delfzijl, the Netherlands. The company is also investing in technologies to enhance the production.

Under the terms of the agreement, the newly created joint venture firm AW Shipping will transport LPG cargoes and petroleum products, sourced from Adnoc and global suppliers, to Wanhua Group’s manufacturing bases in China and around the world.

Under the terms of the contract, Exxon Mobil will purchase 2.5 million barrels of renewable diesel per year from Global Clean Energy’s refinery in California, USA for five years beginning from 2022.

Messer has become a part of the European Clean Hydrogen Alliance which aims at deploying hydrogen technologies by 2030. The company intends to develop more efficient and green technologies to decarbonise and optimise the usage of renewable hydrogen across numerous industries.

Saudi Aramco aims to enhance its performance and competitiveness by reorganising its downstream business. The move is in line with the company’s vision of becoming the world’s preeminent integrated energy and chemicals company.

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.

Under its new portfolio ‘Bio-Prism’, Praj Industries will be developing technologies to produce bio-based Renewable Chemicals and Materials, thus marking its foray into the global market. The move is in line with the company’s ambition of expanding its business prospects.

The newly developed Cryoflowskid enables 3 step syntheses for the continuous production of chemical intermediates or active pharmaceutical ingredients in kg quantities per hour.