BP and Zhejiang Petroleum and Chemical Corporation (ZPCC) have signed a MOU to explore the establishment of the plant. If everything goes to plan, the new unit is expected to use BP’s Cativa XL technology to produce acetic acid and it would also be BP’s largest acetic acid producing site across the globe.

Exxon Mobil and Fuel Cell Energy have entered into a two-year expanded joint-development agreement to further develop the carbonate fuel cell technology for industrial use. The 60 million dollar deal aims to optimise the core technology for large-scale carbon capture.

Under the deal, Kemira will combine its expertise in water treatment with ABB’s integrated automation solutions to enable customers to digitalise their water treatment processes and also improve the efficiency of their operations.

Gazprom intends to adopt specialised technologies from BASF in order to improve eco-efficiency and optimise the performance of its Astrakhan gas processing plant in Russia. Gazprom and BASF also have plans to develop a solution for separation of sulfur from natural gas.

The green-field plant is expected to produce Penta including the renewable grades of Voxtar. Construction of the plant already began in October and commercial production is expected to begin in Q1 2022.

The Tapflo Group has recently announced a new product series for feeding of filter presses. The piston-diaphragm pumps are designed for heavy duty applications and are used in almost every automotive production plant in Europe.

Ineos Styrolution and Sirap will focus on the use of polystyrene that is recycled through the depolymerisation process. With this, the joint project aims to establish a circular economy wherein post-consumer waste and environmental footprint is reduced.

Fluor has been awarded a three year engineering service agreement for Karachaganak Petroleum Operating’s projects situated at the Karachaganak Field in Kazakhstan. The scope of work comprises feasibility studies, front-end engineering design and other engineering services.

BASF reduces Board of Executive Directors from seven to six members BASF has announced that its Board of Executive Directors will be reduced from seven to six members as of January 1, 2020. Board member Sanjeev Gandhi will leave the company at his own request.

Total’s Synova aims to produce 40,000 tonnes of recycled polypropylene per year by 2021 to meet the growing demands for high-performance recycled materials from the automobile sector. The move is in line with the company’s ambition of becoming a responsible energy major.