Everyone has heard about the ‘Metaverse’ concept but what exactly is the technology all about? Many would state that the Metaverse technology is the next level of digital transformation and this may well be true. Industry players are now not only keen to know more about the Metaverse technology but are also willing to explore the smart technology into their industrial plants and processes in the future. The supporting technologies and immersive environment of the technology offers numerous benefits for industrial plants. Read on to know more…

A demonstration plant with a capacity of 28 tons of ammonia per day will first be built at Uniper’s Gelsenkirchen-Scholven site in Germany. This project will serve as the basis for the planned hydrogen import terminal in Wilhelmshaven, northwestern Germany, where the technology will be applied on a large industrial scale.

Covestro has partnered with logistics expert DB Cargo BTT for a more efficient and sustainable transport of chemicals to and within Poland. With this initiative, the company aims to save at least 70 % of CO2 emissions compared to conventional road transport methods.

Adnoc’s XRG has secured a 91 % stake in Covestro at the end of the additional acceptance period. With this deal, XRG aims to work towards its goal of becoming a top five global chemicals player.

Under an exclusive partnership framework agreement, OQ and Royal Vopak will aim to unlock future growth opportunities in industrial and energy terminal infrastructure and sustainable energy transition facilities in the Special Economic Zone at Duqm.

Neste has introduced a co-processed renewable feedstock with an aim to expand its offering for the polymers and chemicals industry. The feedstock boasts of a reduced carbon footprint as compared to conventional fossil feedstocks used in the chemicals industry.

Australia could meet a significant portion of Europe's hydrogen demand in the future — provided that the supply chain via the port of Rotterdam works. An international study involving Fraunhofer ISE is now investigating the technical and economic conditions for large-scale supply of green ammonia from Western Australia.

Cefic has launched a new report called ‘The Carbon Managers: Modelling Possible Pathways for the EU Chemical Sector’s Transition Towards Climate Neutrality and Circularity with iC2050’ for the EU chemical sector. With this report, the council aims to focus on “how” the transition to a climate-neutral and circular chemical sector can happen.

There is a wealth of knowledge hidden in operational data. However, the utilization often fails due to the fact that the data lies decentralized and unstructured in various data silos. Standardization, contextualization, and a unified data platform are key to becoming a data-driven company. Three very different companies in the process industry demonstrate how they have approached this and what results they have achieved.

Technip Energies has bagged a Feed contract from Jet Zero Australia for Project Ulysses, a bioethanol to sustainable aviation fuel project located in Australia. The project is expected to produce 102 million liters of SAF and 11 million litres of renewable diesel annually by 2028.