The new report published by the Nova Institute highlights that it is crucial to replace fossil-based naphtha with alternative naphtha in refineries and crackers with an aim to defossilize the chemical industry.

Invista has decided to continue hexamethylene diamine production at its Orange site in Texas, USA after announcing to end its adiponitrile and hexamethylene diamine operations at the site last year.

BASF has plans to expand the production capacity of expandable polystyrene granulate (Neopor) at its Ludwigshafen site in Germany. The expandable polystyrene granulate is mainly used as a raw material for the production of energy-efficient insulation materials for building envelopes.

Honeywell has plans to spin off its Advanced Materials business into an independent, U.S. publicly traded company by the end of 2025 or early 2026. The move will enable Honeywell to progress its strategic priorities of accelerating organic growth and optimizing its portfolio.

Covestro is currently focusing on future technologies to accelerate on the way to a full circular economy. The company has also realized that a global digitalization strategy in R&D is a key building block on this way.

The consortium which includes Adnoc, Borealis and Borouge has entered into a Project Collaboration Agreement with Wanhua Chemical to develop a speciality polyolefins complex in the Fujian Province in China. The project is expected to produce 1.6 million tonnes per annum of speciality polyolefins.

Southwest Research Institute’s new Clinical Supply Facility aims to support government and industry clients with integrated pharmaceutical and bioengineering research and development. The facility will have the potential to produce in vitro stem cells, certain types of vaccines and small molecule therapeutics in a clean environment.

Lummus and Braskem will carry out joint studies for the industrial demonstration of Lummus' SRT-etm electric cracking heater. With this move, the companies aim to decarbonize one of Braskem's sites in Brazil.

With an aim to improve the energy efficiency of its 3,100 MTPD urea plant in China, Linggu Chemical has awarded Stamicarbon with a licensing and process design package. The proprietary Advanced MP Flash Design helps to reduce the overall energy consumption of the plant by up to 20 %.

Under a MOU signed between Asahi Kasei and Aquafil, both the parties will make use of Aquafil’s Econyl Polymer chemically recycled PA6 and Asahi Kasei’s cellulose nanofiber to develop the novel material for 3D printing applications.