Digital transformation is on the rise and industries are actively utilizing next-gen technologies such as artificial intelligence to become more productive and also develop more eco-friendly processes. The smart technology is also being explored by chemical engineers to develop more efficient processes, reduce downtime as well as discover new materials and elements.

Kuraray has awarded a 40-million-dollar engineering design contract to Wood for developing a new sustainable packaging production plant in Singapore. Wood will also deliver engineering, procurement and construction management services for the new project.

Aramco has entered into a definitive agreement to acquire a 50 % stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company. With this move, Aramco aims to contribute to the development of a lower-carbon hydrogen network in Saudi Arabia's Eastern Province.

Siam Cement Group - Cement and Green Solution Business, one of the largest cement manufacturers in Thailand have awarded JGC Corporation with a pre-feasibility study for a CCU facility in Thailand.

SK Geo Centric has developed a new lactic acid production technology which is sustainable in nature as well as minimizes costs and chemical byproducts. Lactic acid is an essential raw material for bio-based plastic PLA.

With an aim to meet the growing demand for polyamides in China, Domo Chemicals has inaugurated a new polyamide production plant in Jiaxing. The company has invested 14 million euros for the project which is expected to double its current capacity of polyamides.

Encina and BASF have entered into a long-term supply agreement for chemically recycled circular benzene derived from post-consumer end-of-life plastics. BASF will use the chemically recycled benzene for its broad Ccycled product portfolio.

ABB has introduced the enhanced Ninva TSP341-N which is the first SIL2-certified non-invasive temperature sensor. The temperature sensor can eliminate the cost and inconvenience of installing and maintaining thermowells without compromising on performance.

Under a MOU signed between both the parties, Boson Energy and Siemens aim to accelerate the green energy transition by converting non-recyclable waste into hydrogen for various applications.

Under the European IPCEI Hy2Infra wave, BP has secured funding for its 100 MW green hydrogen project located next to its Lingen Refinery in Germany. On completion, the project has the potential to supply green hydrogen to its refinery as well as industrial customers in the region.