With an aim to further strengthen its presence in the construction chemicals market in Saudi Arabia, Saint Gobain has plans to takeover Izomaks Industries, a local company known for manufacturing waterproofing products in the country.

Under a MOU signed between both the parties, KBR and ISU Chemical will work together to develop a commercial ammonia cracking project in the Republic of Korea. The project will make use of KBR’s H2Act ammonia cracking technology.

The Saudi Arabian Mining Company has entered into a frame agreement with Metso and Thyssenkrupp Uhde to develop a unique phosphogypsum recycling and CO2 capture solution for its calcination plant at Ras Al Khair in Saudi Arabia.

Lummus Technology and Citroniq Chemicals have entered into licensing and engineering agreements for the development of green polypropylene plants in the U.S. The first unit is expected to produce 400kta of bio-polypropylene.

Tecnimont has been given the go ahead to begin engineering works for Kima’s fertilizer project in Egypt. Full EPC activities are expected to begin by the end of June. The overall value of the EPC contract is 300 million dollars.

Under a black mass purchase agreement signed between both the parties, BASF and Stena Recycling will work together to develop improved black mass production processes in order to achieve high recovery rates for metals to support closed loop solutions for the European electric vehicle battery market.

Borealis has appointed Craig Arnold as the company’s new Executive Vice President Polyolefins, Circular Economy Solutions and Innovation & Technology. He will assume his responsibility from February 1, 2024.

At the recently held global climate event COP 28 in Dubai, UAE, Sinopec highlighted the progress made by the company on carbon, capture, utilization and storage.

The ‘E-cracking’ or ‘electric’ cracking technology has the potential to reduce CO2 emissions by at least 90 % as compared to other traditional crackers. By utilizing electricity from renewable sources, the technology has the capacity to decarbonize one of the most energy-intensive processes in the chemical industry. PROCESS Worldwide tracks down the progress made in this space.

Versalis has started the construction of its demo plant in Mantua, Italy to develop Hoop, its proprietary technology for chemical recycling of mixed plastic waste. The technology is expected to complement mechanical recycling by transforming mixed plastic waste into raw materials to produce new virgin polymers.