The chemical industry is striving to accomplish decarbonization in its overall operations in order to achieve net zero emissions by 2050. For this purpose, the sector is exploring many existing as well as innovative technologies to help it transform like never before.

Stamicarbon has won licensing and equipment supply contracts from Jiangsu Huachang Chemical Company for a urea melt plant in China. The unit is expected to have a capacity of 1860 MTPD and will make use of Stamicarbon’s ultra-low energy design with a highly efficient pool reactor concept.

Electric vehicles are in great demand across the globe as it does not emit any emissions. The significant growth of this sector has encouraged industry players in the supply chain to develop more advanced, sustainable and high-energy density battery solutions in the form of completely new batteries and innovative battery materials for EVs.

With this mega investment, Akzonobel aims to install advanced technologies and increase the total manufacturing capacity at its four powder coatings sites in North America.

Clariant has recently launched Clarity Prime, an advanced digital service for AI-powered optimization of catalyst operation. Indorama has become the firm’s first customer to implement the new Clarity Prime service at its world-scale ammonia plant in Port Harcourt, Nigeria.

Shell has decided to repurpose its Wesseling site at the Energy and Chemicals Park Rheinland in Germany by converting the site’s hydrocracker into a production unit for Group III base oils. These base oils are used for producing high-quality lubricants such as engine and transmission oils.

Under a partnership frame agreement signed between both the parties, Metso has been selected as EV Metals’ Technical Partner for developing a Lithium Chemicals Plant in the Yanbu Industrial City, Saudi Arabia.

MOL Group has updated its long-term strategy and now aims to achieve carbon neutrality by 2050 via a smart transition. The updated strategy focuses on renewable fuels, green hydrogen, biomethane and geothermal energy and the firm will spend more than 4 billion dollars on green investments.

Under the terms of the contract, Vattenfall has begun supplying Borealis’ operations in Stenungsund with a total of 175 GWh of renewable energy per year from its hydropower plants in Sweden.

Eastman has plans to develop its second molecular recycling project in the U.S.A. The Longview site in Texas has been selected by the company for developing the project.