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.

A pilot plant for cost-efficient production of green methanol was recently inaugurated at the chemical park in Leuna, Germany by the Minister for Transport Dr. Volker Wissing. The plant is part of the ‘Leuna100’ project and aims to offer climate-friendly fuels to container shipping and aviation industries.

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.

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.

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.

Dr. Markus Kamieth has been appointed as the new chairman of BASF’s Board of Directors. He will succeed Dr. Martin Brudermüller, who has held the post since 2018.

With the planned acquisition of Arc Building Products, Arkema wants to strengthen its position in Ireland’s growing construction adhesives market with a broader range of solutions and a local manufacturing footprint.

Neste has begun the gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub. The full transformation of the refinery is expected to be completed in 2030.