Cepsa has plans to develop the world’s first production plant for renewable isopropanol in Huelva, Spain, thus making it the most environmentally friendly facility of its kind across the globe. The new plant will require an investment of 75 million euros and is expected to be operational in 2025.

The new production facility in Morrisville, PA, USA will be installed with the latest equipment which will help in the development, analysis, packaging, and large-scale manufacturing of highly specialized chemistries to support advanced technology markets.

With an aim to remain competitiveness in today’s rapidly changing economic and geopolitical environment especially in Europe, OQ Chemicals has decided to realign its organization and reduce its workforce in Germany.

Gail has partnered with Lanzatech to explore the establishment of a CO2 capture and conversion pilot project in India. With this project, the companies aim to develop everything from fuels, packaging to clothing from biorecycled material instead of virgin fossil fuel.

For the first time in the Mena region, oil which is processed from plastic waste has been converted into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the Satorp refinery in Jubail, Saudi Arabia and then used as a feedstock by Petrokemya to produce certified circular polymers.

With 3 petaflops of computing power, the new supercomputer is the world’s largest supercomputer used in industrial chemical research and has been started up at BASF’s Ludwigshafen site in Germany.

Samson Pfeiffer offers smart valves that can be used for the purpose of hydrogen production. The firm supplies its valves to companies that focus on the development of electrolysis plants.

Borealis has successfully completed the sale of its nitrogen business to Agrofert for 810 million euros. With this move, the Czech-based company will have access to Borealis’ production assets in Europe which will help the firm to strengthen its existing capabilities in the fertilizers and technical nitrogen business in the region.

Under the heads of agreement signed between both the parties, Purecycle Technologies and Mitsui will develop a polypropylene recycling plant in Japan. The project is expected to transform PP waste into an ultra-pure recycled resin and will have an annual capacity of 59,000 metric tons.

India Oil Corporation Ltd has awarded a project management consultancy contract to Mc Dermott for a Maleic Anhydride unit at its Panipat Refinery and Petrochemical Complex near New Delhi, India. It is claimed to be India's first mega-scale MAH plant to manufacture chemical products.