Eastman Chemical Company has sold its Texas City Operations to Ineos Acetyls for 490 million dollars but will retain ownership of its plasticizer business at the site. Eastman will also continue to manufacture acetyls at its Tennessee Operations in Kingsport.

KBR’s K-Green technology has been selected for Lotte Chemical's H2biscus Green Ammonia Project in Sarawak, Malaysia. The project is expected to produce 800 KTA of green ammonia from hydropower.

Kemira has plans to expand the capacity of its ferric sulfate water treatment chemicals production line in Goole, UK. The mega investment is expected to meet the growing demand for coagulants.

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.

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.

The Renewable Carbon Initiative (RCI) published its latest report ‘Case Studies Based on Peer-reviewed Life Cycle Assessments – Carbon Footprints of Different Renewable Carbon-based Chemicals and Materials’. The report revealed that renewable carbon-based materials exhibited significant lower CO2 footprint than its fossil counterparts.

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.

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.