The German Chemical Industry Association (VCI) has revealed that in the chemical-pharmaceutical industry production fell by 3 % year-on-year and turnover dropped by 6 % in the backdrop of the corona crisis.

Mitsubishi Engineering-Plastics’ new low-odour and low-residue Iupital 05 Polyacetal Series proves beneficial for the automotive, electronics and general industries as it enables to reduce emissions while maintaining excellent chemical, thermal, electrical, and mechanical properties with exceptional wear resistance.

A global survey conducted by Yokogawa has revealed that process industry companies are accelerating investment in industrial autonomy in the background of the current Covid-19 pandemic. Cyber security (51 %), cloud, analytics, and big data (47 %), and artificial intelligence (42 %) are three vital areas in which companies are planning significant investment over the next three years.

Ceresana has recently published the second, completely revised edition of its market study on masterbatches. The top-selling type of masterbatch is currently white masterbatches and the global demand for this type has increased by an average of 2.1 % p.a. over the last eight years, reveals the report.

The front-end engineering and design (Feed) contract has been awarded by California Resources Corporation. Cal Capture, the carbon capture and sequestration project will be developed at a 550-MW plant in California, USA.

Paula A. Price and Derica W. Rice are the two new independent directors elected by Bristol Myers Squibb’s Board of Directors. Both of them will be joining the company w.e.f September 1, 2020.

Jeplan’s chemical recycling technology is capable of producing sustainable plastic resins that are of the same quality as conventional petroleum-based polyester resins. Yokogawa’s partnership with Jeplan is in line with its sustainability goals of making the transition to a circular economy.

The collaboration with Princeton University’s Andlinger Center for Energy and the Environment aims to advance carbon capture technologies with new research in order to optimise CO2 storage projects in the future which will prove beneficial to reduce emissions. Both the firms are also working together to develop carbonate fuel cells.

Royal DSM has plans to reduce approximately 85,000 tonnes of CO2 emissions per year and is also on course to achieve 75 % of its purchased electricity from renewable sources by 2030 by entering into its largest renewable energy Power Purchase Agreements (PPAs) till date.

The collaboration aims to create high performance biopolymers which can be used by plastic manufacturers as an alternative to fossil-based plastics for single-use as well as durable applications. Industries such as packaging, electrical & electronic equipment, hygiene products, consumer goods and automotive are expected to benefit from this biopolymer.