With a huge investment of 1-billion-euros in Germany, Siemens has plans to allocate 500-million euros for the expansion and development of its new technology campus in Erlangen, Germany. With this move, the new campus will become a global research and development hub as well as the nucleus of global technology activities for industrial metaverse.

Southern Rock Energy Partners has selected KBR to support the development of its 250,000-bpd green refinery. The unique project will be powered by solar, wind, waste heat and geothermal energy and aims to become a net zero carbon refinery.

Bayer will be developing a new R&D facility at its Monheim site in Germany to strengthen its Crop Protection business. With this, the firm aims to support regenerative agriculture by developing and bringing to market new Crop Protection solutions.

Aramco and Total Energies have awarded EPC contracts for the 11 billion dollar ‘Amiral’ complex at the Satorp refinery in Saudi Arabia. The project is a future world scale petrochemicals facility expansion at the refinery and is expected to house the largest mixed-load steam cracker in the Gulf region with a capacity to produce 1.65 million tons of ethylene and other industrial gases annually.

Under a joint venture agreement between Braskem and SCG Chemicals, both the parties have established a new company called Braskem Siam Company. The new firm aims to produce bio-ethylene from bio-ethanol dehydration and will also commercialize the ‘I'm green’ bio-based Polyethylene, using the Ete Evergreen technology.

BASF has inaugurated a new production facility for high-performance cathode active materials as well as a battery recycling plant for the production of black mass in Schwarzheide, Germany. With this project, the company aims to close the loop for the European battery value chain.

Sabic-Sinopec’s joint venture Sinopec Sabic Tianjin Petrochemical Co. has begun commercial operations of a new polycarbonate plant. With an annual capacity of 260 kT, the unit is expected to meet the growing demands of polycarbonate in the region.

Covestro has appointed Christian Baier as its new Chief Financial Officer. He will succeed Dr. Thomas Toepfer who is leaving the company and take charge of his post from October 1, 2023.

Topsoe will lead the Frontfuel project which intends to produce highly efficient sustainable aviation fuel from carbon dioxide, water and renewable energy. The Energy Technology Development and Demonstration Program has granted a fund of 3.9 million dollars for the project.

Thyssenkrupp Uhde has entered into an agreement with Ark Energy to deliver a feasibility study for the Han-Ho H2 Hub project which aims to produce green ammonia. Thyssenkrupp Uhde’s proprietary Rhamfs methodology will be used for the project.