Novo Nordisk has plans to acquire Inversago Pharma, a developer of CB1 receptor-based therapies for the potential treatment of obesity, diabetes and complications associated with metabolic disorders. The 1.075-billion-dollar acquisition includes Inversago Pharma’s lead development asset INV-202, an oral CB1 inverse agonist.

Neste has plans to begin the basic engineering phase for its 120 MW electrolyzer project which will produce green hydrogen at its Porvoo refinery in Finland. The company is also undertaking a preliminary study with Porvoon Energia for the utilization of renewable heat in district heating.

Under the terms of the collaboration, Sabic and Plastic Energy’s advanced recycling unit will receive pre-sorted and treated plastic waste from Siemer’s sorting plant in Germany. The unit will convert the plastic waste into pyrolysis oil which will then be treated and used as alternative feedstock by Sabic to produce certified circular polymers.

Technip Energies has partnered with John Cockerill to form a new company called Rely. The newly established firm will be 60 % owned by Technip Energies and 40 % owned by John Cockerill and will deliver integrated green hydrogen solutions.

Under the terms of the partnership, Origin’s technology platform and Proman’s expertise will be used to explore production and global distribution of low-carbon biofuels. Origin’s technology platform has the capability to turn the carbon found in sustainable wood residues into useful products.

Under a long-term agreement, Linde will develop a nine-megawatt alkaline electrolyzer plant on Jurong Island, Singapore in order to produce and supply green hydrogen to Evonik in Singapore. The plant is expected to be the largest electrolyzer ever installed in the country.

European Energy has plans to develop the world’s largest CO2-to-green methanol plant in Denmark. For this landmark project, European Energy has chosen Clariant’s Megamax catalyst through which it will produce 32,000 tons of e-methanol annually.

Avina Clean Hydrogen has chosen KBR’s K-Green technology for its U.S.-based green ammonia project. Once complete, the project is expected to produce 2,200 metric tons of green ammonia daily.

Under a three-year supply agreement, Johnson Matthey will supply membrane electrode assemblies and key performance-defining components for electrolyzers to Hystar for ramping up its green hydrogen production.

Evonik has plans to invest in a pilot electrolyzer at its Herne site in Germany. The project aims to produce green hydrogen as a starting product for isophorone diamine. This new electrolysis technology will also be researched by Siemens for industrial usage.