Locus FS has increased its biomanufacturing capacities by 100,000 sq. ft in the USA and this includes the development of two new biomanufacturing facilities in Solon, Ohio. The move is expected to significantly increase the firm’s biological production capacity.

Fuelcell Energy and Exxonmobil have extended their joint development agreement and will now continue to advance the carbonate fuel cell technology which can be used for carbon capture.

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.

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.

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.

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.

The new production plant i.e. the Hydrogen Valley Rosignano project will be developed in Rosignano, Italy and intends to decarbonize Solvay’s activities in the region. The plant will have a capacity of 756 tons of green hydrogen per year and will be used for the production of peroxides on site.

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.

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.

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.