The European Chemical Industry Council (Cefic) has recently issued a statement on the publication of the European Commissions’ Net-Zero Industry Act. The Council is not satisfied with the Act and is calling for a comprehensive industrial policy.

Siegfried recently held a groundbreaking ceremony to develop a new global drug substance research and development center in Evionnaz, Switzerland. The firm has plans to invest 28 million dollars for the project.

Saudi Aramco and Linde Engineering have plans to develop a new ammonia cracking technology which is expected to create new commercial opportunities for them within the global lower-carbon energy supply chain. A demo plant will also be established in Germany to showcase the technology.

Federated Co-Operatives Ltd (FCL) has entered into a license agreement with Fluor under which the company will use Fluor’s proprietary Economine FG Plus carbon capture technology for its renewable diesel complex in Canada.

Shell has recently reported in its Energy Transition Progress Report 2022 that it has once again met its climate targets and has made progress towards becoming a net-zero emissions energy business by 2050.

LG Chem has plans to increase its battery materials sales sixfold to 25.5 billion dollars by 2030 from 3.9 billion dollars in 2022. The firm also intends to focus on three new growth sectors – battery materials, sustainability business and innovative new drugs.

Neste and Air Canada have expanded their partnership and Neste will now be supplying an additional 7,500 tons of Sustainable Aviation Fuel (SAF) to Air Canada which will be used to power the airline’s flights from the San Francisco International Airport.

Bristol Myers Squibb has plans to strengthen and expand its cell therapy manufacturing network by adding a new U.S. manufacturing facility for producing in-house viral vectors. The move follows a partnership agreement with Novartis.

Under a joint development agreement between LG Chem and Gevo, both the firms will work together to develop a technology that produces 100 % bio-propylene from renewable sources of carbohydrates such as corn.

Siemens will be presenting its ‘Digital Data Chain’ at the upcoming trade show Hannover Messe in Germany. With this solution, plant maintenance personnel will be able to quickly and digitally identify plant components via mobile devices.