Mitsui and Olin Corporation have set up the ‘Blue Water Alliance’ joint venture which will grant access to greater security of supply, enhanced logistics reliability, increased access to global product liquidity, and network optimization to support decarbonization.

Under a joint study agreement, Pertamina, Keppel Infrastructure, and Chevron will explore the development of green hydrogen and ammonia projects in Indonesia. This includes exploring the feasibility of developing a green hydrogen facility which will produce 40,000 tonnes annually and be powered by geothermal energy.

Under a MOU signed between BP and the Government of Mauritania, both the parties will explore the potential for large-scale production of green hydrogen in the country. BP will conduct numerous studies to assess the technical and commercial feasibility of producing green hydrogen in Mauritania.

Italian chemical company Sabo acquired Evonik’s two TAA production sites in Marl, Germany and Liaoyang, China, as of January 1, 2023. Around 250 employees have been transfered to new owner.

Filling infusion bags with biopharmaceuticals and therapies using gene and cell-based active ingredients is demanding, which makes it a case for specialists. Harro Höfliger presents a new concept for aseptic filling of infusion bags which offers pharmaceutical customers a comprehensive carefree package.

With the acquisition of a majority stake of 50.01 % in Renasci, Borealis will obtain access to chemically recycled feedstock as well as the Smart Chain Processing concept which will help the firm to achieve its circular goals.

The South Korean company LG Chem has signed a MOU with Netspa under which it will be responsible for sorting and processing plastics from marine wastes. LG Chem will then use it to produce recycled plastics.

The Carbon Trust along with some of the leading offshore wind developers have come together to develop the first industry-backed method to measure and address the carbon emissions associated with offshore wind farms throughout their life cycle.

Neom has already attracted eyeballs from across the globe for its landmark projects including the development of a green hydrogen based green ammonia production plant. The 5-billion-dollar project is claimed to establish the world’s largest green hydrogen plant in order to produce 650 tons of hydrogen everyday which will be synthesized to produce 1.2 million tons of green ammonia annually.

Google Cloud’s Tensor Processing Units will be used by Bayer to speed up its in-silico research and development. The move will help the company to accelerate and scale its quantum chemistry calculations.