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.

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.

Purecycle and the Port of Antwerp-Bruges have selected the Nextgen District in Belgium to develop the plant. With an annual capacity of 59,000 metric tons, the plant is expected to begin construction on completion of the permitting process.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of December 2022’ from all over the world. Right from developing Europe’s largest green hydrogen hub to Sulzer offering technologies for the world’s first commercial scale e-methanol plant, find out all the projects making headlines here.

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.

Wood has secured a Feed contract by Gen2 Energy to develop a new 100 MW green hydrogen production facility in Mosjøen, Norway. The plant is expected to produce around 45 tonnes of green hydrogen daily.

Pharmapack Europe is all set to introduce two new zones – Packaging Services and Bio packaging at next year’s event. The additions have been made in the background of growing demand for biological packaging and contract packaging in the market.

Cepsa will be investing a hefty amount of 3-billion-euros to establish the largest green hydrogen hub in Europe. In addition to this, the firm will invest another 2-billion-euros to develop a 3 GW portfolio of wind and solar energy projects in order to generate renewable electricity for the project.

Under a MOU signed between BP and the Government of Egypt, BP will conduct numerous studies to analyze the feasibility of developing a large-scale green hydrogen production facility in Egypt.