Under a MOU signed between LG Chem and Yonsei University, both the parties will work together to develop next-generation technologies for battery materials. An industry-academia cooperation center will also be established for this purpose.

Keeping products in the economic cycle for as long as possible, closing material cycles, avoiding waste (including CO2) — awareness is now wide spread that the Circular Economy is more than “just” recycling. However, the extent of the transformation is only gradually becoming apparent. At Dechema’a Tutzing Symposium, the consensus was: if you really want to implement the Circular Economy, you have think big.

Under the terms of a joint venture agreement signed between Ineos and Sinopec, Ineos will acquire a 50 % share in Sinopec’s existing Tianjin Nangang Ethylene Project which is currently under development. The new petrochemicals complex will include a 1.2 mtpa cracker, and 12 other derivative plants, including a 300ktpa ABS plant and a 500ktpa HDPE plant.

Brasil Biofuels has awarded Haldor Topsoe with a technology contract for its new biorefinery in Manaus, Brazil. Under the terms of the agreement, Topsoe will provide its Hydroflex and H2bridge technologies for the production of sustainable aviation fuel and second-generation biofuel at the biorefinery.

Mitsui Chemicals and Microwave Chemical will be establishing a new demonstration facility at Mitsui Chemicals’ Nagoya Works in Japan. The unit will demonstrate the innovative microwave-based technology for carbon fiber production.

Sulzer has modernized its Kotka pump factory in Finland by inaugurating a highly automated and digitized pump production line which will help to reduce the production throughput time by 93 %. The firm has also launched a new logistics center at the site.

Cemex has plans to launch numerous CCUS projects across its global cement operations in Europe and North America. The move has been undertaken by the firm to decarbonize its operations. The company’s current CCUS projects have the capacity to capture more than 3 million tons of carbon emissions annually.

Pfeiffer Vacuum Components & Solutions is celebrating its 25th anniversary this year. With one of the largest storage facilities in Europe for vacuum components, the company caters to domestic as well as global clients.

Solvay and Iberdrola Renouvelables France have plans to enter into a 20-year corporate power purchase agreement under which Iberdrola will supply 60 % of the produced green electricity to Solvay’s industrial sites in Tavaux and Saint Fons in France.

Under a MOU signed between OMV and Wood, both the parties will work together for the commercial licensing of OMV’s proprietary chemical recycling technology – Reoil technology which has the capability to convert end-of-life plastic waste into pyrolysis oil in order to produce high-quality, sustainable plastics.