Claimed to be one of the world’s largest industrial heat pumps for CO2-free steam generation, BASF and GIG Karasek have recently broken ground for the project at BASF’s Ludwigshafen site in Germany.

Evonik has successfully completed the expansion of its methionine production facilities in Singapore. With this, the firm has increased its production capacity by 40,000 metric tons, bringing the total to 340,000 metric tons per year.

Nextchem has been awarded licensing, process design package and critical equipment supply contracts for the development of three world-scale complexes in West Africa. The contracts are based on Nextchem’s proprietary hydrogen, ammonia, urea and methanol technologies.

BASF Coatings becomes Surventis: BASF and Carlyle have completed the announced coatings transaction. The enterprise value is 7.7 billion dollars; BASF receives around 6.6 billion dollars and retains a 40 % stake.

Lummus Technology’s Novolen polypropylene technology has been chosen by Vioneo for a new grassroots plant in Antwerp, Belgium. The plant will be a part of the world’s first industrial scale fossil-free plastics production complex based on green methanol.

Air Liquide plans to develop two new production units in Indiana to supply ultra pure gases to SK hynix’s first U.S. semiconductor fab. Through this investment, the company aims to support the growing demand for next generation memory chips which are essential building blocks driving the AI revolution.

Schneider Electric and Torngat Metals have entered into a non-binding MOU to explore a strategic industrial partnership to support the development of a resilient and responsible rare earth value chain.

Goldwin, Neste, Idemitsu Kosan, and Toray Industries have developed a supply chain for nylon fiber made from renewable raw materials. The nylon fiber produced through this project will be used by Goldwin for a part of The North Face products in August 2026.

With an aim to strengthen its competitiveness in Germany, Solvay has realigned its portfolio, investments and will position its Bad Wimpfen site as a global hub for Nocolok production, research and application.

Australia could meet a significant portion of Europe's hydrogen demand in the future — provided that the supply chain via the port of Rotterdam works. An international study involving Fraunhofer ISE is now investigating the technical and economic conditions for large-scale supply of green ammonia from Western Australia.