Lanxess and Advent have plans to acquire the Engineering Materials Business from DSM for 4 billion dollars which is expected to be a part of the new joint venture. Lanxess will also contribute its High-Performance Materials business unit to the joint venture and receive a payment of at least 1.18 billion dollars as well as a stake of up to 40 % in the joint venture.

With Repsol becoming a shareholder in Enerkem, the Spanish company can now utilize Enerkem’s green technology in the development of its existing industrial facilities and future units. It is also collaborating with Enerkem and Agbar to establish the Ecoplanta Molecular Solutions waste recovery plant in El Morell, Spain which will utilize Enerkem's gasification technology.

People have witnessed an increase in fake news during Covid-19. To dissect what is real and fake, the PQE Group has set up a task force which aims to provide scientifically correct information in a clear and simple manner.

Tianjin, China's fourth largest city relies more and more on the petrochemical industry for its economic development. The city government and Sinopec, China's largest state-owned chemical company have signed a new framework agreement according to which an additional 70 billion yuan (around 10.3 billion dollars) will be invested in key projects in Tianjin.

JGC Holdings Corporation has awarded a technology contract to KBR for a pilot plant project sponsored by the New Energy and Industrial Technology Development Organization in Japan. Under the terms of the agreement, KBR will offer technology licensing for its green ammonia technology and also provide basic engineering for the project.

Ima has recently launched Open Lab – a network of the company’s technological laboratories and testing areas, dedicated to research on sustainable materials, technologies and production optimization processes.

KBR’s investment in Mura Technology will help the company to accelerate the development of its plastics recycling projects and achieve its ambition of reaching a recycling capacity of 1,000,000 tons every year by 2025.

Sanofi has inaugurated its new Evolutive Vaccine Facility (EVF) which has the potential to produce up to four vaccines simultaneously. Switching from manufacturing one vaccine to another is also possible in a matter of just 12 days with the new vaccine facility.

Wood has plans to sell its Built Environment business to WSP Global for 1.9 billion dollars. The deal will provide the firm with enhanced financial flexibility and help it to accelerate its strategy to become one of the leading players across energy security and sustainability.

With the growing construction market in Bolivia, Sika has inaugurated a new and highly automated plant which aims to double its mortar and concrete admixtures production capacity in the country.