Hyosung has chosen Innio’s ‘Ready for Hydrogen’ engine technology for the first 100 % hydrogen pilot power plant in the APAC region. To be built at the Hyosung Chemical Yongyeon plant in Ulsan, South Korea, the plant will run on hydrogen which is produced as a byproduct at the facility. The demonstration of the project will be completed by the end of 2022 and will achieve commercial operation in 3Q 2022.

Clariant completed the sale of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”). As announced upon signing of the transaction, the base enterprise value of the sale amounts to CHF 805 million subject to closing accounts adjustments and before a potential earn-out payment of CHF 50 million which is subject to the business’ 2021 financial performance.

With the completion of the demonstration of the world’s highest-current water electrolyzer, Hydrogen Optimized has advanced its large-scale green hydrogen technology – the Ruggedcell unipolar electrolyzer. The 22-million-dollar Ruggedcell high-current electrolyzer development program was launched by Hydrogen Optimized with an aim to develop the world’s largest green hydrogen production systems.

Asahi Kasei will make use of Shell’s sustainable butadiene derived from plastic waste and biomass to produce solution-polymerized styrene-butadiene rubber (S-SBR) at its Singapore plant. Shell will produce the green butadiene by a mass balance method in two ways including a method of converting plastic waste into pyrolysis oil and feeding it to the naphtha cracker, and the other is using bio-feedstock as a naphtha cracker feed.

Arkema has plans to double its Sartomer photocure resins capacity at its Nansha plant in China owing to the rising demand in Asia for innovative solutions in electronics and renewable energies.

Haldor Topsoe and Green Fuel have signed a MOU under which both the companies will jointly work together to identify efficient and scalable technologies for green ammonia production in Iceland. Green Fuel has also secured a Letter of Intent to operate at the Bakki Eco-Industrial Park in north-east Iceland.

Lenzing Group and Duratex, a producer of industrialized wood panels, announced that they agreed on the terms and conditions to form a joint venture to investigate building the largest single line dissolving wood pulp (DWP) plant in the state of Minas Gerais, close to Sao Paulo, Brazil.

BASF is all set to create its new subsidiary for renewable energy activities next year. The new business aims at supplying BASF’s sites in Europe with electricity from renewable energies and will also act as a global consulting firm for its Group companies in the field of renewable energies.

The Idcyclib project (Innovation platform of a green, detectable and directly recyclable lithium-ion battery) is the joint project of 12 partners from industry and research who have partnered together to make a sustainable and industry-ready concept for battery cell production, recycling and reprocessing transferable.

The new project is part of Ineos’ recent 2 billion dollar plus green hydrogen investment announcement in Europe. Under the new project, Ineos’ subsidiary Inovyn will develop a 100 MW electrolyzer at its Koln site in Germany in order to produce green hydrogen which will be used to manufacture green ammonia. The project will also develop E-Fuels through Power-to-Methanol applications at an industrial scale at the site.