Celanese and Mitsui & Co. have entered into a definitive agreement under which Celanese will sell an additional 19 % of the Nutrinova food ingredients business to Mitsui for approximately 152 million dollars.

The demand for green chemicals has significantly increased due to the pressing emphasis on decarbonization of industries, strong government regulations in support of the environment and a change in consumer preferences towards sustainable alternatives. PROCESS Worldwide shares an overview about the green chemicals market as well as highlights industry trends in this space.

Arkema has plans to invest 10 million euros with an aim to expand its Global Battery Center of Excellence in the Auvergne-Rhône-Alpes region of France. With this move, the firm aims to strengthen its research capabilities in advanced materials for batteries within its global network of R&D laboratories covering the entire battery value chain.

BP has successfully completed the sale of its Gelsenkirchen Refinery in Germany to the Klesch Group. With this move, BP aims to strengthen its balance sheet and also simplify its portfolio.

With an aim to increase its presence in Türkiye, Alpla has commissioned two new plants in İzmir and Adana respectively. The company is investing 30 million euros to strengthen customer proximity, shorten supply routes and create additional capacity for high-quality packaging solutions.

Honeywell Technologies has successfully completed the acquisition of Johnson Matthey’s Catalyst Technologies Business for approximately 1.8 billion dollars. The acquisition will enable Honeywell Technologies to strengthen its portfolio across refining, petrochemicals and renewable fuels.

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.

The US-Saudi Consortium—comprising MWG Enterprises, the Patel Family Office and PWS—is in the final stage of site selection for the planned 5-billion-dollar integrated refinery and energy export corridor.

Under a development & commercialization agreement signed between Praj Industries and Gevo, both the companies will work together for the commercialization of the Bio-IBA technology in India.

Ørsted claims to be the first energy company in the world to reach its industry-leading decarbonization target, thereby reducing its carbon emissions by 98 %. Renewable energy now accounts for 99 % of the company’s energy production, while its scope 1 and 2 emissions intensity has been reduced by more than 98 % compared to 2006.