Tranter’s NovusBloc welded plate heat exchangers have been selected for the expansion of a North American refinery. The plate heat exchangers are of different sizes and are made of 254SMO and 316L SS materials as well as a single Superchanger gasketed plate heat exchanger. The heat exchangers will be installed at the main production process to reduce CO2 emissions and is capable of handling flammable liquids and/or high temperature fluids.

Ineos intends to develop electrolysis projects across Europe in order to produce green hydrogen. The first facilities are expected to come up in Norway, Germany, and Belgium while investments are also being planned in the UK and France. The hefty investment is claimed to be Europe’s largest in electrolysis projects.

Genscript Probio has inaugurated its mega facility which is claimed to be China’s largest commercial GMP plasmid manufacturing plant. The plant will enable the firm to offer customers across the globe a one-stop service for plasmids. The move is expected to speed up the innovation and development of high-quality cell and gene therapy mRNA drugs.

With governments and companies rooting for the circular economy, innovative technologies such as digital twins will further help to build the circular economy. Market researchers predict that the global economy will reach 10.5 % circularity by 2030 and that the digital twin technology will play a vital role in it.

Within the framework of a five-year services agreement, Lonza and Bioqube want to provide for the development and manufacturing of biologics and small molecules for portfolio companies of Bioqube. The offering is to accelerate timelines for the development and manufacturing of molecules and disruptive technologies.

Sasol will be leading a feasibility study to explore the potential of the Boegoebaai project in South Africa as an export hub for green hydrogen and ammonia. The study which is expected to be concluded in two years will determine the project’s next move.

Cadent’s HyNet North West project which includes a new hydrogen pipeline network has awarded Wood consenting, environmental assessment as well as front-end engineering design (FEED) contracts for the project. The project is expected to produce, store, distribute hydrogen, and capture as well as store carbon from the industry in the North West of England and North Wales.

Phillips 66 and Plug Power have entered into a MOU under which both the companies will work towards scaling low-carbon hydrogen in the industrial and mobility sectors and developing hydrogen-related infrastructure. The company is currently establishing green hydrogen production facilities in the USA in order to supply 500 tons per day of liquid green hydrogen by 2025.

The Ministry of Economy, Trade and Industry (METI) of Japan has selected Chiyoda and Mitsubishi to conduct a feasibility study on the construction of a hydrogen supply chain by using the Spera hydrogen technology. The project, part of both the companies’ feasibility studies for the overseas deployment of high-quality energy infrastructure, aims to scale-up the hydrogen supply chain and reduce prices through increased hydrogen demand in Singapore, Japan etc.

BASF has plans to establish a separate mobile emissions catalysts business due to the massive shift in the automotive industry towards the sustainable electromobility market. The new business is expected to prepare for the changes in the internal combustion engine market. Also, the company’s massive investment in battery materials and recycling will further strengthen this segment.