LG Chem has plans to invest the hefty amount in new growth engines such as eco-friendly sustainable business, battery materials for e-mobility and global innovative new drugs by 2025. The move comes in the background of the rising demand for electric vehicles and the intention of the firm to maximize the growth potential of its existing businesses.

Solvay and Veolia had collaborated for the purpose of setting up a circular economy for EV battery metals in Europe. With Groupe Renault joining the consortium recently, the partners now have plans to develop the demo unit.

MOL and Tatneft have plans to build a rubber bitumen plant in Tatarstan, Russia. The Hungarian Ministry of Foreign Affairs and Trade will be partly financing this project. The new facility is expected to have a production capacity of about 20,000 tpa.

PROCESS Worldwide brings to you the top 5 plant engineering projects of last week from all over the world. Right from constructing one of the largest electrolyzer plants in the world to building a world-scale blue ammonia facility, find out all the projects making headlines here.

Air Liquide Engineering & Construction will provide Cryocap FG, a unique solvent free technology solution to Zeeland Refinery in order to capture more than 90 % of emissions at its Vlissingen site in the Netherlands.

The groundbreaking ceremony of Ørsted's first renewable hydrogen project – H2RES was spearheaded by Dan Jørgensen, the Danish minister for Climate, Energy & Utilities. The project is expected to produce up to around 1,000 kg of renewable hydrogen per day which will be used to fuel zero-emission road transport in the Greater Copenhagen area and in Zealand.

Ethernet-APL is the new two-wire, intrinsically-safe physical layer suitable for use in demanding process automation applications. Its benefits include dramatically improved communication speed, hazardous area reach, power to field instrumentation, and long cable runs.

By 2040, 213.5 gigawatts of electrolyser capacity is earmarked worldwide, 1000 times as much as the 0.2 gigawatts currently in operation. Germany remains the most attractive market for investments in low-emission hydrogen, but there are also ambitious new plans and strategies in Italy, Poland and the UK, a study by Aurora Energy Research reveals.

Messrs. Enter Engineering has selected Casale for its new 495’000 ammonia plant in Uzbekistan. Under the terms of the contract, Casale will provide technology and design for the project. The plant is expected to boost the local production of mineral fertilizers in Uzbekistan.

Technip Energies has declared the launch of BlueH2 by T.Entm which is the company’s full suite of deeply-decarbonized and affordable solutions for hydrogen production. The green solutions prove useful for refining, ammonia production as well as support diverse industries such as steel, cement, power, olefins and LNG.