With 188 facilities, the US has the highest number of contract manufacturing organisations (CMO) facilities and thus, the country could be more impacted by the slow revenue growth than other countries, states Global Data.

The new 22,000-tonne polyols plant will produce Terol polyester polyols and the project is expected to expand the company’s downstream polyurethanes capabilities in the Asia-Pacific region. Also, with this plant, the firm will be producing its Terol polyols outside the United States for the first time.

Covestro has received its maiden batch of renewable phenol from Borealis. The renewable phenol has been produced with ISCC Plus certified hydrocarbons from Neste and Covestro will be using it to produce high-performance plastic polycarbonate.

The pharmaceutical sector witnessed a total of 41 deals during H1 2020 but the Q2 2020 deal value total of 3.3 billion dollars was the lowest quarterly total since Q1 2018, according to data published by ComprarAcciones.com.

The consortium – the Zero Carbon Humber Partnership includes 12 companies and organisations which have recently submitted a joint proposal to develop a net zero industrial cluster in the Humber, the UK’s largest and most carbon-intensive industrial region. The breakthrough project is expected to be completed by 2040.

The mega plant is expected to produce 900 metric tonnes of high-purity methanol daily. The facility is expected to commence operations in 2023 and will be using Haldor Topsoe’s MeOH-To-Go technology to convert natural gas to methanol.

Linde and Shell have collaborated with an aim to accelerate the deployment of the ethane-oxidative dehydrogenation technology for ethylene production. The technology has the potential to reduce carbon emissions and is also an alternative to ethane steam cracking.

Evonik is all set to concentrate on its Metamino (DL-methionine) production at three of its world-scale hubs in Europe, Americas and Asia. With this move, the firm aims to strengthen its competitiveness in the market in terms of cost.

Researchers at the University of Houston have created a new thermoelectric material, intended to generate electric power from waste heat with higher output power than currently available materials.

Under the new strategic partnership, Sanitized antimicrobial polymer additives will be marketed in Italy by Ferro-Plast, its new sales partner. This move is expected to benefit the Italian plastic industry.