Under a strategic agreement signed between Wood and Cognite, both the companies will create artificial intelligence solutions in order to provide a more connected and data-driven environment to industries which will prove profitable for their operations.

The 50-50 joint venture company – Anaven has received environmental clearance to produce 32,000 metric tonnes of monochloroacetic acid (MCA) annually at its new plant in Gujarat, India. The first batch of MCA is expected to be supplied to the Indian market by the end of 2020.

Dr. Martin Brudermüller is the current CEO of BASF and has been appointed by Cefic as its new President. He succeeds Daniele Ferrari, CEO of Versalis (Eni) who has occupied the post since October 2018.

The new discovery well is estimated to contain between 50 and 190 million barrels of recoverable oil equivalent. Further appraisal is scheduled to be conducted in order to determine potential flow rates, the reservoir’s ultimate resource recovery and plans for development.

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.

Nova’s new market and technology report elaborates on chemical recycling by offering details on the latest trends and challenges of this technology. The report will prove useful for the chemical and plastic industry, brands, technology scouts, investors, and policy makers.

Total and CMA CGM have claimed to have completed the world’s largest LNG bunkering operation at the Port of Rotterdam in the Netherlands. This feat was achieved with CMA CGM’s 23,000 TEU1 containership receiving around 17,300 m3 of LNG from Total Marine Fuels Global Solutions.

The American Chemistry Council (ACC) has released a statement in which it congratulates the new President of the USA Joe Biden for his win and also shares that the U.S. chemical manufacturers are ready to pursue solutions for a safer, healthier, stronger and more sustainable future.

Sirio Europe has invested in advanced manufacturing and green technologies for its Brandenburg facility in Germany. With the incorporation of these solutions, the company aims to substantially increase its CDMO production capacity as well as energy efficiency.

According to the CPhI Annual Report, the growth of contract manufacturing organisations (CMOs) has been curbed due to innovator drug approvals from mega cap pharma companies. However, the demand for contract clinical and recombinant vector manufacturing is growing.