Perstorp has plans to reduce its carbon dioxide emissions by around 500,000 tonnes by producing sustainable methanol. With ‘Project Air’, the company aims to build a first-of-a-kind, large-scale, commercial Carbon Capture, and Utilisation (CCU) unit to produce the green methanol.

Sinopec has entered into a strategic cooperation with three leading institutions in order to carry out a joint research on carbon emissions peak and carbon neutral in the energy and chemical industry. The company is also promoting the recovery and utilisation of CO2 from refining and chemical enterprises.

Eni and Saipem have recently signed a memorandum of understanding to identify and engineer decarbonisation initiatives and projects in Italy. The companies will aim to focus on identifying possible partnership opportunities for carbon capture, utilisation and storage of CO2 produced by industrial regions in the country.

The aim of the collaboration is to develop a depolymerisation-based process which is capable of converting complex plastic waste back to recyclable materials. The new recyclable material is also expected to comply with food contact regulations so that it can be used for future packaging solutions.

With an aim to meet the growing demands of the hydrogen mobility market in California, Linde has plans to start producing green hydrogen at its Ontario plant in the USA.

The first phase of the MDI capacity expansion project, which includes a new MDI synthesis unit at BASF’s Louisiana site, is complete while the second phase, which consists of capacity increases of several upstream units, is currently under progress. The final phase is expected to bring the capacity to approximately 600,000 metric tonnes per year.

In order to extract hydrogen from natural gas networks, Linde and Evonik offer a joint technology solution. The fully integrated, holistic solution combines different technologies for gas separation.

Korea Engineering Plastics is a joint venture firm of Mitsubishi Gas Chemical Company, Celanese and Mitsubishi Corporation. Under a MOU signed between the partners, the JV firm will now aim to focus on manufacturing and supplying high quality polyoxymethylene products to its shareholders who will then market it globally.

AGC Biologics has plans to expand its production capacity of biopharmaceuticals at its Copenhagen facility in Denmark. The expansion is expected to more than double the company’s single-use bioreactor mammalian cell-culture capacity in the region.

Preem’s existing Synsat plant at its Lysekil refinery in Sweden is undergoing major revamping and the company has chosen AFRY to carry out the pre-study assignment of the project in order to increase its production of renewable fuels.