Under the terms of the agreement, Wood is in charge of concept selection and early design for the carbon capture project awarded by VPI Immingham. The sustainable project aims to use specialised carbon capture technology to reduce carbon emissions across power and petrochemical facilities.

Allweiler launches the next-generation AEB-DE progressing cavity pump series of four pump sizes that share one installation footprint and are capable of bi-directional flow.

The start-up completes the first phase of the Pyeongtaek project in which industrial gases will be supplied to Samsung Electronics' semiconductor facilities in South Korea. The project is Linde's largest single electronics investment on BOO basis.

The realigment strategy of Lanxess takes its toll on the company's production site: The firm has decided to end the production of EPDM rubber in Marl.

Zibo Qixiang Tengda Chemical Company (QXTD) is the first company to make use of Dow’s LP Oxo Technology for producing sustainable isononyl alcohol (INA). The process technology will be utilised at the firm’s new manufacturing facility in China which is expected to have an annual capacity of 200,000 metric tonnes.

The comprehensive restructuring process has led to the formation of Mc Dermott’s new Board of Directors. Under this process, David Dickson, President and Chief Executive Officer will continue in his role while Nils Larsen has been appointed as Lead Director of the firm.

Earlier this year, GEA Pavan successfully handed over a seventh production line for manufacturing breakfast cereals to polish breakfast cereal producer OBST. Both companies have been working in a close partnership for 20 years.

The six pharma companies— Gilead Sciences, Moderna, Astra Zeneca, Roche, Sanofi and Biontech—are involved in Covid-19 research and data has revealed that the firms have witnessed this jump only in the last six months.

With an aim to reinvent BP, the company has agreed to the sale of its petrochemicals business – including global aromatics, acetyls and related businesses – to Ineos. The move is expected to strengthen BP’s finances and also deliver its 15 billion dollar target for agreed divestments ahead of schedule.

The first “VDMA Flagship Industry 4.0 Conference” concluded on June 13, 2018. A total of more than 200 experts, scholars and visitors gathered together to exchange and discuss the current status of the manufacturing industry development and the leading technology in Germany and China.