Under a MOU signed between Enerflex and BASF, both the firms will work together to facilitate the commercial scale deployment of carbon capture, utilization and storage (CCUS) applications. For this, the parties will combine Enerflex’s expertise in engineering, manufacturing, and integration of gas processing and compression systems with BASF’s proprietary Oase blue technology for flue gas and post-combustion CO2 capture.

JSW Group has plans to take over Akzo Nobel India from Akzo Nobel for 1.4 billion euros. The deal also includes Akzo Nobel’s liquid paints and coatings business in India. The India Powder Coatings business and International Research Center will be retained by Akzo Nobel under full ownership.

Johnson Matthey has entered into a long-term agreement with Bosch to develop and produce catalyst coated membranes for use in fuel cell stacks. Under the terms of the agreement, Johnson Matthey’s catalyst coated membranes will be used in Bosch’s integrated, compact and scalable fuel cell power module for commercial vehicles.

A new study by Renewable Carbon Initiative and the Biobased Industries Consortium has mentioned that biomass can meet 20 % of carbon demand in the chemicals sector by 2050 without compromising food and feed supply.

Ineos Phenol has plans to permanently shut down its production site in Gladbeck, Germany owing to high European energy costs along with Europe’s punitive CO2 tax policy. Both these factors combined have made Europe an uncompetitive market for the company.

With a new major biomass project at the Torrelavega site in Spain, Solvay aims to nearly halve CO2 emissions at the site by 2027. The project is in line with the firm’s goal of slashing the site’s carbon footprint for its customers in Spain.

The groundbreaking of Again’s new acetic acid production facility in Texas City marks a key step toward commercializing sustainable chemicals from recycled CO2. Supported by Helm and Diamond Infrastructure Solutions, the project aims to deliver low-emission chemical solutions while strengthening local supply chains and industrial resilience.

Under a MOU signed between Hydrom and Thyssenkrupp Nucera, both the firms will work together to support the growing green hydrogen sector in Oman. The collaboration aims to identify the potential for localization and explore development opportunities in the country.

Nouryon has recently inaugurated its Innovation Center for oilfield applications in Houston, Texas, USA. The new Center intends to focus on research and development for sustainable drilling and completion, production, and stimulation processes, and will also serve as a platform for workshops and training sessions.

Gevo and Axens have plans to accelerate the development and commercialization of sustainable aviation fuel using the ethanol-to-jet pathway. Both the companies also intend to combine their technical resources to accelerate the commercialization of Gevo’s patented, next-generation ethanol-to-olefins technology.