With a mid-double-digit million-euro investment, BASF has plans to develop a new alcoholates plant at its site in Ludwigshafen, Germany. On completion, the project is expected to produce sodium methylate and potassium methylate.

LG Chem has plans to accelerate the commercial production of bio-acrylic acid in the second quarter of this year. LG Chem's bio-acrylic acid is made from 3-Hydroxypropionic acid which is produced by microbial fermentation of plant-based raw materials.

Dow has invested in Xycle, a Netherlands-based leader in chemical recycling technology. The move is in line with the company’s goal of accelerating a circular economy for plastics.

Thyssenkrupp has bagged a feed contract for the carbon capture project Ifestos which is claimed to be one of the largest carbon capture projects in Europe. On completion, the project is expected to produce zero-carbon cement and concrete.

Under a collaboration between Henkel and Celanese, both the firms will work together to produce water-based adhesives made from captured CO2 emissions. The move is expected to create new opportunities for customers in the packaging and consumer goods sector to increase the renewable content of their products.

Gerhard Schubert and the Berndt+Partner Group have collaborated under the Packaging Competence Center which provides technical consulting services for packaging processes and technologies.

Under a strategic partnership between Baker Hughes and Frontier, both the companies will work together to speed up the deployment of large-scale carbon capture and storage and power solutions in the USA.

Chuangui New Energy company will make use of Topsoe’s licensing and engineering design services and technologies, including its Hydroflex technology, proprietary equipment and catalysts to produce SAF as well as renewable diesel in China.

BASF’s Performance Materials Division has converted all of its European sites to run completely on renewable electricity. The changeover applies to the compounding of Engineering Plastics, Polyurethanes and Thermoplastic Polyurethanes and Specialty Polymers.

Solvay has recently inaugurated a regenerative thermal oxidation process at its Green River, Wyoming plant in the USA. The process is expected to reduce greenhouse gas emissions at the plant by up to 20 % annually and support a 4 % reduction in emissions at the Group level by 2025.