Phillips 66 has recently announced its plans to cease operations at its Los Angeles-area refinery in the USA in the fourth quarter of 2025. The company is also expected to work with the state of California to supply fuel markets and meet ongoing consumer demand.

With a hefty investment of 60 million euros, Alpla has inaugurated its new Pet recycling plant in Ballito, South Africa. With this project, the company plans to produce up to 35,000 tonnes of recycled Pet per year.

Evonik has plans to strengthen its growth prospects by reorganizing its two business lines – Coating & Adhesive Resins and Health Care. The remaining businesses outside these cores are expected to be sold to new owners or incorporated into partnerships.

The alliance comprises of Topsoe, ABB and Fluor which will collaborate to develop a standardized concept for building Topsoe’s next SOEC electrolyzer factory in the USA. The project is expected to be operational by 2028.

With the growing demand for high-quality 2-Ehacid in the region, BASF Petronas Chemicals has successfully inaugurated the second 2-ethylhexanoic acid production line at its integrated site in Kuantan, Malaysia.

Under a new long-term contract between Air Liquide and LG Chem, Air Liquide has plans to invest around 150 million dollars at its Tennessee site in the U.S. with an aim to expand its production capacity and pipeline network. In line with the contract, Air Liquide will supply oxygen to LG Chem for its electric vehicle battery plant.

Wood has won a contract by Centrica Energy Storage for optimizing hydrogen storage for Centrica’s Rough field in the UK. The Rough reservoir has the potential to provide over half of the UK’s hydrogen storage requirements.

The hydrogen ramp-up is just beginning and Dechema is right in the middle of the projects. Hardly any other organization has so much concentrated know-how. PROCESS Worldwide spoke to Dechema Managing Director Andreas Förster and Head of Energy and Climate Florian Ausfelder about the current status of the discussions.

Honeywell has plans to spin off its Advanced Materials business into an independent, U.S. publicly traded company by the end of 2025 or early 2026. The move will enable Honeywell to progress its strategic priorities of accelerating organic growth and optimizing its portfolio.

The new report published by the Nova Institute highlights that it is crucial to replace fossil-based naphtha with alternative naphtha in refineries and crackers with an aim to defossilize the chemical industry.