Adnoc and OMV have plans to combine Borouge and Borealis to establish a new firm, Borouge Group International. The newly formed company is also expected to acquire Nova Chemicals for 13.4 billion dollars, thus establishing the world’s fourth-largest polyolefins player.

With a high double-digit million-euro figure investment, BASF has inaugurated its new catalyst development and solids processing center in Ludwigshafen, Germany. The new center will be used by BASF to develop and optimize innovative process technologies and catalysis processes.

Lummus and Resynergi have achieved a significant milestone with the commercialization of Resynergi’s Continuous Microwave Assisted Pyrolysis (CMAP) Modules. The technology has the ability to convert plastic waste into circular pyrolysis products significantly faster and more efficiently than traditional pyrolysis methods.

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.

Under a MOU signed between Cepsa and Sonatrach, both the parties will work together to carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria.

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.

ABB has entered into a MOU with Bilfinger with an aim to collaborate on instrumentation and digital solutions in order to boost operational efficiencies in the energy and process industries.

At the 2024 European Responsible Care Awards, Cefic has gone on to recognize 23 initiatives for advancing Antwerp declaration ambitions. The awarded initiatives reflect the chemical industry’s important role in strengthening Europe’s industrial base while addressing key priorities.

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.

Under a MOU signed between Solvay and Hankook, both the companies will work together to develop circular silica from bio-sourced and waste sourcing for tire production.