With this acquisition, Maire has plans to expand its engineering capacity by adding a multidisciplinary team of around 290 experts in different fields, such as process, automation, mechanical, piping, electrical, and civil engineering.

Covestro is focusing on energy-intensive production of basic raw materials. The firm has partnered with Lanxess and makes use of energy in its electrolysis plants in North Rhine-Westphalia to reduce emissions by up to 120,000 metric tons of CO2 per year.

Borealis has plans to invest 4.5-million-euros in the cracker furnaces of its olefins unit in Porvoo, Finland. With the help of the investment, three of the ten cracker furnaces in the unit will be modified to enable a total annual production of 120 kilotons of base chemicals based on renewable and recycled feedstocks.

Yarra Valley Water has partnered with Weltec Biopower to modernize its 1-megawatt biogas plant in Australia. The plant has a processing capacity of 33,000 tons of organic waste from food processors and restaurants to generate around 7,500,000 kilowatt hours of energy per year.

It is a mammoth undertaking: Most nations want to become climate-neutral by 2050 – and with them the companies in the chemical industry. Because on the one hand it produces energy-intensively, and on the other it cannot do without carbon, the chemical industry is having a particularly hard time decarbonizing. But this only spurs the industry's researchers and engineers on even more.

Suez and Hte have entered into a R&D service agreement through which both the firms will focus on the screening of various catalytic materials to convert biomass-derived feedstocks into sustainable gases.

ABB’s FSS400 Swirl and FSV400 Vortex flowmeters have become the first flowmeters in the market to obtain a Fieldcomm Group Ethernet-APL physical-layer certification. The certification assures product quality for process instrumentation and reliable interoperability throughout industrial communication networks.

Lubrizol has acquired a 120-acre plot to develop its largest manufacturing facility in Aurangabad, India. An investment of approximately 200 million dollars has been announced for the initial phase of the project.

BP has successfully completed the acquisition of Getec Energie. With this move, BP aims to accelerate the growth of its European gas and power presence, as well as provide opportunities to grow integrated lower carbon energy solutions for C&I energy customers in Germany and elsewhere in Europe.

Cepsa and Evos will work together to store green methanol produced by Cepsa at Evos’ storage facilities in Algeciras, Spain and Rotterdam, the Netherlands. In addition to this, green ammonia will also be stored in Algeciras, Spain.