The acquisition of APK is in line with Lyondell Basell’s goal of producing and marketing at least 2 million metric tons of recycled and renewable based polymers annually by 2030. APK’s unique solvent-based recycling technology is a perfect fit with the company’s existing mechanical and advanced recycling technologies.

Under an agreement signed between both the parties, OCI Global will sell its Global Methanol Business to Methanex Corporation for 2.05 billion dollars on a cash-free and debt-free basis.

Bentley’s Digital Twin applications digitized factory operations to save CNY 6 million in annual management costs and support sustainable practices.

In June, Germany will once again be the centre of the chemical, pharmaceutical and biotechnology industries worldwide: The 34th Achema will take place from 10 to 14 June 2024 in Frankfurt. The trade fair will be accompanied by a varied and extensive congress programme on all five days.

Located in Germany, Gascontec is an innovative company which specializes in technology development and process engineering. With this acquisition, Nextchem will strengthen its commercial offering in low-carbon, green and circular solutions.

With an investment of 22-million-euros, MOL Group has successfully inaugurated a green hydrogen plant in Százhalombatta, Hungary. The plant is expected to produce 1,600 tonnes of clean, carbon-neutral green hydrogen annually and will also reduce the Danube Refinery's carbon dioxide emissions by 25,000 tonnes.

Cost plays a vital role while developing industrial plants but by opting for a modular plant, capex costs, material costs and even labor costs can be slashed. Also, modular, skid-mounted units are developed in-doors under controlled environments and at speed which helps to save valuable time for industry players.

Under an agreement signed between Bridgestone, BB&G and Eni, all the parties will come together to establish a closed-loop ecosystem which will aim at transforming end-of-life tyres into new tyres.

Topsoe’s Hydroflex technology has been selected by Holborn for producing SAF and renewable diesel at its Hamburg renewable fuels refinery in Germany. The complex is expected to be operational in early 2027 and aims to produce 220,000 tons of renewable diesel and SAF per year.

On May 13, Asahi Kasei company representatives as well as its partners including the Japanese Government inaugurated the new hydrogen pilot plant in Kawasaki, Japan. In the pilot plant four 0.8 MW Aqualyzer modules are being operated under realistic conditions.