Shell has decided to temporarily pause on-site construction at its biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands. With an expected capacity of 820,000 tonnes a year, the project has been put on hold to address project delivery and ensure future competitiveness given current market conditions.

OMV Petrom has plans to develop two green hydrogen production plants at the Petrobrazi refinery in Romania. With a total capacity of 55 MW, the plants will be established with a total investment amount of approximately 140 million euros.

Honeywell has entered into a MOU with The Green Solutions Group Corporation for Vietnam's first green hydrogen plant – the Tra Vinh Green Hydrogen project. Under the terms of the contract, Honeywell will bring to the project its technologies such as project automation design and management, and energy management for energy transition to enable the firm integrate renewable energy sources into the green hydrogen plant.

Ligand Pharmaceuticals has plans to takeover Apeiron Biologics for 100 million dollars in cash. Apeiron Biologics is a firm that holds royalty rights to Qarziba (dinutuximab beta) for the treatment of high-risk neuroblastoma.

Zymochem has introduced Bayse – the world's first scalable, 100 % bio-based, and biodegradable Super Absorbent Polymer. This innovation is expected to revolutionize the 145-billion-dollar global hygiene industry.

The Indian company Calibre Chemicals, which is claimed to be one of the largest manufacturers of potassium persulphate; perchlorates and iodine derivatives in India, has plans to take over Evonik’s Rheinperchemie firm with an aim to expand its business to the European market.

Equinor has awarded a front-end engineering design (Feed) contract to SLB Onesubsea for a 12-well, all-electric Subsea Production Systems project in the Fram Sør field, offshore Norway. The project is expected to accelerate the global adoption of electric subsea technology and reduce emissions from subsea operations.

Under an agreement signed between Cepsa Química and the Persán group, Cepsa Química will use 100 % renewable diesel to transport chemical product supplies to Persán. With this move, both the companies aim to avoid the emission of around 126 tons of CO2 annually.

The European Commission has officially notified Hydrogenious LOHC Technologies’ ‘Green Hydrogen@Blue Danube’ project for the Important Projects of Common European Interest (IPCEI). The project utilizes the LOHC benzyltoluene for safe and efficient transportation of green hydrogen to industrial off-takers in the region.

With this acquisition, Repsol has plans to enter the biomethane market. The agreement between Repsol and Genia Bioenergy includes 19 of its biomethane plants which are under development, with a total capacity of 1.5TWh per year, which will generate renewable gas from agricultural and livestock waste in Spain and Portugal.