Bosch Industrial Heat will be showcasing sustainable steam and heat solutions for global industrial use at the upcoming Achema trade fair in Germany.

As we move towards a climate-neutral future, great hopes are being pinned on hydrogen as a key element of the energy transition. The energy-rich molecule can be used for storage and can act as an ideal versatile chemical energy carrier. But how might the hydrogen economy of the future look like? What volumes are required and what infrastructure is suitable? This trend report provides answers to these questions.

Hydrogen will be produced by electrolyzers at the pilot plant which is situated in Loviisa, Finland. The total R&D cost of the pilot project is around 17 million euros and is scheduled to be commissioned in late 2025.

Under a purchase agreement signed between the two parties, Gevo will supply its low-carbon intensity fuel blendstock to Shell Global Solutions Deutschland for use in motorsports.

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.

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.

Lummus’ new renewable dimethyl ether technology can process numerous types of methanol to produce renewable dimethyl ether. The technology is also capable of lowering Capex and Opex.

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

Under the terms of the technology licensing agreement, Reliance will be provided with an exclusive license for Nel’s alkaline electrolyzers in India and it will also allow Reliance to manufacture Nel’s alkaline electrolyzers for captive purposes globally.

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.