Under a MOU signed between both the parties, Carbon Clean will work together with Petronas CCS Solutions to evaluate Carbon Clean’s carbon capture and storage technology. The focus of this collaboration includes assessing various methods of carbon capture for potential integration into different areas of Petronas’ operations.

Ineos has plans to permanently close its acrylonitrile butadiene styrene production facility in Addyston, Ohio, USA. The move has been undertaken by the firm as the site is no longer economical for it.

Abastible has plans to purchase Cepsa’s liquefied gas subsidiary Gasib in Spain. Abastible is a subsidiary of the Chilean Empresas Copec group and a leader in the liquefied gas business in Latin America.

The Finnish energy company Helen has chosen Sweco as its EPCM partner to develop its first green hydrogen production plant in Finland. The project is expected to begin in 2026 and will supply hydrogen to the heavy-duty transport sector.

With a hefty investment of 60 million euros, Alpla has inaugurated its new Pet recycling plant in Ballito, South Africa. With this project, the company plans to produce up to 35,000 tonnes of recycled Pet per year.

Johnson Matthey has partnered with Noya to scale up the production of its carbon capture sorbent by making use of proven techniques. This move will support Noya's upcoming pilot and commercial facilities.

Lyondell Basell has completed the acquisition of the solvent-based recycling firm APK. With this move, the company aims to produce new high-purity materials that can be used in applications like flexible packaging for personal care products.

Under a framework agreement signed between Voltalia and Taqa Arabia, both the parties will work towards developing a cluster combining renewable energy and green hydrogen production in Egypt. The project will be developed in two phases and is expected to have an annual production capacity exceeding 130,000 tons of hydrogen in each phase.

Phillips 66 has recently announced its plans to cease operations at its Los Angeles-area refinery in the USA in the fourth quarter of 2025. The company is also expected to work with the state of California to supply fuel markets and meet ongoing consumer demand.

Covestro has committed over 12 million euros to the Catalysis Research Centre of Covestro and RWTH Aachen University with an aim to continue its pioneering research into sustainable and recyclable materials.