Under a strategic collaboration agreement signed between both the parties, ABB and Komatsu will work towards the development of integrated solutions that will help bring net zero emissions for heavy industrial machinery.

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.

Honeywell and Repsol have plans to work together in order to create new production pathways for biofuels and circular materials. The companies also intend to scale and commercialize Honeywell's technologies for chemical production and renewable fuels at Repsol’s refineries.

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.

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.

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.

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.

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.

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.

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.