Lanxess has reshuffled the management positions of four business units. With this move, the company aims to provide fresh impetus for future growth in its consumer protection segment.

Umicore has collaborated with Microsoft to make use of artificial intelligence in order to accelerate its research in battery material technologies for electric vehicles. With this move, Umicore intends to create a customized AI environment that will analyze, synthesize and bring together vast and complex data from its proprietary battery materials research and development.

Adnoc has acquired a 10.1 % equity stake in Storegga, a company that focuses on the development of global carbon capture and storage projects. This is Adnoc’s first international equity investment in carbon management.

At the recently held global climate event COP 28 in Dubai, UAE, Sinopec highlighted the progress made by the company on carbon, capture, utilization and storage.

Under a MOU signed between both the parties, Saipem and Valmet will jointly develop decarbonization solutions for hard-to-abate industries. Saipem will combine its CO2 management technologies with Valmet’s heat recovery and flue gas treatment units for the pulp, paper and energy sectors.

Solenis has plans to invest 193 million dollars in order to expand its business operations in Virginia, USA. The firm intends to develop a new production unit, packaging facility and tank farm, and also accommodate production of polyvinylamine polymer products.

Total Energies has collaborated with Air Liquide to decarbonize Total Energies’ refining and petrochemical platform in Normandy. Under the terms of the agreement, Air Liquide will supply green and low carbon hydrogen to the project.

Under a MOU signed between the Cabinda Gulf Oil Company, a subsidiary of Chevron, and the Government of Angola, both the parties will aim to explore potential lower carbon business opportunities in the African region.

Hydrogenpro has successfully delivered a 5,5 MW electrolyzer to Mitsubishi Heavy Industries’ Takasago Hydrogen Park which is claimed to be the world’s first validation center for hydrogen technology.

Madoqua Power2X has selected KBR’s K-Green technology for its green ammonia project in Sines, Portugal. Under the terms of the contract, KBR will provide technology license, proprietary engineering design and equipment, and catalyst solutions for the project.