The Ministry of Economy, Trade and Industry has decided to give a go-ahead to Toray to develop a gigawatt-class mass production system for electrolyte membranes used in water electrolyzer under its Green Transformation Supply Chain Development Support Program.

Under a MOU signed between the MOL Group and Turkish Petroleum Corporation, both the firms will work together as strategic partners to explore and produce hydrocarbons.

As the year comes to an end, PROCESS Worldwide brings to you five of the most revolutionary green projects of 2024. Innovative and unique, all the projects are expected to leave a lasting impression within the industry for many years to come. Find out everything about these groundbreaking projects here.

Neste has introduced a co-processed renewable feedstock with an aim to expand its offering for the polymers and chemicals industry. The feedstock boasts of a reduced carbon footprint as compared to conventional fossil feedstocks used in the chemicals industry.

MOL Group has recently signed a cooperation agreement with Kazakhstani national oil company Kazmunaygas with an aim to jointly explore opportunities in the oil, gas and petrochemical sector.

Under a long-term agreement signed between Air Liquide and Total Energies, Air Liquide will build, own and operate a new hydrogen production unit at Total Energies' La Mède site in France. The new facility is expected to have a capacity of 25,000 tonnes per year and aims to cover the hydrogen needs of Total Energies’ biorefinery.

Accelerating the renewable energy transition is no longer a choice, industries will have to pick up pace and significantly adopt clean as well as sustainable solutions in the coming years in order to reach net zero emissions by 2050 or all of us could potentially be staring at doomsday.

Neste, Alterra and Technip Energies have plans to work together in order to offer a standardized modular solution for chemical recycling. The modular solution will be based on Alterra’s proprietary liquefaction technology.

MOL Group along with its joint venture partners Socar and BP have entered into commercial agreements for the development of gas reserves in the Azeri-Chirag-Deepwater Gunashli (ACG) field in Azerbaijan. MOL is the third largest shareholder in the ACG field, where non-associated gas reservoirs were identified beneath and above the oil producing reservoirs.

Calling all industries to decarbonize, decarbonize and decarbonize. We are living in a world where decarbonization is no longer an option but a core necessity. Although there are many industrial projects that have made headlines for decarbonizing their operations but we take a look at three upcoming mega projects that can be considered as landmark projects of recent times.