Akzo Nobel has strengthened its position in the North American hydrogen peroxide market with the acquisition of the remaining shares of Eko Peroxide. The Dutch company had originally founded Eko as a joint venture enterprise with OCI Peroxygens.

Perstorp has plans to reduce its carbon dioxide emissions by around 500,000 tonnes by producing sustainable methanol. With ‘Project Air’, the company aims to build a first-of-a-kind, large-scale, commercial Carbon Capture, and Utilisation (CCU) unit to produce the green methanol.

Technip FMC has been awarded an EPC contract by Assiut National Oil Processing Company for the construction of a new hydrocracking complex for the Assiut refinery in Egypt. The project is expected to support the national government’s Energy Transition strategy as well as reduce environmental emissions in the region.

With an aim to meet the growing demands of the hydrogen mobility market in California, Linde has plans to start producing green hydrogen at its Ontario plant in the USA.

Sinopec has entered into a strategic cooperation with three leading institutions in order to carry out a joint research on carbon emissions peak and carbon neutral in the energy and chemical industry. The company is also promoting the recovery and utilisation of CO2 from refining and chemical enterprises.

The new launch ‘My Rechemical’ is Next Chem’s new subsidiary focusing on chemical valorisation of non-recyclable plastics and ‘Waste to Chemical’ processes. With this, the company aims to strengthen its presence in the market and also be recognised as the player with the most innovative technological solutions for circular economy.

Under the terms of the agreement, Technip FMC and Mc Phy will work together to develop hydrogen technology and address commercial opportunities. Technip FMC has also made an equity investment in Mc Phy.

Post the successful completion of the first phase of the Carbon2Chem Project in which Thyssenkrupp gained fundamental insights into the conversion of steel mill process gases into chemical products, the federal government has handed over a notice of 88 million dollars for the second phase of the project.

The world’s first blue ammonia shipment paves the way for utilising sustainable hydrogen and contributing to the circular carbon economy. The high-grade blue ammonia will be used in Japan for zero-carbon power generation.

Petrofac’s Engineering and Production Services (EPS) business has been awarded its first ever green hydrogen Front End Engineering Design (FEED) contract for the landmark Arrowsmith Hydrogen Project, which will become Australia’s largest commercial-scale green hydrogen complex.