Amidst growing demand, Neste has plans to expand its renewable products refinery in Rotterdam in the Netherlands. With this move, the company will expand its overall renewable product capacity by 1.3 million tons annually, thus, leading to the firm’s total renewable product capacity in Rotterdam to 2.7 million tons per annum.

Digital Twin Solutions is Now the New Normal – Covid-19 has transformed industries like never before and the oil and gas sector is no exception to this. The demand for digital twin technologies is at an all-time high amidst the pandemic and major industry players are already making use of this technology for numerous significant projects.

Repsol has plans to develop the first plant in the Iberian Peninsula which has the capability to produce ultra-high molecular weight polyethylene also known as a super polymer. The new plant is expected to have an annual capacity of 15,000 tons.

Ineos Oligomers has started up the world’s largest single train Low Viscosity Polyalphaolefin (LV PAO) plant in Texas, USA. With a production capacity of 120,000 tons every year, the new plant is expected to position the firm as the largest merchant supplier of LV PAO across the globe.

China has announced massive investments in one of the country's largest petrochemical industry sites. In Zhanjiang, at the southern tip of the People's Republic in Guangdong Province, another 45.2 billion dollars is being pumped into a Verbund site which will focus on petrochemicals and steel production over the next five years. The German chemical giant BASF is right in the middle of all this.

Solvay’s Kalix 10000 series is the latest addition to the firm’s sustainable polymer portfolio. A partially bio-based material produced from renewable feedstock and developed with 100% renewable electricity, the new material offers increased heat resistance, stain resistance, and the lowest moisture absorption which makes them suitable for smart devices.

With a mega investment of 7-million-dollars, Borealis has developed a new filtration system with assistance from the Technische Universität Wien and the Graz University of Technology. The system boasts of reducing the loss of plastic pellets into the environment in order to meet the goal of zero pellet loss.

Fluid Components International’s (FCI) ST100A Series Thermal Flow Meters offer accurate and reliable direct mass flow measurement of mixed and dirty gases. It does not require additional sensors or flow calculating devices and virtually also eliminates wear, breakage and maintenance.

In the background of growing demand for EV batteries, Solvay has expanded the production capacity of PVDF at its Changshu site in China. The thermoplastic fluoropolymer is used both as a binder as well as a separator coating in lithium-ion batteries.

Lanxess and Advent have plans to acquire the Engineering Materials Business from DSM for 4 billion dollars which is expected to be a part of the new joint venture. Lanxess will also contribute its High-Performance Materials business unit to the joint venture and receive a payment of at least 1.18 billion dollars as well as a stake of up to 40 % in the joint venture.