The Cabb Group has consistently invested in upgrading its infrastructure at its Pratteln site in Switzerland since 2018. The company now plans further investments at its site and this move is in line with the firm’s growth strategy.

Mc Dermott has secured a front-end engineering and design (Feed) contract for Qatar Petroleum's North Field South project. Work on the project is expected to commence immediately and will be executed from the company’s Doha office.

The UK’s largest manufacturing exporter i.e. the chemical industry has voiced relief over the recent agreement between the UK and the EU. The vital sector has proved to be strong in a Covid-19 scenario and is looking forward to this year.

Air Liquide has secured a contract by Asda, one of the leading retailers in the UK for the installation and operation of six biomethane distribution stations which will be useful for refuelling trucks.

The United States oil and gas rigs in operation have reduced by 59.49 %, according to data by Bankr, a portal for finance and investment. The portal’s research also provided an insight into the future outlook of the oil industry.

With the takeover, Lyondell Basell and Suez will increase its plastics recycling capacity at its joint venture firm Quality Circular Polymers to approximately 55,000 tonnes per year. The move also enables Lyondell Basell's ambition to produce 2 million tonnes per year of recycled and renewable source-based polymers by 2030.

Under a strategic partnership signed between Royal DSM and Neste, DSM will help Neste to create high-performance sustainable polymers in order to reduce the carbon footprints of its own products and also support the circular economy transition.

The German Chemical Industry Association (VCI) has revealed that in the chemical-pharmaceutical industry production fell by 3 % year-on-year and turnover dropped by 6 % in the backdrop of the corona crisis.

The Bayer Group had a very successful year in 2015. Sales reached the highest level in the company’s history, exceeding EUR 46 billion. In 2016, further growth in sales and earnings are expected.

Ineos Olefins and Polymers USA has acquired Sasol’s 50 % stake to become 100 % owner of the Gemini HDPE facility in Texas, USA. The move is expected to increase the Ineos Group’s global HDPE market share.