Under the MOU signed between BASF New Business (BNB) and the South Korean based firm G-Philos, BNB will supply Nas batteries to G-Philos till 2022 as well as support the firm in the development of the Power Conversion Systems business for Nas batteries.

BASF has extended its range of high-quality bio-based polyols sold under the Sovermol trademark. The products are used for manufacturing low-emission 2K PU coatings for interior and exterior applications.

Sumitomo Chemical Company and Shimane University aim to accelerate their joint research on synthesising methanol from carbon dioxide in the background of growing climate change concerns. Together, they also intend to promote the use of carbon cycle chemistry.

South Refineries Company, an oil refining company under the Iraqi Ministry of Oil, has awarded the EPCC contract to JGC Corporation. Once completed, the Basrah refinery is expected to increase production to 19,000 barrels/day of gasoline and 36,000 barrels/day of diesel fuel.

Lyondell Basell’s pilot plant will be using the company’s proprietary Moretec advanced recycling technology to convert used plastic waste into feedstock for new plastic materials. The new unit is capable of processing between 5 and 10 kg of household plastic waste per hour.

Lummus Technology has started-up its Cdtaee unit for Hellenic Petroleum’s refinery in Greece. The Cdtaee technology is being used for the production of bio-ethers and is also expected to meet the growing requirements in the country.

The large-scale sustainable project aims to create a hydrogen and sustainable fuel unit founded on the concept of electrolysis. Expected to be complete in three stages, the electrolysis plant once completed will offer a capacity of 1.3 GW.

Nigeria’s leading foods, mining & infrastructure conglomerate BUA Group has selected Axens’ process technologies for its 200,000 bpd greenfield refinery and petrochemicals facility in Nigeria. On completion, the plant is expected to produce Euro-V fuels and polypropylene for the domestic and regional market.

The transport company, HRX Group plans to utilise the Neste My Renewable Diesel for its operations in Finland and in the Baltics. With this move, the company aims at reducing significant greenhouse gas emission which will be equivalent to removing nearly 290 passenger cars from the roads for a year.

Located in Norway, the Herøya Industrial Park has been selected as the site for Elkem’s ‘Northern Recharge’ project which aims at supplying greener batteries with lower CO2 emissions to the rising battery industry in the region.