The collaboration with Princeton University’s Andlinger Center for Energy and the Environment aims to advance carbon capture technologies with new research in order to optimise CO2 storage projects in the future which will prove beneficial to reduce emissions. Both the firms are also working together to develop carbonate fuel cells.

The International Energy Agency’s (IEA) recent market report ‘Gas 2020’ has predicted that the global gas demand is expected to fall by 4 % in 2020. This is twice the amount lost after the 2008 financial crisis.

Tosoh is a major producer of bromine in Asia and aims to maintain a stable supply in order to meet the growing demand in the region. By expanding its bromine production capacity, the firm intends to strengthen its business.

Repsol’s first project includes construction of one of the largest net zero emissions synthetic fuel production plants in the world while the second one involves building a plant for generation of gas from urban waste.

Under the terms of the MOU, Lygos will provide its unique technology – LP1 Ultra Yeast Platform and Carbon Sequestration Superhighway to Praj in order to create bioplastics known as polylactic acid.

Under the agreement, Covestro will be supplied with raw materials produced with Neste’s renewable hydrocarbons and aims to replace several thousand tonnes of fossil raw materials used in the production of its polycarbonates.

Petrofac’s EPS business has won an engineering and project management office support contract for the Acorn project. Under the terms of the agreement, the firm will provide project management systems and technical support during the Feed for Acorn CCS and the concept select for Acorn hydrogen.

With the rising demand of green hydrogen in the chemical industry, thyssenkrupp is expanding its production capacity of electrolysis cells which can be used in water electrolysis plants. These plants prove beneficial for producing green hydrogen cost-efficiently. Currently, the company can manufacture electrolysis cells with a power consumption of up to 1 GW annually.

The mammoth propane dehydrogenation plant site in Kallo, Belgium has successfully received the propylene splitter which is one of the largest appliances ever delivered to the port of Antwerp in one piece by ship.

The new process is expected to reduce CO2 emissions for ethylene production by 80 per cent. The project is considered as a vital building block for the petrochemical industry in the US and across the globe.