The green hydrogen plant is being developed at Taguatinga and will be powered by a photovoltaic plant in order to support the decarbonization of sectors that are difficult to electrify.

Saipem has secured a mega EPC contract from Enilive for expanding its Venice biorefinery in Italy. The project comprises of increasing the plant's capacity from the existing 400,000 to 600,000 tons per year and the production of sustainable aviation fuel.

Kemira and IFF have decided to establish a 50:50 joint venture to produce renewable biobased products on a commercial scale. An investment of around 130 million euros will be made towards the joint venture which will begin commercial production in late 2027.

Sulzer has recently inaugurated a new biopolymer engineering and scale-up center in Winterthur Töss, Switzerland. This new center marks the company’s fourth location in the country.

Agilyx’s proprietary polystyrene recycling technology Styrenyx has the capacity to reduce carbon equivalent emissions by 38 % using average grid electricity and 86 % using wind electricity as compared to the traditional process of styrene production.

Aequita has entered into an agreement and exclusive negotiations with Lyondell Basell under which it intends to acquire four of Lyondell Basell’s olefins & polyolefins assets in Europe.

Cargill Incorporated’s 17-acre specialty chemical manufacturing facility in Dalton, Georgia, USA has now been acquired by the Aditya Birla Group. With this, the Group aims to expand its U.S. Advanced Materials business.

Solvay’s Linne Herten plant in the Netherlands has chosen BASF as the primary supplier of aluminum chloride. The sourcing of aluminum chloride from India to BASF in Germany is expected to reduce the carbon footprint associated with this raw material by over 50 %.

Almost every sector around the world right from the chemical industry to the aviation industry are looking to decarbonize their operations. New technologies and even sustainable alternatives are being explored for this purpose. Renewable methanol or sustainable methanol is just one of these many new solutions that aims to slash and even eliminate carbon emissions for these sectors.

Henkel has plans to acquire Seal for Life Industries from Arsenal Capital Partners. The firm currently has global operations and has generated sales of approximately 250 million euros last year.