BASF Coatings has increased its production capacity for polyester and polyurethane resin at its Caojing plant in Shanghai, China with an aim to meet the growing demand for automotives in the Asia Pacific region.
Invenergy’s first clean hydrogen project, the Sauk Valley Hydrogen facility in Rock Falls, Illinois, USA has reached commercial operations. The project is expected to produce up to 40 metric tons of clean hydrogen annually with the capacity to store up to 400 kilograms of clean hydrogen on site.
Arkema has chosen the La Défense area in France as its new headquarters. With the new premises, the company intends to combine quality of life at work with collective performance.
BMW has partnered with Neste for supplying renewable diesel for the initial fill of BMW’s newly-produced vehicles in Germany. With this, Neste's renewable diesel will be used in the BMW plants in Munich, Dingolfing, Leipzig, and Regensburg.
Wacker has entered into a long-term agreement with Aymium to secure biogenic carbon for its silicon production in Holla, Norway. With this move, the company aims to replace coal for the production process.
Perstorp’s animal nutrition plant in Waspik, the Netherlands has recently announced that it has achieved zero greenhouse gas emissions by reducing its direct emissions (Scope 1& 2) over the year 2024.
Accelera has entered into a MOU with Gail to explore opportunities in hydrogen production, blending, transportation and storage. The two companies also intend to assess and develop projects for hydrogen applications across multiple sectors such as transport, power and steel.
Under an agreement signed between both the parties, RWE will build as well as operate a 300 MW electrolyzer to produce green hydrogen and Total Energies will supply 30,000 tons a year of green hydrogen to the Leuna refinery in Germany for fifteen years.
Accelerating the renewable energy transition is no longer a choice, industries will have to pick up pace and significantly adopt clean as well as sustainable solutions in the coming years in order to reach net zero emissions by 2050 or all of us could potentially be staring at doomsday.
Dow has invested in Xycle, a Netherlands-based leader in chemical recycling technology. The move is in line with the company’s goal of accelerating a circular economy for plastics.