Cepsa will be investing a hefty amount of 3-billion-euros to establish the largest green hydrogen hub in Europe. In addition to this, the firm will invest another 2-billion-euros to develop a 3 GW portfolio of wind and solar energy projects in order to generate renewable electricity for the project.

On its path to becoming a climate-neutral company, OQ Chemicals is switching to electricity from renewable sources at its sites worldwide as part of its ‘reduce’ program.

Chevron Lummus’ EST technology has been selected by Shandong Yulong Petrochemical for a slurry residue hydrocracking unit in Shandong Province, China. Expected to be the largest slurry hydrocracking unit across the globe, it will have a capacity of 3.0 MMTA and produce naptha, diesel and vacuum gas oil.

What do operators of the technology-focused process industry expect from a pump manufacturer? Well, they certainly expect in-depth application knowledge relating to all aspects of central production processes. Industry-specific know-how is and always has been an important driving force behind innovation at Grundfos. Today, other topics like resource efficiency and sustainability are gaining hugely in importance.

Indian Oil has plans to set up the Paradip Petrochemical Complex at Paradip, Odisha in India by investing 7.4 billion dollars, thus, making it the largest-ever investment by the oil major at a single location.

Wuxi STA has launched its second parenteral formulation manufacturing line at its Wuxi site in China. With an annual capacity of 10 million units, the new line has commenced operations and with this move the firm aims to enhance its injectable drug product platform.

With support from the Important Project of Common European Interest (Ipcei) Hy2Tech program, Cummins will expand its existing PEM electrolyzer manufacturing capacity at its Oevel, Belgium factory to 1 GW, thus accelerating the green hydrogen initiative.

Topsoe has recently announced its final investment decision to construct the world’s largest SOEC electrolyzer manufacturing plant in Herning, Denmark. Construction work is set to begin in the second half of 2022 and is expected to have a capacity of 500 megawatt electrolyzers annually.

BASF has recently announced that Marcelo R. Lu, Senior Vice President, Care Chemicals North America, BASF Corporation, will, as President, assume responsibility for the Division South & East Asia, Asean & ANZ, BASF South East Asia, Singapore. While Haryono Lim, Senior Vice President, Senior Project New Verbund Site China, BASF (China) Company, Shanghai, will take over as President, Mega Projects Asia, BASF (China) Company, Shanghai.

China's chemical industry has begun to remove one of the major hurdles to commercialising fuel cell. For the first time, a chemical company in China has succeeded in developing its own process for the production of highly pure by-product hydrogen.