Under the terms of the technology licensing agreement, Reliance will be provided with an exclusive license for Nel’s alkaline electrolyzers in India and it will also allow Reliance to manufacture Nel’s alkaline electrolyzers for captive purposes globally.

Akzonobel has plans to close three manufacturing sites in The Netherlands, Ireland and Zambia respectively. The move is in line with the company’s strategic priorities and its commitment to industrial excellence.

Four industry players – Arcelor Mittal, Mitsubishi Heavy Industries, BHP, and Mitsubishi Development have begun operating a pilot carbon capture unit on the blast furnace off-gas at Arcelor Mittal Gent in Belgium.

Under a definitive agreement between both the parties, Conoco Phillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of 22.5 billion dollars, inclusive of 5.4 billion dollars of net debt.

Suez, a world leader in circular and digital solutions for water and waste, has acquired stakes in two North American start-up companies Airex Energy and Subeca.

BASF has successfully inaugurated its second polymer dispersions production line at the Daya Bay site in Huizhou, China. The move is expected to meet the growing demand of high-quality dispersions in the country.

Steriline will be exhibiting its Robotic Vial Filling Machine (RVFM5) along with other technologies at Achema 2024. With these solutions, the firm aims to upgrade its zero-loss philosophy to better meet the sustainability needs of the pharmaceutical industry.

Ohmium has been selected to provide 10 MW PEM electrolyzers to Ivicom, a leading Croatian engineering and construction company that will be developing the country’s first green hydrogen project.

Air Products Membrane Solutions has plans to expand its manufacturing and logistics center in Maryland Heights, Missouri. The new manufacturing facility is expected to be in production by the end of 2025.

Eneos Corporation and Preferred Networks begun continuous autonomous operation of an atmospheric distillation unit for processing crude oil in January 2024. Located in the Eneos Kawasaki Refinery, the atmospheric distillation unit is operated autonomously with an AI system that is capable of automating large-scale and complex operations of oil refinery plants.