Kuraray has awarded a 40-million-dollar engineering design contract to Wood for developing a new sustainable packaging production plant in Singapore. Wood will also deliver engineering, procurement and construction management services for the new project.

BASF has plans to sell its flocculants business for mining applications to Solenis. With this divestment, BASF aims to focus on core strategic areas.

Schubert-Pharma presented a new machine for packaging vials at the recently held Achema exhibition in Germany. With this new solution, manufacturers will be able to meet line clearance requirements even more effectively.

SS Royal Kit Emirates Investment has partnered with Global Biopolymers Industries to establish a new venture which will aim at transforming the PLA bioplastics industry. Emirates Biotech will offer a sustainable and circular solution to replace traditional fossil fuel-based plastics.

Air Liquide's innovative CO₂ liquefaction technology called Cryocap LQ has been selected for developing Stockholm Exergi’s Bio-Energy Carbon Capture & Storage project in Stockholm, Sweden. Air Liquide’s Cryocap LQ CO2 liquefaction unit is claimed to be one of the largest in the world with a capacity of 3,500 tonnes per day.

Kuwait Oil Company has awarded KBR with an advisory consulting contract regarding the development of a country wide masterplan for the production of 17 GW of renewables and 25 GW of green hydrogen by 2050.

Yara and Petrobras have entered into a non-binding Master Agreement following a MOU which was signed between both the firms in early 2024. With this move, the companies will jointly finalize the analysis on the potential synergies between their operations, to increase efficiencies in the local fertilizer and industrial products market.

Carbon Capture and Storage (CCS) as well as Carbon Capture and Utilization (CCU) is picking up steam and can be considered as revolutionary solutions that can help hard-to-abate industries to reduce their carbon emissions in the short-to-long term. Both CCS and CCU will play a vital role for these industries as they prepare to reach their goals of meeting net zero emissions by 2050.

The new report published by the Nova Institute highlights that it is crucial to replace fossil-based naphtha with alternative naphtha in refineries and crackers with an aim to defossilize the chemical industry.

The consortium which includes Adnoc, Borealis and Borouge has entered into a Project Collaboration Agreement with Wanhua Chemical to develop a speciality polyolefins complex in the Fujian Province in China. The project is expected to produce 1.6 million tonnes per annum of speciality polyolefins.