Honeywell has successfully purchased Air Products’ LNG Process Technology and Equipment Business for 1.81 billion dollars. The move is in line with Air Products’ goal of focusing on its two-pillar growth strategy to profitably grow its core industrial gases and related equipment businesses, and to deliver clean hydrogen at scale.

Lyten has plans to invest more than 1 billion dollars to develop the world’s first Lithium-Sulfur battery Gigafactory in Nevada, USA. The facility is expected to produce up to 10 GWh of batteries annually at full scale.

PPG has plans to divest its architectural coatings business in the U.S. and Canada to American Industrial Partners for a whooping amount of 550 million dollars. The transaction is expected to close in late 2024 or early 2025.

Lyondell Basell has completed the acquisition of the solvent-based recycling firm APK. With this move, the company aims to produce new high-purity materials that can be used in applications like flexible packaging for personal care products.

Under a new long-term contract between Air Liquide and LG Chem, Air Liquide has plans to invest around 150 million dollars at its Tennessee site in the U.S. with an aim to expand its production capacity and pipeline network. In line with the contract, Air Liquide will supply oxygen to LG Chem for its electric vehicle battery plant.

Seeq has joined hands with Aveva to provide enterprise data management services, analytics and AI. With this partnership, the companies aim to improve data sharing and operations outcome for industrial organizations.

Under a MOU signed between the MOL Group and Turkish Petroleum Corporation, both the firms will work together as strategic partners to explore and produce hydrocarbons.

Kemira’s climate targets have been validated by the Science Based Targets initiative. The company aims to reduce absolute scope 1 and 2 emissions 51.23 % by 2030 from a 2018 base year.

Under a MOU signed between Cepsa and Sonatrach, both the parties will work together to carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria.

Jacobs has been selected by CG Semi for carrying out engineering design for its new outsourced semiconductor assembly and test facility at Sanand, Gujrat in India. On completion, the facility is expected to manufacture a variety of advanced and legacy packages for industries such as automotive, consumer, industrial and 5G.