In December 2024, the Maag Group acquired the petrochemical product portfolio, in particular the centrifugal dryers, and the corresponding technologies from Carter Day International.

The World Future Energy Summit 2025 was held from January 14 – 16 at the Abu Dhabi National Exhibition Centre in Abu Dhabi, UAE. Industry experts appealed for a surge in new tech and global climate change ambitions at the three-day event.

Trafigura and CF Industries have announced that the Green Power Medium Gas Carrier which was loaded with ammonia and propane in separate tanks has completed a single voyage from the US to Europe.

Adnoc has partnered with Germany’s Enbw Energie Baden-Württemberg for a sales and purchase agreement for the Ruwais LNG Project. The agreement marks the third sales and purchase agreement for the low-carbon project.

Energyai, claimed to be the world’s first-of-its-kind agentic artificial intelligence solution for the energy sector, has successfully completed trial. The results of the trial delivered promising real-world results, including a 70 % improvement in accuracy in major seismic interpretation aspects and significant improvements in advanced reservoir monitoring and anomaly detection.

Dupont has provided an update on the separation plans of its Electronics business. The company is targeting November 1, 2025 to complete the transaction and also intends to retain its water business.

Monique Buch has been appointed as Covestro’s new Chief Commercial Officer. She will be taking over the post from Sucheta Govil by 1st June 2025. Sucheta Govil has been Covestro’s CCO since 2019.

Taiwan Mitsui Chemicals and NPC have plans to put in efforts to develop the market for biomass-based plastic products. Under this initiative, NPC will procure biomass-based acetone produced by Mitsui Chemicals and use it to manufacture biomass-derived bisphenol A in Taiwan.

Ashland has entered into a definitive agreement to sell its Avoca business to Mane. Ashland's Avoca business supplies Sclareolide, a fragrance fixative, and a range of contract manufacturing capabilities from two production facilities in North Carolina and Wisconsin.

Asahi Kasei has secured government support to expand its manufacturing capacity for cell frames and membranes of alkaline water electrolyzers for the production of green hydrogen at its plant site in Kawasaki, Japan.