A metaphor for an obvious, unresolved problem that everyone notices but no one talks about – that’s the famous elephant in the room. In the pharmaceutical industry, one specific topic immediately comes to mind: Annex 1. However, PharmaXchange at Bausch+Ströbel impressively demonstrated that this supposed “elephant” was not ignored here, but rather tamed – and viewed as an opportunity.

Kaust has entered into three strategic MOUs with leading Italian academic and industrial institutions, as well as a new joint scholarship program. These collaborations prove beneficial for international partnerships that support the Kingdom’s scientific and economic transformation. 

Suez has reaffirmed its long-term commitment to China with new collaborative initiatives in the Jiangsu and Shandong provinces. With this move, the company aims to strengthen its cooperation in the country’s water and waste management sectors.

Ta’ziz and The Sanmar Group have entered into two product sale agreement term sheets under which Ta’ziz will supply Sanmar with over 350,000 tonnes per annum of ethylene dichloride and vinyl chloride monomer.

Topsoe’s ammonia loop technology, proprietary catalysts and equipment have been chosen for Synergen Green Energy’s ammonia project in the U.S..Once operational, the project is expected to produce 210,000 metric tons of ammonia annually.

Under a new deal, Stonepeak has plans to acquire a 43.8 % stake in Repsol's Outpost solar project in Webb County, Texas, USA for 252.5 million dollars. With this move, Repsol has plans to advance its renewable energy strategy in the United States.

Under a Venture Framework Agreement signed between Exxonmobil, Aramco, and Samref, all the parties will work together to assess an upgrade of the Samref refinery, in Yanbu, Saudi Arabia as well as an expansion of the facility into an integrated petrochemical complex.

Fluor has secured an engineering, procurement and integrated construction management services contract for Teck Resources’ Highland Valley Copper Mine Life Extension project in Canada.

Akzonobel has successfully completed the sale of Akzonobel India to the JSW Group for a whooping amount of 1.4 billion euros. The transaction includes Akzonobel’s liquid paints and coatings business in India while the India Powder Coatings business and the International Research Center remain under full ownership of Akzonobel.

Johnson Matthey has recently launched its first hydrogen internal combustion engine facility in Gothenburg, Sweden. The company aims to test cutting-edge emission control systems at the unit.