Fluor Corporation has been awarded a feed contract by America First Refining to carry out front end engineering and design for USA’s first new refinery to be developed in more than 50 years.

Today, the world is witnessing a deepening energy crisis. The Iran–US war has exposed the vulnerability of the global oil, gas, and petrochemicals industry. Its impact is not confined to one region—it has triggered a domino effect across continents.

With an aim to accelerate Asahi Kasei’s efforts to build a global specialty pharmaceutical platform, the company has successfully completed the acquisition of Aicuris, a German-based biopharmaceutical company.

With an aim to strengthen its leadership in plastic additive solutions, BASF has plans to expand its production capacities for both standard and Nor Hals products. With the advanced Nor Hals platform, BASF addresses the key megatrends in the use of plastics: rising UV radiation, increasingly unpredictable weather conditions, and stricter environmental regulations.

Brunei Fertilizer Industries has awarded a feed contract to Thyssenkrupp Uhde for the expansion of its ammonia handling and export infrastructure. The project comprises the design of a new cryogenic ammonia storage tank and the development of a dedicated ammonia export facility.

Evonik has launched an ‘Innovation Factory’ which aims at accelerating the transition of technological breakthroughs into industrial applications. The new initiative has a clear mandate: innovation with speed, market focus, and application relevance.

With an aim to strengthen its leading global position in the vegetable seed market, BASF Agricultural Solutions has plans to invest 40 million euros for modernizing and expanding its seed processing facilities in Nunhem, Netherlands.

Solvay has extended its global framework agreement with IMI to accelerate the deployment of connected industrial sensors across its global manufacturing sites. With this move, Solvay aims to improve cost-efficiency, safety and environmental performance of its operations.

Air Liquide has plans to build, own and operate two new industrial gas production units in Hiroshima, Japan under a long-term agreement. The facilities will aim to provide the industrial gases essential to produce next generation AI chips.

Akzonobel has plans to sell Akzo Nobel Pakistan to IGI Investments, part of the Packages Group, one of Pakistan’s most diversified conglomerates for approximately 50 million euros.