With this new collaboration, Perstorp aims to produce 50,000 tonnes per year and is also planning to increase the production beyond 100,000 tonnes in the future.

Technip completes acquisition of Hummingbird technology from BP Chemicals Limited, a second generation ethanol to ethylene technology. The technology is lower cost and simpler compared to first generation technologies.

Maire Tecnimont has signed several agreements during the St. Petersburg International Economic Forum (SPIEF) 2016.

GE’s Distributed Power business announced that the Italian company AB has purchased 115 of GE’s high-efficiency Jenbacher Type 3 and Type 4 biogas engines.

BOC India, a member of The Linde Group, has announced the commissioning of its Helium transfill station at Taloja. The plant will increase BOC India’s market share in Helium significantly and is expected to supplement BOC India's current Specialty gases portfolio.

The Supervisory Board of Covestro has approved an investment of around $ 1.7 billion to build a new world-scale MDI plant in Baytown, USA. This investment at the existing site in Baytown is the largest single investment in the history of the company.

Materials manufacturer Covestro announced the expansion of their production capacity of the foam component MDI at the site Brunsbüttel.

Uniper and the Port of Rotterdam Authority have commenced a feasibility study regarding the construction of a green hydrogen plant at Maasvlakte in Rotterdam, the Netherlands. Once the study is complete, the partners are expected to develop a 100 MW plant which will later be expanded to 500 MW.

With an investment of around 12 million dollars, Lanxess’ newly inaugurated plant is capable of breaking down around 500 metric tons of nitrous oxide per year which equivalents to 150,000 metric tons of CO2 in the first phase. A second plant is also being planned which is expected to further reduce another 300,000 tons of CO2 equivalents.

The growing global plastics sustainability movement is one of the biggest potential disruptors for the plastics industry and is putting future plastics resin demand and billions of dollars of industry investments at risk, IHS Markit says.