BASF Venture Capital has invested in Prismlab, one of the major providers of 3D printing products and solutions in the country. This is the company’s maiden direct investment in a firm in China.

German pharma giant Merck and generics specialist Dr. Reddy of India have come together to co-develop a portfolio of biosimilar compounds in oncology, primarily focused on monoclonal antibodies (MAbs). The partnership covers co-development, manufacturing and commercialization of the compounds around the globe, with some specific country exceptions.

Located at Dorogobuzh, Russia, the plant was revamped to improve its ammonia production capacity from 1360 MTPD to 2100 MTPD as well as to make it energy efficient. KBR’s KRES technology was used to revamp the project.

BASF and OMV have worked together on an innovative and sustainable technology for producing high-purity isobutene. The novel technology has now been installed at OMV´s new ISO C4 plant in Burghausen, Germany.

Solvay taps into the fast growing Chinese epichlorohydrin market: The company's affiliate Vinythai plans the construction of a new facility for bio–based epichlorohydrin in Taixing, PR China. China's epichlorohydrin market is expected to grow on average by 8% per year, becoming the largest single market in the world, analysts believe.

Air Liquide has successfully completed the first phase of its low-carbon H2 electrolyzer plants in the Tainan Technology Industrial Park, Taiwan. Expected to supply ultra-high purity hydrogen, the project will continue to construct the remaining 5 phases in the next two years.

European private equity firm Permira plans to buy German chemical company CABB: The investor plans to acquire the former Clariant business with operations in Europe and Asia from Bridgepoint for an undisclosed value.

The Indian Oil Corporation Ltd (IOCL) and Odisha Industrial Infrastructure Development Corporation (IDCO) have signed a MOU to develop the Paradip Plastic Park in Odisha. The Minister for Petroleum and Natural Gas & Steel along with the Chief Minister of Odisha witnessed the signing of the MOU.

Bentley Systems’ acquisition of Seequent, the global leader in 3D modeling software for Geosciences, is expected to deepen the potential of infrastructure digital twins which will enable the company to understand and mitigate environmental risks, advancing resilience and sustainability.

Speciality chemicals company Lanxess announced investments of € 30 million in a tire rubber facility at Port Jérôme, France until 2015. The site, that celebrates its 50th anniversary in 2012 shall undergo productivity and energy efficiency upgrades, the company said.