The large-scale facility is expected to start operations in 2020 and will produce liquid nitrogen, oxygen as well as argon for local customers in the region.

Located in southern Russia, the Group’s 7.5 million dollar facility is expected to produce a capacity of 32,000 tonnes per year. The superior quality carbon dioxide will also be supplied to Coca-Cola systems.

A Global Data report mentions that around 100 plants are expected to be launched in Asia as well as the Middle East in the next nine years. Within Asia, India aims to add a total capacity of approximately 8.6 mtpa by 2026.

The expanded project is expected to increase Neste’s overall production of renewable products by up to 1.3 million tonnes annually and also meet the market demand for these products.

With an aim to support the automotive players in the region and move towards cleaner mobility, the company will be establishing a new plant by the end of 2019 to expand its capacity.

The new joint venture firm will offer superior cyber security services in the region and also support the Kingdom’s Vision 2030 by creating highly skilled jobs for the locals.

Solvay has started hydrogen peroxide production at its new plant in Zhenjiang, China.

On completion, the plant is expected to have a capacity of 100,000 tonnes per year and will be located in Banten, Indonesia.

BASF plans to increase their production capacity for methane sulfonic acid (MSA) at its Ludwigshafen site by around 65 %, thus increasing their global capacity to 50,000 metric tons per year.

Under the agreement, Merck and Kuraray will offer design know-how and manufacturing expertise respectively for improving the drug performance. With this deal, a wide range of PVA polymer grades will be made available in the pharma market.