Technip FMC currently has a purified terephthalic acid and acetic acid alliance with BP Petrochemicals and has now extended this alliance to BP Infinia Technology. The alliance aims to achieve circularity for difficult-to-recycle PET plastic waste.

Asahi Glass will increase the PVC production capacity in its plant in Vietnam by 50%. Vietnam is the third largest PVC market in Southeast Asia, and the PVC demand is growing at the similar level as the country’s GDP.

Lanxess modernises its synthetic rubber business: after recent plans to introduce an EPDM bioplastic, the company now announced its intention to modernise the future headquarter facility of its global EPDM headquarter in Geleen, the Netherlands.

Petrofac and Danos, a US-based family-owned and managed integrated oilfield services provider, have recently signed a Memorandum of Understanding (MoU). Both the companies are in talks to form a joint venture agreement to attract business opportunities.

At the middle of the year BASF will change the management of its Oil & Gas division. For this reason Mario Mehren will also head the BASF subsidiary Wintershall.

Air Liquide and BASF have recently signed three new long-term contracts in the Antwerp basin (Belgium). Leveraging on five existing onsite production plants in the Antwerp basin, the industrial gases specialist has entered into a new 15-year agreement to renew its airgas supply to existing installations and provide additional oxygen to a new Ethylene Oxide plant to be built by BASF.

Saudi Aramco Energy Ventures has invested in US-based Seeq Corporation which specialises in IIOT advanced analytics software. The software is capable of boosting production in process manufacturing industries such as oil and gas, pharma, chemicals, and so on.

Svante and Chevron Technology Ventures will be carrying out a pre-Feed study in order to assess the viability of a 10,000 tonne-per-year carbon capture plant at Chevron’s California facility. The new plant is expected to be complete this year.

Akzo Nobel's paint and coatings production in the Netherlands is now completely powered by renewable energy. This step is part of the company's aim to become carbon neutral by 2050.

Air Liquide Engineering & Construction has signed an equipment supply contract with Yulin Energy and Chemical Corporation of Shaanxi Yanchang Petroleum Group, a large energy and chemical company in China.