With an aim to increase its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030, Adnoc has awarded procurement contracts to leading companies specializing in drilling equipment and services as these are crucial in drilling for oil and gas as well as completing wells. The procurement award for wellheads and related components is worth up to 3.27 billion dollars, making it the world’s largest in this category. In addition, the procurement award for Downhole Completion Equipment and related services is worth up to 2.34 billion dollars, also making it the world’s largest in this category.

Asahi Kasei will make use of Shell’s sustainable butadiene derived from plastic waste and biomass to produce solution-polymerized styrene-butadiene rubber (S-SBR) at its Singapore plant. Shell will produce the green butadiene by a mass balance method in two ways including a method of converting plastic waste into pyrolysis oil and feeding it to the naphtha cracker, and the other is using bio-feedstock as a naphtha cracker feed.

Praxair (China) Investment Company, in a joint venture with Chongqing Chemical and Pharmaceutical Holding Group Company (CCPHC), will supply oxygen, nitrogen and clean dry air to a major integrated chemical production complex in Chongqing (Changshou) Chemical Industrial Park.

Renewable Energy Group (REG) has decided to shut down its 35 million gallon per year nameplate capacity plant located in Houston, USA in November 2021. The reason behind this is its existing lease agreement as well as lack of multi-feedstock processing capability for delivering clean fuels.

The plants will be built at BASF’s Verbund site in Zhanjiang, China and are expected to cater to the global demand for engineering plastics and TPU. The company has plans to invest 10 billion dollars in the Verbund site.

HDF Energy has started the construction of the world’s first baseload renewable energy power plant using hydrogen technology – CEOG in French Guiana. The CEOG Renewstable power plant is expected to supply 100 % renewable, stable and dispatchable power to households without emitting any polluting emissions. Meridiam and Sara are the equity partners for the project.

Thermo Fisher Scientific has developed a new Total Residual Oxidant (TRO) analyzer to address the needs of the wastewater industry, which calls for a robust, dependable instrument capable of reliably measuring low ppb chlorine concentrations in effluent and treated wastewater in line with stringent regulatory requirements.

Clariant will expand its plant in Lewiston and install a new compounding line for pre-colored medical plastic compounds that are supplied under the Mevopur brand name.

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As part of its five-year investment to boost capacity and operational excellence within its global plastics additives business, BASF has awarded Emerson a multi-million-dollar contract to modernize automation software and controllers at its specialty chemical production facility in Lampertheim, Germany. These enhancements are to help the world’s largest chemical manufacturer increase production flexibility and enhance operations.