Yokogawa Electric has taken over the German-based company Insilico Biotechnology with an aim to develop total bioprocess solutions that support biopharmaceutical development and production. Insilico’s innovative digital twin technology is expected to speed up the digital transformation in the bioprocessing industry.

Bristol-Myers Squibb Company has completed divestment of its consumer health business UPSA to Japan-based Taisho Pharmaceutical Co. (Taisho). The move is part of Bristol-Myers’ strategy to restructure its business.

Nouryon has plans to expand its Levasil colloidal silica manufacturing facility in Green Bay, Wisconsin, U.S.A in the background of rising demand from the construction and packaging end-markets in the country as well as across the globe.

Haiwan Chemical Co. has awarded KBR with a technology contract in order to construct a new 320,000 tonnes per annum phenol and acetone plant in China. Under the contract, KBR will provide technology license and basic engineering design as well as technical and training services to Haiwan Chemical.

Saudi Arabia has announced that it intends to become carbon neutral by 2060 and in this background Sabic, the country’s major petrochemicals company has developed a carbon neutrality strategy under which it plans to support its global projects by supplying innovative technologies to achieve this goal.

Operation Clean Sweep (OCS), a global initiative focusing on prevention of pellet loss is working on developing a unified and equitable certification scheme for pellet handlers across the entire value chain in order to achieve zero pellet loss. Under this scheme, audits will be carried out by accredited third parties to establish compliance with OCS requirements. In this background, Borealis has performed third-party external audits at two of its production locations in Kallo and Antwerp, Belgium which will be vital for finalizing the certification scheme.

Petrofac has appointed Mohammed Ghazi Al-Mutairi in Kuwait owing to the numerous projects undertaken by the company in the Gulf country. The petite nation also holds strategic importance for the firm.

Honeywell has partnered with ZoneFlow Reactor Technologies to commercialize the ZoneFlow Reactor Technology, an innovative structured catalyst module used for the production of hydrogen. Claimed to be a revolutionary technology for steam methane reforming, it is capable of producing low-carbon hydrogen more efficiently and is also cost effective.

Lonza has acquired Codiak BioSciences’ exosome manufacturing plant in Lexington, Massachusetts, USA and under the terms of the contract, Codiak will receive approximately 65 million dollars of in-kind manufacturing services for its clinical-stage programs and retain its pipeline of therapeutic candidates and exosome engineering and drug-loading technologies. Both the companies will also develop a Center of Excellence which will focus on exosome manufacturing and characterization technologies.

Maag Industrial released the new F-Series gear pump – the DX ‘Dosix’ with a better dosing accuracy and the FX ‘Flexinox’, the flexible alternative of the existing CX and TX.