With an aim to strengthen and expand its bioenergy business especially in the US, BP has plans to acquire Archaea Energy for 3.3 billion dollars in cash and around 800 million dollars of net debt. The move will assist BP as well as its customers to achieve their respective decarbonization goals.

Competitive Power Ventures (CPV) has plans to develop a ~1,800 MW combined-cycle natural gas power station by making use of carbon capture and storage (CCS). The company has chosen West Virginia in the USA as the site for the project due to the state’s recently expanded 45Q federal tax credit to incentivize carbon capture and sequestration for power generation.

Kraton Corporation has plans to produce up to 100 % ISCC Plus certified renewable Styrenic Block Copolymers at its Berre site in France. The move is part of its Cirkular+ Renew Series and will help the firm to further reduce the carbon footprint of its fossil-based products made at the site by up to 85%.

Saipem and Garbo have joined hands to develop a new plastic recycling technology – Chempet which has the potential to convert polyethylene terephthalate plastic waste, commonly known as Pet, into high-quality Pet for the chemical and food industries.

A subsidiary of CVR Energy will be utilizing Honeywell’s technology to carry out a feasibility study for low-carbon hydrogen production in Coffeyville, Kansas, USA. The aim of the study is to assess the application of carbon capture and hydrogen purification as a potential solution for reducing emissions.

Sasa Polyester Sanayi has selected Honeywell’s Oleflex technology to build the world’s largest propane dehydrogenation unit in Yumurtalık, Turkey. On completion, the facility is expected to produce 1-million-tons of propylene annually.

No-one who deals with highly active substances in OSD development can avoid the issue of containment. However, the smaller scale places different demands on equipment compared to the equivalent steps in production. What do developers need to look out for, and what practical solutions are available? We look for clues between the laboratory and the plant.

The consortium including Neste, Uponor, Wastewise and Borealis have entered into a project to produce cross-linked polyethylene (Pex) pipes from chemically recycled Pex waste. With this project, the consortium is demonstrating that chemical recycling can process hard-to-recycle waste plastic into high-quality polymer products.

The Industry 4.0 platform or the Industrial Internet Consortium? RAMI or IIRA? Observe the standards meticulously or just do it? In the matter of procedures to be followed for manufacturing in the future and the Internet of Things, the differences between Germany and the USA may not be unbridgeable, but they are definitely conspicuous.

With sales of more than 2 trillion euros (2.26 trillion dollars; 2020), China is by far the largest chemical producer in the world. Even though growth has slowed from an average of 8.7 to 5.7 percent in recent years, this figure is still very impressive by global standards. This is also true for investments in property, plant and equipment, which amounted to 115 billion euros in 2020. Based on our China Market Insider series, we have summarized some interesting market trends and developments in China's chemical industry this year.