Pepperl+Fuchs Group (P+F) has acquired Petroleum Safety Products Industries (PSP), formerly known as Govanlndustries Limited, situated in Chennai, south of lndia in June 2015 as a further step towards its future vision of becoming a major player into the Electrical Explosion Protection arena and thereby increase the market share in the entire Process Automation business in the Country.

Omron has showcased its innovative solutions at Automation-2015 going on at Mumbai from 24th to 27th August 2015. In a bid to put forth the ‘Total Omron Strength’, the booth displays all key exhibits of Omron being utilised across many industries in India.

Celanese (Nanjing) Chemical has extended its contract with Nanjing Chengzhi Clean Energy Co. Under the terms of the agreement, the carbon monoxide feedstock will be supplied to Celanese’s acetic acid plant in Nanjing City, Jiangsu Province.

The geospatial analytics firm Satelytics has developed a unique technology that monitors methane emissions and also detects releases or leaks. With this innovation, BP intends to achieve a 50 % reduction in methane intensity of its operations.

Evonik Industries has started up new production plants for C4-based products in the Marl Chemical Park in Germany. First time the company make use of a new process, which utilizes special material streams from refineries for production of C4 chemicals.

Member companies of the Oil and Gas Climate Initiative (OGCI) have stated in an open letter that they will increase their efforts in their respective companies to reduce emissions, continue to support the development of innovative low carbon solutions and also support governments in their green policies.

The International Energy Agency’s (IEA) recent market report ‘Gas 2020’ has predicted that the global gas demand is expected to fall by 4 % in 2020. This is twice the amount lost after the 2008 financial crisis.

Gazprom Neft and Sibur have commissioned the newly built Yuzhno-Priobskiy Gas Processing Plant in the Khanty-Mansi Autonomous Area. It is a part of the West Siberian petrochemical cluster.

Songwon has completed the acquisition of Sequent’s Specialty Chemicals business, including the polymer stabilizer business, the production site in Panoli and the local R&D division. Now, the Koreans have set their sights n the Indian markets.

The company has partnered with ICM and Mitsui & Co. to market Zebrex, a continuous dehydration technology of zeolite membranes that will enable bioethanol producers to save 20 to 30 % of energy consumption.