BASF SE (Ludwigshafen, Germany) plans to invest in the expansion of its advanced additives plant at its Nanjing, China site. Driven by the rapidly growing market demand in Asia and beyond, this new expansion includes a state-of-the-art production line for BASF’s high-performance Controlled Free Radical Polymerization (CFRP) dispersants.  MORE

Equinor Energy AS (Stavanger, Norway) has entered into an agreement with Standard Lithium Ltd. (Vancouver, B.C., Canada) to acquire a 45% share in two lithium project companies in Southwest Arkansas and East Texas. Standard Lithium recently commissioned a direct lithium extraction unit in Arkansas, marking a significant milestone for North American lithium production. MORE

Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings Pte. Ltd. The transaction will transfer all of Shell’s interest in Shell Energy and Chemicals Park Singapore to CAPGC.  MORE
 

Last month, the LF AI & Data Foundation (lfaidata.foundation) under the auspices of the Linux Foundation (San Fransciso, Calif.; linuxfoudation.org) launched the Open Platform for Enterprise Artificial Intelligence (OPEA; opea.dev) as its latest Sandbox Project. The initiative is aimed at championing the development of open, multi-provider, robust and composable generative artificial intelligence (GenAI) systems. MORE

Worley Ltd. (North Sydney, Australia) has been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend CCS LLC is a joint venture owned by Chevron, Equinor, and TotalEnergies to develop a carbon capture and storage facility in Southeast Texas.  MORE

Honeywell International Inc. (Charlotte, N.C.) and Weatherford International (Houston) announced a partnership to deliver a comprehensive emissions management solution for the energy industry. The agreement combines Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform, providing customers with a powerful tool to monitor, report, and take measures to help reduce greenhouse gas emissions, flammable hydrocarbons, and other potentially dangerous emissions. MORE