PARIS, FRANCE: Total SA’s refining and chemicals platform in Antwerp has started up production of ethylene using ethane feedstock, which is extracted from natural gas and is significantly cheaper than oil-derived feedstock. The investment in Antwerp makes the site more flexible and opens access to the most competitive feedstock, it said. Read more.
ESSEN, GERMANY: Evonik Industries AG as a pioneer in digitalization is setting aside €100 million ($113.4 million) and is also entering into a strategic partnership with IBM and University of Duisburg-Essen, aimed at forging ahead with the digital change in the chemical industry. Evonik in early 2017 founded Evonik Digital GmbH to develop and advance ideas in this area. Read more.