Symrise is expanding its global manufacturing footprint by investing in additional production capacity for Globalide®, a sustainable musk fragrance ingredient, in India. This investment will strengthen the company’s ability to serve growing customer markets, particularly in Asia, while expanding its Aroma Molecules business. Furthermore, the investment supports Symrise’s ONE Symrise strategy, which focuses on targeted capital allocation, resilient value creation and profitable growth through differentiated ingredients.

Michael Friede, President Scent & Care at Symrise, said, “The investment in our Globalide® production footprint underlines our ambition to strengthen strategic product areas that create tangible value for our customers. With this step we are advancing our Scent & Care portfolio. Also, we are generating additional momentum for Symrise’s growth in line with our ONE Symrise strategy.”

Globalide® Supports Sustainable Fragrance Formulations

As the global fragrance ingredients market evolves, manufacturers increasingly seek ingredients that combine excellent fragrance performance with versatility across applications. In response to this demand, Symrise is investing in additional world-scale production capacity for Globalide® in India. Globalide® is a biodegradable macrocyclic musk ingredient that adds elegant, long-lasting notes to fragrances. Moreover, its properties support fragrance manufacturers in developing more sustainable formulations for a wide range of consumer applications. Dr Keke Hiller, Global President Aroma Molecules at Symrise, said, “With the additional production capacity in India, we are moving closer to the fast-growing markets in Asia while adding another pillar to our long-term global manufacturing footprint. Globalide® combines high fragrance quality with a contemporary profile. Drawing on our product and technology expertise, we help customers develop attractive, future-ready products for consumers.”

Investment Strengthens Global Supply Network

The additional production capacity in India will strengthen Symrise’s global supply network and improve its flexibility in serving customers across key markets. At the same time, the investment will help the company prepare for sustained long-term demand for Globalide®. Consequently, customers will benefit from more flexible and reliable access to this specialty fragrance ingredient, which combines high-quality olfactory performance with broad formulation versatility. As reported by tradingview.com, through this strategic investment, Symrise is reinforcing its position in the specialty fragrance ingredients market while advancing its sustainable product portfolio and supporting future growth in the global fragrance industry.

Enviro Infra Engineers Limited (EIEL), an engineering, procurement and construction (EPC) company in the water and wastewater treatment sector, has strengthened its renewable energy portfolio. Through its subsidiary, Suyog Urja Limited, the company has received a Letter of Intent (LOI) worth ₹228 crore from ARIE Energy LLP for a 100 MW wind power project in Maharashtra.

100 MW Ajani Wind Power Project in Maharashtra

Under the LOI, Suyog Urja Limited will execute turnkey EPC works for the 100 MW Ajani Wind Power Project at Ajani, Taluka Shirur Anantpal, Latur district, Maharashtra. The company must complete the project by 31 July 2027. The order marks another significant step in Suyog Urja’s expansion into wind energy infrastructure. Moreover, it strengthens Enviro Infra Engineers’ efforts to diversify its business and expand its presence in India’s renewable energy sector.

Second Major Wind EPC Order in Recent Months

The latest order follows another significant win in September 2026, when Suyog Urja Limited received an LOI worth ₹224.19 crore from Tata Power Renewable Energy Limited (TPREL). That contract covers turnkey EPC works for the 180 MW NTPC Wind Power Project at Parli, Maharashtra. Together, these two orders highlight the company’s growing presence in the wind EPC segment and its focus on developing large-scale renewable energy infrastructure.

Chairman Highlights Renewable Energy Growth Strategy

Sanjay Jain, Chairman of Enviro Infra Engineers Limited, said, “Ajani Wind Power Project marks our second significant achievement in the wind EPC segment in recent months and is an important milestone in expanding our presence in renewable energy infrastructure. Through Suyog Urja, we are strengthening our capabilities in this space and building a strong foundation for future growth. This order, following our recent win for the 180 MW NTPC Wind Power Project, reflects our focus on scaling our renewable energy business through disciplined execution, technical expertise and the ability to deliver large-scale projects. Together, these achievements reinforce our commitment to contributing to India’s growing clean energy ambitions.”

Strengthening India’s Renewable Energy Infrastructure

The ₹228 crore Ajani Wind Power Project further strengthens Enviro Infra Engineers’ renewable energy portfolio. In addition, the order supports the company’s strategy to build diversified and integrated capabilities across the clean energy infrastructure ecosystem. As per the press release, by securing successive wind EPC contracts, the company is positioning itself to pursue further opportunities in renewable energy while contributing to India’s transition towards cleaner power generation.

Arkema inaugurated the expanded facilities at its Shanghai Research and Development (R&D) Centre in China, strengthening the centre’s role as a global innovation platform supporting the Group’s businesses. The expansion will promote collaboration across technical teams, encourage joint development with customers in China and other Asian markets, and accelerate innovation in advanced and sustainable materials. The investment also aligns with Arkema’s strategy to strengthen its global R&D laboratory network and develop high-performance Specialty Materials for emerging industrial applications.

Arkema Strengthens R&D Capabilities in China

During his visit to China, Thierry Le Hénaff, Chairman and Chief Executive Officer of Arkema, inaugurated the expanded centre alongside the Consul General of France in Shanghai, local government representatives, customers, partners and company management. China is Arkema’s second-largest market and one of the world’s most dynamic innovation hubs. As companies across the country increase their research and development activities, Arkema aims to strengthen its local capabilities and respond more effectively to evolving customer requirements.

Thierry Le Hénaff said, “China is Arkema’s second-largest market and one of the most dynamic innovation hubs worldwide. As industries and customers in China accelerate their R&D efforts, we must continue to strengthen our local capabilities to stay closely aligned with their evolving needs. This upgrade of Arkema’s R&D Center in Shanghai will bring together expertise from across the Group to co-develop with our customers high performance, sustainable Specialty Materials solutions.”

Expanded Centre Builds on 15 Years of Materials Expertise

Arkema established the Shanghai R&D Centre in 2011 as Bostik’s Asia Technology Center, with an initial focus on adhesive solutions. Over the past 15 years, the facility has developed expertise in materials synthesis, formulation development and application-specific validation. This experience has supported innovations for several markets, including high-speed rail, food packaging and sustainable consumer goods.

The latest expansion increases laboratory space by approximately 20%. It also introduces collaborative facilities, including an interactive showroom, where Arkema can demonstrate its Specialty Materials solutions and engage more closely with customers and partners. Furthermore, the expanded centre will bring together expertise from across the Group, supporting the One Arkema strategy and strengthening the company’s position as an innovation partner for advanced materials applications.

Partnerships to Strengthen China’s Innovation Ecosystem

Beyond expanding its laboratory infrastructure, Arkema plans to deepen its engagement with China’s local innovation ecosystem. The company will strengthen collaboration with organisations such as Shanghai Chemical Industrial Park and Green Support Industry (Shanghai) Co., Ltd., which maintain connections with start-ups and emerging technology companies. Through these partnerships, Arkema aims to encourage technology collaboration, identify emerging opportunities and accelerate the development of advanced material solutions.

Arkema Expands R&D Network Across China

Arkema is also advancing R&D investments at other key locations in China to support customers in high-growth technology sectors.

Changshu R&D Centre: Arkema plans to reach a new milestone in modernising and scaling up its battery materials laboratory capabilities, a programme that began earlier in 2026.

Guangzhou: The company is building a One Arkema laboratory focused on serving customers in the electronics and battery sectors.

These initiatives will complement the expanded Shanghai facility and strengthen Arkema’s ability to support customers through locally accessible research, technical expertise and application development.

Global Research Network Supports Sustainable Innovation

Arkema continues to strengthen its global R&D network by combining expertise from its Chinese facilities with capabilities at research centres across Asia, Europe and the United States. By expanding laboratory infrastructure, fostering customer partnerships and investing in strategic technology areas, the company aims to accelerate the development of high-performance, sustainable Specialty Materials. As per company press release, these investments will help Arkema respond to evolving industrial needs and reinforce its global innovation capabilities.

Oswal Pumps Ltd announced plans to establish a 1.2 GW solar cell manufacturing facility based on Tunnel Oxide Passivated Contact (TOPCon) technology. The investment will strengthen the company’s backward integration strategy and expand its presence across the solar manufacturing value chain. The company’s board of directors has approved the proposed facility through its wholly owned subsidiary, Oswal Solar Energy Pvt Ltd (OSEPL). Oswal Pumps expects commercial production to begin by April 2028.

TOPCon Facility to Strengthen Solar Manufacturing Integration

Oswal Pumps currently manufactures solar pumping systems, solar modules and electric motors in India. By adding solar cell manufacturing to its operations, the company aims to improve control over production costs, product quality and supply timelines. The company plans to use the facility’s entire output for captive consumption at OSEPL’s in-house solar module manufacturing lines. This approach will help secure a reliable supply of domestically manufactured cells that meet Domestic Content Requirement (DCR) norms. Furthermore, in-house cell production will reduce the company’s exposure to spot-market price fluctuations and supplier-driven commercial terms. It will also extend OSEPL’s value addition beyond solar module assembly into cell manufacturing, potentially improving cost competitiveness and consolidated profitability over time.

₹456 Crore Investment to Fund the Project

Oswal Pumps estimates the total project cost at approximately ₹456 crore. The company proposes to finance the investment through debt and the redeployment of unutilised initial public offering (IPO) proceeds.

The proposed funding structure includes:

Debt financing: Approximately ₹296 crore.

Unutilised IPO proceeds: Approximately ₹159.85 crore.

The company plans to redirect the IPO proceeds, originally earmarked for its aluminium frame facility, the remaining 300 MW of EVA encapsulant capacity and the remaining 500 MW of solar module capacity, towards the proposed solar cell manufacturing project by FY2028.

Solar Cell Capacity to Meet 75% of Internal Requirements

The proposed 1.2 GW facility is expected to meet approximately 75% of OSEPL’s total solar cell requirements. The company will continue to source the remaining requirement from external suppliers in the near term. Oswal Pumps currently operates a 570 MW solar module manufacturing line and has an additional 1 GW of module capacity under construction. Therefore, the proposed cell facility will support its broader manufacturing expansion and help align upstream cell production with its solar module operations.

TOPCon Technology to Support Higher-Efficiency Solar Cells

Vivek Gupta, Chairman and Managing Director of Oswal Pumps Ltd, said, “Bringing cell manufacturing in-house gives us greater control over quality, cost and timelines. With ALMM List-II now in force, demand for domestically manufactured cells is set to rise sharply. We see this as the right opportunity to invest. Choosing TOPCon technology ensures we are building for the future, with higher efficiency and better long-term performance for our customers.” The company expects the growing emphasis on domestically manufactured solar cells, including requirements under the Approved List of Models and Manufacturers (ALMM) framework, to support demand for local production. As reported by pv-magazine-india.com, by adopting TOPCon technology, Oswal Pumps aims to strengthen its manufacturing capabilities while positioning itself to serve India’s expanding solar energy market. The investment could also improve supply-chain resilience and enhance the company’s competitiveness in government-supported solar programmes.

India’s battery energy storage system (BESS) sector is poised for rapid expansion, with cumulative installed capacity projected to increase from 6.3 GWh in FY26 to 302 GWh by FY32. According to a report by Nuvama, the sector will grow at a compound annual growth rate (CAGR) of 91% during this period, driven by rising demand for renewable energy integration, grid stability and round-the-clock power supply. Annual BESS capacity additions are expected to increase from 5.7 GWh in FY26 to 56 GWh by FY32. This growth highlights the increasing importance of energy storage in supporting India’s energy transition and improving the reliability of renewable power.

India’s BESS Demand Creates Opportunities for Domestic Manufacturing

India will require 236 GWh of BESS capacity by FY32 and 1,840 GWh by 2047. However, imports currently meet approximately 89% of the country’s BESS requirements, according to the Nuvama report. This dependence on overseas suppliers creates opportunities for domestic manufacturers as battery costs decline and demand increases. The potential introduction of a framework similar to the Approved List of Models and Manufacturers (ALMM) for solar equipment could support local production and strengthen the domestic battery supply chain. Although lithium-ion technology currently accounts for 98% of the BESS market, the report also identifies opportunities in sodium-ion batteries. In addition, the China+1 supply-chain strategy could encourage manufacturers to diversify production and expand their presence in India.

BESS Manufacturing Economics and Investment Potential

Nuvama identifies cell-to-pack manufacturing as an attractive investment opportunity, particularly in the commercial, industrial and retail segments. According to the report, these segments offer spreads of $18–23 per kWh and EBITDA margins of 17–20%. In comparison, the utility segment generates a lower spread of approximately USD 8 per kWh and an EBITDA margin of 9%. Nevertheless, the utility segment offers an estimated payback period of one to two years. The report also highlights differences in investment returns across manufacturing models. Integrated BESS manufacturing is estimated to deliver an internal rate of return (IRR) of 12%, while cell-to-pack manufacturing could generate an IRR of 31%.

Capital Expenditure and Government Support

Domestic BESS manufacturing requires capital expenditure of approximately $80 million per GWh, according to Nuvama. However, government incentives and competitive manufacturing costs could improve India’s position in the global market. The report highlights the production-linked incentive (PLI) support of ₹181 billion for 50 GWh of battery manufacturing capacity. Combined with competitive labour costs, greater localisation and economies of scale, this support could improve manufacturing competitiveness. Consequently, policy support and expanding domestic production could help India develop integrated BESS manufacturing capabilities and strengthen its export potential. As reported by knnindia.co.in, India’s rapidly growing energy storage requirements, government support and investment in domestic manufacturing could position BESS as a key driver of the country’s renewable energy ecosystem. For manufacturers and investors, the sector offers potential opportunities across battery production, system integration and energy storage deployment.

India and the European Union (EU) have agreed to strengthen technical cooperation on carbon markets and discuss the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM). The discussions took place in New Delhi between Pankaj Agarwal, Secretary, Ministry of Power, and Gerassimos Thomas, a European Commission official. During the meeting, both sides explored opportunities to collaborate on carbon pricing, emissions monitoring, verification systems and capacity building. These discussions aim to support the development of carbon markets and improve technical coordination on climate-related policies.

India Highlights Progress Under Carbon Credit Trading Scheme

During the discussions, India highlighted the progress of its Carbon Credit Trading Scheme (CCTS), including the notification of emission-intensity reduction targets for 490 industrial units. The scheme aims to encourage industries to reduce emissions by establishing a framework for carbon credit trading. Furthermore, these efforts form part of India’s broader approach to advancing industrial decarbonisation and developing a domestic carbon market.

Non-Fossil Energy Capacity Reaches 308 GW

India also highlighted the growing contribution of non-fossil energy sources to its electricity sector. According to the figures shared during the meeting, non-fossil sources account for 308 GW of the country’s total installed electricity generation capacity of 558 GW. This expansion supports India’s efforts to diversify its energy mix and reduce the carbon intensity of economic activity.

India and EU Discuss CBAM Implementation

The EU acknowledged India’s progress in developing its domestic carbon market. Both sides also discussed the implementation of the Carbon Border Adjustment Mechanism, which is designed to address carbon emissions associated with certain imported goods. Given the implications of carbon pricing and emissions reporting for international trade, technical cooperation could help improve understanding of monitoring, reporting and verification requirements. India and the EU agreed to continue technical discussions on CBAM implementation and related climate policies. As reported by esgworldwide.org, the continued dialogue is expected to support cooperation on carbon markets while addressing the technical challenges associated with industrial emissions and cross-border trade.

Shankar Sharan assumed the role of Managing Director at ONGC Petrochemicals Marketing Limited (OPML). With more than three decades of experience at Oil and Natural Gas Corporation Limited (ONGC), Sharan brings extensive expertise in production, engineering, marketing and downstream operations to his new role.

Over Three Decades of Experience at ONGC

Before joining OPML as Managing Director, Sharan served as Group General Manager at ONGC, where he held senior responsibilities across several operational and business functions. He joined ONGC in November 1991 and has since built a career spanning more than 30 years in the oil and gas industry. His experience across production, engineering, marketing and downstream operations is expected to support his leadership of the newly established petrochemicals marketing entity.

OPML to Integrate Petrochemical Marketing Activities

ONGC Petrochemicals Marketing Limited is a joint venture between ONGC, Mangalore Refinery and Petrochemicals Limited (MRPL), and ONGC Petro-additions Limited (OPaL). The company aims to integrate and streamline the ONGC Group’s petrochemical marketing and trading activities through a unified platform. Consequently, OPML is positioned to coordinate the marketing, distribution and trading of petrochemicals and related products across the group.

Leadership Appointment Supports Petrochemical Business Integration

Sharan’s appointment comes as the ONGC Group establishes a dedicated entity to strengthen coordination across its petrochemical business. As reported by veloxxmedia.com, by consolidating marketing and trading activities, OPML aims to support a more integrated approach to product distribution and commercial operations. His leadership will be important as the company develops its role within the group’s petrochemical value chain and advances its objective of creating a unified marketing and trading platform.

N.A.N. Silox GreenMet appointed Vijay Pasupathy as its Chief Executive Officer (CEO) as the company advances plans to establish a ₹1,400 crore lithium-ion battery recycling and critical metals recovery facility in Andhra Pradesh. The company also secured Consent to Establish approval and is preparing to begin construction at the project site. The appointment marks an important step in the company’s expansion into battery recycling and critical minerals recovery. In addition, N.A.N. Silox GreenMet plans to strengthen its downstream capabilities by entering the manufacturing of precursor cathode active material (pCAM) and cathode active material (CAM).

Vijay Pasupathy to Lead Plant Development and Expansion

As CEO, Vijay Pasupathy will oversee the construction and commissioning of the company’s upcoming facility at Naidupeta, Andhra Pradesh. He will also lead the joint venture’s downstream expansion into pCAM and CAM manufacturing. These materials play a critical role in lithium-ion battery production. Therefore, the planned expansion aims to create a more integrated value chain in which recovered critical metals can support domestic battery material manufacturing.

₹1,400 Crore Facility to Strengthen Battery Recycling in India

Naivedya Agarwal, Director and Co-founder of N.A.N. GreenMet, said, “We are delighted to welcome Vijay as CEO alongside a heavily experienced operational leadership team at this pivotal stage. With groundbreaking underway at Naidupeta, our downstream pCAM and CAM expansion will ensure that critical minerals recovered in India are processed further and reused to build new batteries domestically.” The project is expected to support India’s efforts to recover valuable materials from end-of-life lithium-ion batteries and reuse them in domestic manufacturing. Furthermore, integrating recycling with downstream material production could help strengthen the country’s battery supply chain and reduce dependence on external sources of critical minerals.

Facility to Process 40,000 Tons of Battery Material Annually

N.A.N. Silox GreenMet is a 50:50 joint venture between Indian industrial platform N.A.N. GreenMet and Belgium-based Silox Group. The proposed Naidupeta facility is designed to achieve the following annual processing capacities:

Battery shredding: 40,000 tonnes per annum.

Hydrometallurgical processing: 20,000 tonnes per annum.

The company plans to deploy the facility in phases, with hydrometallurgical processing enabling the recovery of valuable metals for the production of battery-grade metal salts. As reported by autocarpro.in, by combining battery recycling with plans for pCAM and CAM manufacturing, N.A.N. Silox GreenMet aims to develop a broader critical materials platform that supports battery manufacturing and resource circularity in India.

Topsoe, a global provider of advanced energy transition solutions for clean and conventional fuels and chemicals, signed a technology licensing agreement with Bharat Petroleum Corporation Limited (BPCL) to support sustainable aviation fuel (SAF) production in India. Under the agreement, Topsoe will provide its Kerosene Hydrotreating Technology to enable SAF co-processing at BPCL’s Mumbai Refinery.

BPCL to Upgrade Existing Kerosene Hydrotreater Unit

As part of the project, BPCL will revamp its existing kerosene hydrotreater unit, which has a capacity of 4,000 metric tonnes per day. The upgraded unit will co-process 5% renewable feedstock, derived from used cooking oil, alongside conventional feedstock to produce SAF. By adopting Topsoe’s kerosene hydrotreating technology, BPCL can produce sustainable aviation fuel using its existing refinery infrastructure. Consequently, the company can avoid building a new, dedicated SAF production unit. The project also strengthens the long-standing partnership between Topsoe and BPCL, which spans more than two decades.

Commissioning Expected by the End of 2026

Following the final investment decision, BPCL has already begun work on the refinery upgrade. The company expects to commission the revamped facility by the end of 2026. Once operational, the facility will supply SAF to airlines refuelling international passenger flights at Indian airports. This development will also support India’s efforts to establish a domestic sustainable aviation fuel ecosystem.

Supporting India’s Sustainable Aviation Fuel Targets

As per the press release, India is preparing its aviation sector for compliance with the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) from 2027. Meanwhile, the country has established SAF blending targets of 1% for international flights by 2027, 2% by 2028 and 5% by 2030. In this context, the BPCL–Topsoe collaboration represents an important step towards increasing domestic SAF production. Furthermore, co-processing renewable feedstocks with conventional fuels offers refiners a practical pathway to introduce sustainable aviation fuel production while utilising existing infrastructure.

Topsoe and BPCL Highlight the Project’s Significance

Alok Verma, Managing Director, Asia Pacific, Topsoe, said, “India is an important and growing market for sustainable aviation fuel, and we are pleased to support Bharat Petroleum in taking this step towards increasing its SAF production capacity. This project demonstrates how Topsoe’s technology can provide a practical route for refiners to begin SAF production, without significant modifications to existing infrastructure, while at the same time the co-processing of conventional and renewable feedstocks increases flexibility for fuel producers.”

Sankar M, Executive Director, Mumbai Refinery, BPCL, said, “As India advances its journey towards Net Zero emissions in Scope 1 and Scope 2 by 2040 and accelerates its energy transition, Sustainable Aviation Fuel will play a pivotal role in decarbonising the aviation sector. We are pleased to further strengthen our collaboration with Topsoe, whose proven technology will support BPCL in expanding its SAF production capabilities. This project marks an important step towards building a robust domestic SAF ecosystem, strengthening India’s energy security and enabling a cleaner and more sustainable future for air transport.”

Honeywell Technologies will provide advanced process technologies, licensing, engineering, proprietary equipment, catalysts and technical support to help Hengyi Industries improve operational efficiency and reliability while increasing higher-value petrochemical production at its Pulau Muara Besar (PMB) facility in Brunei. The collaboration will support Phase II of the PMB petrochemical project, which includes major hydrocracking, aromatics and dehydrogenation units. Once completed, Phase II is expected to expand the facility’s crude-processing capacity to approximately 20 million metric tonnes per year.

Advanced Technologies to Boost Petrochemical Production

Honeywell Technologies UOP will deploy a portfolio of process solutions to support the expansion. These technologies are designed to help Hengyi improve refining performance, optimise feedstock utilisation and increase the production of higher-value petrochemicals.

The planned technology deployment includes:

CCR Platforming™: Supports catalytic reforming and the production of high-value products.

Unicracking™: Enables hydrocracking to convert heavier feedstocks into more valuable products.

Unionfining™: Supports feedstock treatment and refining processes.

Butamer™ and C4 Oleflex™: Provide solutions for relevant refining and petrochemical processing applications.

Parex™ technology: Forms part of a comprehensive aromatics complex using light desorbent technology.

Together, these solutions will support the development of large-scale hydrocracking, aromatics and dehydrogenation facilities, strengthening PMB’s integrated refining and petrochemical operations.

Honeywell Builds on Phase I Collaboration

Honeywell Technologies and Hengyi Industries have already collaborated on Phase I of the PMB project. During this stage, Honeywell supplied process technologies, engineering design, key equipment, catalysts and adsorbents, operator training, and technical services for start-up and ongoing operations. Building on this experience, the companies aim to strengthen operational performance and improve the integration of refining and petrochemical production during Phase II.

Rajesh Gattupalli, President of Honeywell Technologies UOP, said, “With more than 100 years in the energy sector and technologies deployed in hundreds of aromatics complexes and process units, we help refining customers get more from their existing assets, feedstocks and resources. Our solutions are designed to continue in helping PMB improve efficiency and reliability while positioning them to diversify into higher-value petrochemicals to meet evolving market demands.”

Supporting Brunei’s Downstream Energy Industry

The PMB expansion is expected to strengthen Brunei’s ability to derive greater value from its oil and gas resources while expanding its downstream petrochemical industry. According to Chen Liancai, CEO of Hengyi Industries Sdn. Bhd., the successful implementation of Honeywell Technologies’ solutions during Phase I helped strengthen the company’s integrated refining and petrochemical value chain.

He said, “The successful implementation of Honeywell Technologies solutions in Phase I helped Hengyi further strengthen its integrated refining and petrochemical value chain while supporting Brunei’s efforts to create greater value from its oil and gas resources and expand downstream industries. We believe deeper cooperation between our companies will support the development of Brunei’s energy and petrochemical sector while creating value for regional economic growth.”

Strengthening Integrated Refining and Petrochemical Operations

Through Phase II, Hengyi Industries aims to expand its production of higher-value petrochemicals while improving efficiency and reliability across its operations. Meanwhile, Honeywell’s process technologies and engineering expertise will support the development of large-scale refining and petrochemical facilities. As per the press release, the collaboration highlights the growing importance of advanced process technologies in helping refiners optimise resources, diversify product portfolios and strengthen their position in global petrochemical markets.