Evonik Industries AG has successfully acquired German biotech company JeNaCell. This acquisition is projected to expand the company’s biomaterials portfolio to provide biotechnologically derived cellulose. The company further plans to double its share in Nutrition & Care system solutions by 2030. JaNaCell has made a material based on natural ingredients for utilization in dermatology.
The Dow Chemical Company has joined Shell to develop ethylene steam crackers, which supplies chemicals used to make products that are used by customers every day. Additionally, the company has completed the manufacturing of an e-cracking furnace which is being utilized at Energy Transition Campus Amsterdam.
Author Credits: Smruti Ranjan, Rajrani Baghel