Business Roundup

Perstorp has parted ways with CEO Ib Jensen as the firm integrates into Petronas Chemicals after their 2022 merger. Gorm Jensen, an executive vice president at Petronas, will lead the Perstorp division as managing director. Evonik Industries and Oerlikon Barmag, a German machinery maker, are collaborating on a technology for depolymerizing polyethylene terephthalate. The companies hope to launch the process by the end of the decade. Mitsubishi Gas Chemical , the Spanish firm Methanol Reformer, and the hydrogen generation technology company Element 1 will collaborate on methanol reforming technology. The companies hope to accelerate the adoption of methanol-to-hydrogen generators. Sembcorp , a Singapore- based energy company, has struck a deal with the state of Odisha, India, to develop a green hydrogen plant and industrial park. The facility will feature a 720,000- metric-ton-per-year H 2 facility and create over 2,000 jobs, Sembcorp says. Syensqo has deepened its relationship with Ardent Process