Vulcan Energy Resources and Nobian have announced today that they have signed a term sheet for a proposed strategic partnership aiming to jointly develop and operate a lithium hydroxide plant for electric vehicle batteries in Germany. This builds on 15 months of collaboration between the two firms but is not legally binding on the two parties in most respects.

Indian chlor-alkali producer Meghmani Finechem is to spend €21.6 million to expand into the chlorotoluene value chain at its site in Dahej, Gujarat. Due to be commissioned by Q4 2024, this will be the first plant in India to be back-integrated into toluene chlorination, and will produce pharmaceutical and agrochemical intermediates.