http://www.hydrocarbonprocessing.com Hydrocarbon Processing Dow forecasts sales below estimates, slashes dividend as downturn takes a toll http://web1v10.hydrocarbonprocessing.com/news/2025/07/dow-forecasts-sales-below-estimates-slashes-dividend-as-downturn-takes-a-toll/ Dow halved its dividend and forecast third-quarter revenue below analysts' expectations as the chemicals maker navigates a prolonged downturn in the industry, sending its shares down nearly 10% in premarket trading. German chemical lobby VCI sees no sector recovery before 2026 http://web1v10.hydrocarbonprocessing.com/news/2025/07/german-chemical-lobby-vci-sees-no-sector-recovery-before-2026/ Germany's chemical industry lobby VCI does not expect a sector upswing before 2026, even though the rapid downtrend the chemical-pharmaceutical industry has seen in recent years seems to be over. deugro completes another equipment shipment for INEOS' Project One project in Belgium http://web1v10.hydrocarbonprocessing.com/news/2025/07/deugro-completes-another-equipment-shipment-for-ineos-project-one-project-in-belgium/ As part of its ongoing deliveries for INEOS Project One—one of the most energy-efficient and raw-material-efficient olefin complexes in Europe— deugro successfully completed yet another shipment from the UAE and Oman to the Port of Antwerp, Belgium. LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China http://web1v10.hydrocarbonprocessing.com/news/2025/06/lyondellbasells-polyolefin-technologies-selected-by-shccig-yulin-for-petrochemicals-complex-in-china/ LyondellBasell announced that SHCCIG Yulin Chemical Co., Ltd. will license four key technologies for a major new petrochemical complex in Yulin City, Shaanxi Province, China. Germany's VCI says chemical sector sales grew 1.8% in Q1 of this year http://web1v10.hydrocarbonprocessing.com/news/2025/05/germanys-vci-says-chemical-sector-sales-grew-18-in-q1-of-this-year/ Quarterly sales in Germany's chemical industry grew 1.8% from last year, helped by higher demand and pull-forward effects from U.S. customers stocking up Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada http://web1v10.hydrocarbonprocessing.com/news/2025/04/dow-chemical-delays-construction-on-multi-billion-dollar-path2zero-project-in-fort-saskatchewan-alberta-canada/ After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada. Indian Oil Corp to build $7.1-B dual-feed cracker in Odisha state http://web1v10.hydrocarbonprocessing.com/news/2025/04/indian-oil-corp-to-build-71-b-dual-feed-cracker-in-odisha-state/ Indian Oil Corp will build a $7.1-B, 1.5-MMtpy dual-feed naphtha cracker near its Paradip refinery in Eastern Odisha state, Lummus completes successful startup of electric heater demonstration unit http://web1v10.hydrocarbonprocessing.com/news/2025/04/lummus-completes-successful-startup-of-electric-heater-demonstration-unit/ Lummus Technology announced the successful startup of its SRT-e™ commercial demonstration unit. The milestone validates the heating system components and controls at a commercial scale. Scaling pyrolysis: A critical step toward plastic circularity http://web1v10.hydrocarbonprocessing.com/magazine/2025/march-2025/trends-and-resources/scaling-pyrolysis-a-critical-step-toward-plastic-circularity/ Pyrolysis has potential to process hard-to-recycle plastics and expand the scope of recycling, but scaling up pyrolysis to meet global demand remains a significant challenge. From technical optimization to creating market confidence, addressing these barriers is essential if pyrolysis is to reduce plastic pollution and advance circularity.  Braskem Siam partners with Mitr Phol Bio Fuel to use ethanol to produce bio-ethylene/polyethylene http://web1v10.hydrocarbonprocessing.com/news/2025/03/braskem-siam-partners-with-mitr-phol-bio-fuel-to-use-ethanol-to-produce-bio-ethylenepolyethylene/ Braskem Siam and Braskem signed a Letter of Intent with Mitr Phol Bio Fuel to supply agricultural-based ethanol for the production of bio-ethylene and bio-based polyethylene