Construction
Sipchem, LyondellBasell collaborate on feasibility for a world-scale mixed-feed cracker in Saudi Arabia
Sipchem and LyondellBasell have been awarded a feedstock allocation from the Ministry of Energy of Saudi Arabia supporting a joint feasibility study for a world-scale mixed feed cracker complex combined with a diversified derivative portfolio.
VDMA valves association market analysis: Industry standstill looms after a strong 2024
The industrial valves industry performed better than expected in 2024 despite adverse conditions. Overall, nominal sales growth of 6% was achieved. While European business declined by 1%, international sales climbed by 11%.
Nextchem to provide technology for Pacifico Mexinol's ultra-low carbon methanol plant (Mexico)
When it initiates operation in 2028, Pacifico Mexinol's facility is expected to be the largest single ultra-low carbon methanol facility in the world, producing approximately 350,000 tpy of green methanol and 1.8 MMtpy of blue methanol from natural gas with carbon capture.
The European chemical industry is becoming extinct: An open letter from INEOS CEO Sir Jim Ratcliffe
The chemical industry in Europe has been hugely important to the success of the European economy over the last century. With revenues of around one trillion euros, it is similar in size to the automotive sector. But chemicals in Europe is facing extinction. Government policies have resulted in enormously high energy prices and crippling carbon tax bills.
KBR awarded PMC contract for $2-B fertilizer plant in Angola
As part of the $2-B project, KBR will provide project management services overseeing engineering, procurement, and construction phases. The facility will produce 2,300-tpd ammonia and 4,000-tpd urea.
LanzaJet, Mitsui & Co. and Cosmo Oil secures government funding for SAF production project in Japan
LanzaJet announced that Cosmo Oil Co. Ltd was selected for a subsidy from Japan’s Ministry of Economy, Trade and Industry to support a SAF project in Japan developed with Mitsui & Co. that will plan to utilize LanzaJet technology.
Air Products exits three U.S. projects, takes write down not to exceed $3.1 B
Air Products announced its decision to exit three projects in the U.S. As a result, Air Products expects to record a pre-tax charge not to exceed $3.1 billion in its fiscal 2025 second quarter, primarily to write down assets and terminate contractual commitments.
HYCO1 celebrates groundbreaking for new DMC/EMC plant in Louisiana (U.S.)
UBE Corporation announced that it held a groundbreaking ceremony for a dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant near New Orleans, Louisiana.
Eni to use Nextchem's gasification technology to produce circular methanol and hydrogen
MET Development (MAIRE), Eni and Iren Ambiente have started the permitting process for an innovative circular methanol and hydrogen production plant at Eni’s refinery in Sannazzaro de' Burgondi (Pavia), Italy. The plant will have capacity of up to 110,000 tpy of methanol and up to 1,500 tpy of hydrogen
OMV Petrom starts construction of sustainable fuels unit at Petrobrazi Refinery
The new sustainable aviation fuel (SAF) and renewable diesel (HVO) unit will have a production capacity of 250,000 tons of sustainable fuels per year, starting in 2028.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
