Economics
Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.
BASF Monomers achieves a key sustainability milestone: certified sustainable products now globally accessible
With its MDI production site in Geismar, Louisiana, (U.S.) joining the ranks of ISCC PLUS and REDcert2-certified locations, BASF can now offer its customers regionally produced ISCC PLUS and/or REDcert2 certified isocyanates and polyamides all over the world.
Linde Engineering to supply ASU and nitrogen wash unit to Australia’s largest urea plant
Linde Engineering has signed a contract for the engineering and procurement of an air separation unit and a nitrogen wash unit for a urea plant in Karratha, Western Australia.
Koch Modular advances clean technology through additional pilot study with ReGen III
Koch Modular Process Systems, a market-leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, announces the commencement of additional pilot testing to expand ReGen III Corp.'s Molecular Separation Unit capabilities.
Montfort in talks with Sinopec for UAE fuel oil facility sale
Geneva-based trading house Montfort Group is in discussion to sell part or all of its refining facility in the UAE to the fuel oil arm of Chinese state giant Sinopec Corp.
Reduced refinery activity puts upward pressure on gasoline and diesel prices
Although U.S. retail average prices for gasoline and diesel are below 2023 prices for this time of year, decreasing regional inventories for the major U.S. refining regions increased retail prices for both fuels last month.
LyondellBasell selects Emerson to modernize automation technology at olefins production plants
Global software and technology leader Emerson has been selected by multinational chemical company LyondellBasell to modernize control systems and software at its Wesseling complex in Germany.
Low volumes and profits herald soft Asia diesel market
Asia's exports of diesel slumped to a multi-year low in February, and while volumes may recover in March on rising shipments from China and India, it's likely prices will come under further downward pressure.
Nigeria's Dangote wants to set up trading arm for Lagos mega refinery
Africa's richest man Aliko Dangote is planning to set up an oil trading arm, likely based in London, to help run crude and products supply for his new refinery in Nigeria.
Thailand-based petrochemical company Indorama Ventures aims to sell assets, list businesses
Thailand-based petrochemical company Indorama Ventures plans to shift away from debt-funded acquisitions and list its businesses to fund growth organically.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
