Economics
Kuwait's KIPIC in talks with potential partners on petrochemicals complex
State-owned Kuwait Integrated Petroleum Industries Company is in early talks with companies to partner on an integrated petrochemicals complex worth up to $9.70 B.
LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling
Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.
Yara and Navigator invest in Azane to build ammonia bunkering network
Yara Growth Ventures AS, the venture investment arm of Yara International ASA, and Navigator Holdings Ltd. today announced that they have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions AS.
Clariant and Technical University of Munich celebrate renewal of sustainability and catalysis alliance “MuniCat”
Clariant and Technical University of Munich have renewed their long-term strategic alliance in the field of research and application of new catalyst systems.
New acrylic resin material for automotive bodies under joint development with Honda
The Mitsubishi Chemical Group is pleased to announce that it and Honda Motor Co., Ltd. are jointly developing PMMA material for automotive body parts.
thyssenkrupp Uhde awarded contract by ENOWA to supply a green methanol and methanol-to-gasoline plant
thyssenkrupp Uhde has been awarded a contract by ENOWA, NEOM’s energy and water company, for engineering services and the supply, design and procurement of equipment for a new CO2-to-methanol and methanol-to-gasoline demonstration plant at ENOWA’s Hydrogen Innovation and Development Center in Saudi Arabia.
Neste sees Singapore green jet fuel sales picking up from Q2 2024
Finland's Neste beat third-quarter core earnings forecasts and said SAF sales from its new Singapore facility would pick up from the second quarter of next year.
Axens, IFPEN, and JEPLAN commence operations at the Rewind PET facility in Japan for PET chemical recycling
Axens, IFPEN and JEPLAN entered into a partnership in 2020 to develop and license an innovative recycling process, called Rewind PET, that can be used to recycle all types of waste Polyethylene Terephthalate, especially those difficult to recycle mechanically.
Ecopetrol CEO says oil industry's future not threatened by energy transition
Colombia's oil and gas industry is not coming to an end due to the transition to cleaner energy in response to a union statement which alleged executive decision-making is threatening the majority state-owned company's future.
Venezuela's PDVSA signs new euro-denominated fuel contracts amid U.S. sanction easing
Venezuela's PDVSA has signed at least two new spot contracts to export fuel oil and asphalt cement, demanding prepayment in euros from customers as the state-run oil company begins to turn to cash sales after the U.S. eased sanctions.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- LanzaJet produces first jet fuel from ethanol at a commercial scale 11/19
- 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
