Ethylene
INEOS completes purchase of LyondellBasell's EO&D facility in Bayport, Texas (U.S.)
INEOS Oxide and LyondellBasell completed the sale of LyondellBasell’s ethylene oxide and derivatives (EO&D) business and associated production facilities located in Bayport, Texas to INEOS.
Borouge increases Q1 net profit nearly 40% to $273 MM
Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.
SINOPEC completes its involvement in Kazakhstan's polyethylene project
Prime Minister Olzhas Bektenov of the Republic of Kazakhstan convened a meeting with key leaders from major oil and gas chemical companies focusing on the establishment of an integrated gas chemical complex dedicated to polyethylene production.
Dow and Procter & Gamble to develop a new proprietary recycling technology targeting hard-to-recycle plastic waste
Dow and the Procter & Gamble Company announced a joint development agreement to create a new recycling technology to enable efficient conversion of hard-to-recycle plastic packaging into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint.
SABIC Fujian Petrochemicals advances major ethylene project with Lummus technologies and services
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that SABIC Fujian Petrochemical Co., Ltd.'s grassroots complex in Fujian Province, China, will leverage Lummus' ethylene and co-monomer technologies.
Japan's Idemitsu, Mitsui Chemicals may consolidate ethylene plants in Chiba
Japanese oil refiner Idemitsu Kosan and Mitsui Chemicals plan to consolidate their ethylene complexes in Chiba near Tokyo as the industry is under pressure from competition with China.
U.S. Department of Energy invests $200 MM in Technip Energies and LanzaTech for decarbonized ethylene facility
Technip Energies and LanzaTech are negotiating $200 MM in funding to develop technology for sustainable ethylene production, cutting emissions and creating jobs.
Mingca Packaging and ExxonMobil introduce innovative double bubble polyethylene-based shrink film solution
Shantou Mingca Packaging Co Ltd and ExxonMobil Asia Pacific Research & Development Co., Ltd announced an innovative double bubble Polyethylene-based Shrink Film solution, the next generation of Polyolefin Shrink Film, created using ultra-low density Exceed XP performance polyethylene.
Qatar Energy lays foundation stone for Ras Laffan petrochemical complex
The complex will house an ethane cracker with a capacity of 2.1 MMtpy of ethylene, making it the largest in the Middle East and one of the largest in the world, and raising Qatar’s ethylene production capacity by more than 40%.
Lummus Technology to provide proprietary heaters to Amiral petrochemical complex in Saudi Arabia
Lummus Technology announced a contract award from Hyundai Engineering & Construction Co. Ltd. to provide eight proprietary Short Residence Time (SRT®) ethylene cracking heaters at SATORP's Amiral petrochemical complex in Saudi Arabia.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
