Olefins
AMETEK Land provides thermal imagers to large ethylene producer
AMETEK Land has provided a large U.S. ethylene producer with 28 thermal imagers to provide continuous, highly precise, temperature measurements for optimum process control in its four cracking furnaces.
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary.
Ethylene downcycle puts nearly 25% of capacity at risk of closure
A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie.
NOVA Chemicals launches Canadian Center of Excellence for Plastics Circularity
NOVA Chemicals Corporation announced the launch of its Center of Excellence for Plastics Circularity, a hub for knowledge exchange and technology development for the circular economy of plastics.
Haldia Petrochemicals awards ethylene plant digitalization contract to Lummus
Lummus Technology has been awarded a contract by Haldia Petrochemicals Ltd. for digitalization services at HPL's ethylene plant in West Bengal, India.
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.
Shell records nearly $8-B Q1 profit on the back of refining, chemicals/products and LNG divisions
Shell reported a Q1 profit of $7.7 B, boosted by Red Sea trading disruptions, Russian refining outages and Shell's LNG production increases.
Enhance ethylene cracker radiant tube integrity through innovative robotic inspection
The ethylene cracker plays a crucial role in the petrochemical industry, producing more than 200 MMtpy of ethylene globally, which is the major building block for plastics, synthetic rubber, lubricants and various chemicals.
Business Trends: Global chemicals industry outlook for 2024
After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry.
- 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
