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Petrochemicals

CPChem invests in Closed Loop Partners' Circular Plastics Fund

Closed Loop Partners’ Circular Plastics Fund announced Tuesday the addition of two new investors– Chevron Phillips Chemical (CPChem) and Charter Next Generation (CNG)–bringing the fund’s total capital to $45 M in an effort to support the development of plastics recycling and recovery infrastructure in North America.

ExxonMobil boosts fuel supply with $2-B Beaumont refinery expansion

ExxonMobil announced the successful startup of its Beaumont refinery expansion project, which adds 250,000 bpd of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast. This is the largest refinery expansion in more than a decade will help meet growing demand for affordable, reliable energy.

LyondellBasell exploring options for EO and derivatives unit

LyondellBasell said it was exploring strategic options for its U.S. Gulf Coast-based ethylene oxide & derivatives business.

Pengerang Energy Complex inks $102-B agreements for feedstock supply and product offtake

Pengerang Energy Complex (PEC) announced that it has signed key agreements with several blue-chip partners for the upcoming PEC, located within the dedicated Pengerang Integrated Petroleum Complex in Johor, Malaysia.

NOVA Chemicals commercializes mechanically recycled polyethylene

NOVA Chemicals delivered a commercialized FDA-compliant high-density recycled polyethylene (rPE) resin to market. The new grade is its first mechanically recycled food-contact resin and is part of the Company’s recently announced SYNDIGO rPE portfolio.

Lummus-BASF awarded technology contracts for Kazakhstan petrochem plant

Lummus Technology announced Butadiene LLP has selected its iC4 CATOFIN®, CATADIENE®, CDMtbe® technologies and BASF's butadiene extraction technology for units at Butadiene LLP's new petrochemical plant in Atyrau, Kazakhstan.

Emerson wins contract to automate $8.5-B Golden Triangle Polymers facility

Emerson will provide automation technologies, software and analytics from its Plantweb™ digital ecosystem for the Golden Triangle Polymers Project, a world-scale integrated polymers facility on the Texas Gulf Coast.

S-Oil holds groundbreaking for $7-B Shaheen crude-to-chemicals complex

S-OIL held a groundbreaking ceremony for the capital-intensive Shaheen crude-to-chemicals complex in Ulsan, South Korea.

SABIC setting its sights on the electrification of ethylene production

SABIC has signed an agreement with Coolbrook to assess Coolbrook’s Roto Dynamic Reactor (RDR) technology in support of decarbonizing ethylene production.

BTC Europe and Sudarshan Chemical Industries sign agreement on distribution of pigments in Europe

BTC Europe, BASF’S European distribution organization, and Sudarshan Chemical Industries have signed an agreement on the distribution of organic and inorganic pigments as well as effect pigments in Europe.