Petrochemicals
Saudi's SABIC gives go-ahead for $6.4-B China petrochemical plant
Saudi Basic Industries Corp will go ahead with building a petrochemical complex in southeastern China's Fujian province, shoring up Saudi ties with China, the world's top oil importer.
INEOS polymer used to create world’s first sustainable gas pipeline
INEOS produced bio-based high-density polyethylene has been used to create the world’s first fully sustainable gas pipeline. Installed by French gas utility network operator, GRDF, the pipeline only uses the low carbon footprint polymer.
Chevron Lummus Global awarded new licensing contract for HPCL's integrated hydrocracker and catalytic dewaxing unit
Chevron Lummus Global LLC announced the award of a new licensing contract by Hindustan Petroleum Corporation Limited for the development of a grassroots integrated hydrocracker and catalytic dewaxing unit and a full catalyst reload of their existing lube oil upgrading program at the Mumbai Refinery in India.
Tecnimont awarded a FEED contract for a green ammonia plant in Norway
MAIRE announces that Tecnimont has been awarded a FEED contract by Fortescue, a global green technology, energy and metals company, for a green ammonia plant to be located in the Nordgulen fjord in Norway.
Covestro and Encina reach an agreement for a long-term supply of circular raw materials
Covestro and Encina, a U.S.-based producer of ISCC PLUS certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic.
LYB enters into agreement to acquire 35% of Saudi Arabia-based NATPET; expands core PP business
LyondellBasell announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company from Alujain Corporation for approximately $500 MM.
Bayegan Group unveils $1.9-B petrochemical plant project in Turkey
Turkish petrochemicals company Bayegan Group is set to enhance domestic polypropylene production with a planned $1.9-B plant in Hatay province.
Solvay expands operations across recycling facilities in Europe to enhance circularity in flue gas treatment
Solvay has announced capacity expansions at its Resolest and Solval units, specifically designed for recycling residues from the flue gas cleaning process using the market-leading SOLVAir solution.
Borouge launches new infrastructure and advanced packaging solutions
Borouge Plc launched five new grades to meet the growing demand in the infrastructure and advanced packaging industries in the Middle East, Africa and Asia.
Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023
Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.
- 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
