Petrochemicals
OMV and Wood collaborate on ReOil Technology licensing
OMV signed today a mutually exclusive collaboration agreement for the worldwide commercial licensing of OMV’s proprietary ReOil technology with Wood.
CPChem, QatarEnergy finalize financing on Ras Laffan, Qatar, petrochemicals project
Ras Laffan Petrochemicals, a joint venture company owned 30% by Chevron Phillips Chemical and 70% by QatarEnergy, announced that it has secured $4.4 B to finance an integrated polymers facility to be located in Ras Laffan Industrial City, Qatar.
Lummus' Green Circle announces agreement for advanced plastic recycling technology with Dongyang Environment Group
Lummus Technology, a global provider of process technologies and value-driven energy solutions, has announced an agreement with Dongyang Environment Group to deploy Lummus' advanced plastics recycling technology in South Korea.
Carbon Recycling International and Jiangsu Sailboat start up world’s most efficient CO2-to-methanol plant
Carbon Recycling International and Jiangsu Sailboat have successfully started up one of the world's most efficient CO2-to-methanol plants and will recycle carbon dioxide and hydrogen waste streams from the wider petrochemical complex.
Energy comparison for heat pump and bottom flashing schemes for C3 hydrocarbon system
Propane-propylene splitters are present in significant numbers across petrochemical complex units, such as ethylene crackers and propane dehydrogenation units.
Sharing insights beyond the fencelines with digital technologies
In refineries and petrochemical plants globally, breaking down silos and barriers among departments, teams and functions remains one of the largest challenges when it comes to processing data and operational insights.
Editorial Comment: The energy transition: The latest evolution of the processing industries
Since the Paris Agreement was signed in 2015, dozens of nations around the world have vowed to mitigate carbon emissions from their respective economies.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,230 active projects in the hydrocarbon processing industry.
LanzaTech announces collaboration with Dow to introduce bio-degradable cleaning solution
LanzaTech Global, Inc. has collaborated with Dow to introduce a new biodegradable surfactant to the home care market.
INEOS announces the acquisition of the Eastman Texas City (U.S.) site for $500 MM
INEOS has announced it has reached an agreement with Eastman Chemical Company to purchase the Eastman Texas City site, including the 600kt Acetic Acid plant and all associated third party activities on the site, for circa $500 MM.
- Ketjen announces pricing adjustment for hydroprocessing catalysts effective January 15, 2026 1/9
- Germany's Uniper nears agreement to buy green ammonia from India 1/9
- Serbia's Russian-owned NIS refiner buys first crude since U.S. sanctions waiver 1/9
- U.S. refiner Marathon Petroleum says it will be bidding for Venezuelan crude oil 1/9
- Shell flags chemicals and products unit loss, raising doubts over $3.5 B buyback 1/8
- Saudi's SABIC sells assets in Europe, Americas worth $950 MM 1/8
