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Petrochemicals

Venezuela's PDVSA freezes petcoke deliveries to Maroil amid contract dispute

Venezuela's state-run oil company PDVSA has suspended deliveries of petroleum coke to a company owned by a Venezuelan shipping magnate amid a commercial dispute over a sales contract, two sources with knowledge of the decision said.

INEOS takes step forward in Southern France with the acquisition of TotalEnergies’ petchem assets at Lavera

INEOS has signed a deal to acquire TotalEnergies’ 50% share of Naphtachimie, Appryl, Gexaro and 3TC, which are all currently joint ventures between the two companies.

Syclus selects Axens for Europe's first ethanol-based renewable ethylene plant with Atol technology

Syclus intends to build and operate a plant for the production of renewable ethylene from sustainable ethanol in Chemelot Industrial Park, Geleen, The Netherlands and will rely on Atol technology from French company Axens.

New bike bag lowers CO2 footprint with recycled end-of-life tire materials

BASF and baesiq cooperate in the production of sustainable bags

Fashion industry driving demand for green shipping, Maersk says

Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators to reduce their climate footprint.

Yara, BASF assess low-carbon blue ammonia project on US Gulf coast

Norway's Yara and chemicals giant BASF are looking into developing and building a low-carbon blue ammonia production facility in the U.S Gulf coast region, the two companies said in a joint statement.

Axens builds on ExxonMobil MTBE Decomposition Technology for high purity isobutylene production

ExxonMobil Catalysts and Licensing LLC and Axens have signed an exclusive licensing alliance agreement allowing Axens to include ExxonMobil’s MTBE Decomposition Technology for high purity isobutylene in its portfolio.

BASF Venture Capital invests in startup DePoly SA

BASF Venture Capital GmbH announced an investment in the Swiss startup DePoly SA, a sustainable plastic solutions provider developing a unique chemical recycling technology.

Maersk orders six methanol-powered container vessels

Shipping group A.P. Moller-Maersk said it had ordered from China's Yangzijiang Shipbuilding Group six mid-size container vessels capable of running on green methanol.

SCG Chemicals expected to start production at Long Son plant by September

Long Son Petrochemicals, owned by SCG Chemicals, will start commercial production at its petrochemical complex in southern Vietnam in September, the head of Thai conglomerate Siam Cement Group said.