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Petrochemicals

ExxonMobil sees global natural gas demand surging in outlook to 2050

Global demand for natural gas will rise more than 20% by 2050 from last year's level, as it displaces coal to power industries and meet higher electricity use in developing countries, ExxonMobil said in an annual outlook.

ABB and Citroniq target a world first with 100% bio-based polypropylene facility

Polypropylene is used for many everyday items society relies on, including food and beverage packaging, automotive parts, consumer goods and medical devices.

Trump tariffs force much-needed petrochemicals contraction

U.S. President Donald Trump's trade wars are nudging the global plastics industry toward a painful but necessary restructuring to address acute overcapacity that has kept the industry’s profits in a prolonged slump.

CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China

China National Offshore Oil Corp has completed building a $2.9-B, 1.8-MMtpy integrated refining and petrochemical complex in eastern China

Sumitomo Chemical achieves scale-up of its process for producing propylene directly from ethanol

Sumitomo Chemical has constructed and begun operation of a pilot facility at the Sodegaura site of its Chiba Works for its new proprietary process to produce propylene directly from ethanol.

EcoCortec, Jakob Schober GmbH awarded sustainability award for closed-loop circular films solution

This prestigious recognition highlights EcoCortec's and Jakob Schober’s tireless efforts in establishing a practical and effective closed-loop recycling system for its green VpCI® corrosion protection films and bags.

China’s Sinopec Shanghai Petrochemical first half profit slides

The company said the market remains challenging, with strong supply and weak demand, rising penetration of new-energy vehicles squeezing fuel demand, and the chemical sector still at a cyclical low.

Major South Korean petrochemical firms and production

South Korean producers have suffered losses due to oversupply, particularly in China, the biggest petrochemical market, and sluggish demand.

Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility

Lummus Technology announced Vioneo has selected its Novolen® polypropylene (PP) technology for a new grassroots plant in Antwerp, Belgium.

Research: Developing an energy-saving, carbon-capturing method for making ethylene glycol

New electrochemical system cuts waste, slashes emissions, and conserves energy while producing key chemical