Petrochemicals
Plastic pollution treaty stalled as Geneva talks end without deal
Delegates discussing the world's first legally binding treaty to tackle plastic pollution failed to reach consensus, diplomats said, voicing disappointment and even rage that the 10-day talks produced no deal.
Eni to sale 49.99% share in carbon capture business to GIP
Eni and Global Infrastructure Partners (GIP), a leading global infrastructure investor and a part of BlackRock, signed an agreement related to the sale of a stake of 49.99% in Eni CCUS Holding – a leading global player in the CCUS sector (Carbon Capture, Utilization and Storage).
Digital Exclusive: Monetizing stranded offgases from oil and gas facilities
The objective of this article is to explore various viable solutions to monetize the stranded offgases produced in upstream oil and gas production and processing facilities.
AFPM statement on path ahead for global plastic waste agreement
American Fuel & Petrochemical Manufacturers (AFPM) Vice President of Petrochemicals and Midstream Rob Benedict issued the following statement at the conclusion of the United Nations’ Intergovernmental Negotiating Committee (INC- 5.2).
A refresher on Russia's commodities clout ahead of Trump-Putin talks
Prior to its invasion of Ukraine in 2022, Russia was a leading exporter of crude oil, natural gas, coal, aluminum, nickel, steel, wheat and fertilizers - among other commodities - and the top supplier of energy products to Europe.
China's ethylene capacity to hit 100 million tons by end-2028
China will add 40 million metric tons of ethylene capacity between 2025 and 2028, taking total capacity for the key plastic industry building block to 100 million tons by the end of the period, a Sinopec executive said on Thursday.
South Korea to announce plan to restructure petrochemical sector facing 'grave' situation
South Korea's government will announce a plan this month to restructure the country's petrochemical sector, which is in a "grave" situation, Industry Minister Kim Jung-kwan said.
China's petrochemical sector set to expand even as losses deepen
A key segment of China's petrochemical sector is set to expand by almost half between now and 2028 even as growing competition in the broader refining sector slashes profits.
SIBUR develops new polyethylene grade for FMCG packaging
SIBUR, Russia's largest polymer producer, has developed a new grade of metallocene linear low-density polyethylene (mLLDPE) for flexible fast-moving consumer goods (FMCG) packaging.
L&T Energy GreenTech partners with Japan’s ITOCHU for 300,000-tpy green ammonia project
L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialize a 300,000-tpy green ammonia project at Kandla in Gujarat, India.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
