Petrochemicals
KMG PetroChem, Tecnimont partner for the Tengiz GSC project in Kazakhstan
The Tengiz GSC project’s scope of work includes engineering, procurement, construction and commissioning works. TECNIMONT will be mainly responsible for the Engineering, Procurement and Commissioning.
Indorama Ventures reaches 150 billion PET recycling milestone, reaffirming its commitment to a circular economy
With more than 20 recycling facilities across 11 countries, supported by strong business partnerships and optimized operations, Indorama Ventures collectively recycles 789 bottles every second — transforming used PET into high-quality recycled PET (rPET) resins and other circular materials.
Dangote appoints ex-Shell executive to lead refinery amid expansion drive
Nigeria’s Dangote Group has appointed David Bird, a former Shell executive and ex-CEO of 0Q8 refinery in Oman, as chief executive of its refinery and petrochemical division, as it accelerates its pan-African growth strategy.
Indonesia, Taikun Petrochemical affirm commitment for $5.95 billion project
Indonesia signed a memorandum of understanding with PT Taikun Petrochemical to affirm a commitment to invest $5.95 B to build a petrochemical production facility in North Kalimantan, the economic ministry said.
Energy tech firm Lummus confidentially files for U.S. IPO amid Trump's domestic push
Energy solutions company Lummus Technology said on Monday it has confidentially filed for an initial public offering in the United States amid President Donald Trump's broader strategy to enhance domestic energy production.
How leading refineries achieve operational excellence
Although cost cutting provides short-term financial benefits, it does not improve anything operationally in a plant. The reality is that most companies have already pushed such programs to their practical limits. So, what is left? The alternative approach is improving performance through operational excellence. This article will unpack this approach with examples of how producers have benefitted from it.
Solidec raises oversubscribed $2-MM pre-seed round to reinvent chemical manufacturing
Solidec's breakthrough approach to chemical manufacturing replaces centralized infrastructure with modular, efficient onsite production using only air, water, and electricity.
China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery
China's Shandong Yulong Petrochemical plans to invest $117.86 billion yuan ($16.42 billion) to produce chemicals at its refinery complex in Yantai, according to a government notice detailing the provisional plan.
Johnson Matthey’s tech enables successful start-up of the world’s largest single-train methanol plant
Johnson Matthey announced that the three methanol production trains of Inner Mongolia Baofeng Coal-based New Materials Co., Ltd., a wholly owned subsidiary of Ningxia Baofeng Energy Group, were successfully commissioned in November 2024, February 2025 and March 2025, respectively.
India's top gas importer Petronet seeks loan to expand petchem plant
The company is building a petrochemical plant in India's western state of Gujarat at the cost of 206.85 B rupees.
- 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
