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Petrochemicals

IEA: World oil and gas demand could grow until 2050

The Paris-based energy security watchdog predicted in its annual outlook that the world will likely fail to meet its goal to cap the rise in temperatures to as close as possible to 1.5°C degrees (2.7°F) above pre-industrial times to avoid the most devastating effects of climate change.

Indorama Ventures’ Fibers business and Jiaren Chemical Recycling form JV to enhance global textile circularity

INEOS prepares 10 anti-dumping cases to EU commission in unprecedented move

Europe’s chemical sector, the foundation of modern manufacturing, is being drowned by a tidal wave of low-cost imports from Asia, the Middle East and the United States. These products are undercutting European producers who face the world’s highest energy prices and escalating, unilateral carbon costs.

Lindner, Proctor & Gamble launch mechanical recycling technology: Flexloop

Flexloop follows preliminary mechanical cleaning and provides a solvent-based extraction step. In this step, NIAS (non-intentionally added substances) such as pesticides, phthalates, dioxins and organic residues are also extracted and taken away along with odors, adhesives and printing inks.

Olin enters strategic partnership with Braskem to drive vinyls value growth

The companies have executed a long-term agreement for Olin's supply of ethylene dichloride (EDC), aligning with Braskem's transformation of its chlor-alkali and vinyl assets in Brazil.

Clariant catalysts will power the Ecoplanta: Europe’s first waste-to-methanol plant

MHI signs EPC contract for $1.3-B ammonia and urea fertilizer complex in Turkmenistan

Formosa to build $150-MM hexene plant in Texas (U.S.)

Westlake Polyethylene achieves ISCC PLUS Certification at Sulphur, Louisiana (U.S.) site

Indonesia president inaugurates $4-B petrochemical plant by Lotte Chemical