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.
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.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3

