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Petrochemicals

U.S. DOE awards $41 MM for renewables-to-liquids/chemicals projects

The U.S. Department of Energy announced $41 MM for 14 projects to develop technologies, renewables-to-liquids, for harnessing renewable energy to produce liquids for sustainable fuels or chemicals.

Mitsubishi Heavy Industries, Taiwan Fertilizer sign MoU to study a fuel ammonia value chain in Taiwan

Mitsubishi Heavy Industries, Ltd. has entered into a Memorandum of Understanding with Taiwan Fertilizer Co., Ltd. to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan, in support of Taiwan's "2050 Net-Zero Emissions" goal.

Aggreko invests in European cooling fleet to support petrochemical industry amid summer heat

Energy solutions specialist Aggreko has significantly invested in its European fleet of cooling solutions to bring reliable, clean and efficient cooling to the market.

OCI Global to sell its clean ammonia project in Texas (U.S.) to Woodside Energy for $2.35 B

OCI Global has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1-MMtpy clean ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.

Nippon Shokubai announces Indonesian subsidiary's plan to expand its superabsorbent polymer (SAP) plant

Nippon Shokubai Co., headquartered in Osaka, Japan, has announced that the company decided, at its board meeting held on July 30, 2024, to give approval to an investment plan at PT. NIPPON SHOKUBAI INDONESIA (NSI).

Shard Capital proposes $7-B petrochemical complex in Egypt

Egypt's Ministry of Petroleum and Mineral Resources announced that Shard Capital has proposed constructing a $7-B petrochemical complex in Egypt's New Alamein Industrial Zone.

Indorama Ventures joins the T-REX Project to revolutionize textile recycling

This ambitious initiative aims to establish a harmonized EU blueprint for the closed-loop sorting and recycling of household textile waste to help the fashion industry transition towards a more circular and sustainable future.

Shell beats forecasts with $6.3 B second quarter profit

Shell reported second-quarter profit of $6.3 B, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still beating analysts' forecasts.

Technip Energies awarded proprietary equipment contract by CP Chem for low-CO2 cracking furnace technology

Technip Energies has been awarded an engineering and procurement contract by Chevron Phillips Chemical for the supply of a proprietary low-emission cracking furnace in an existing olefins unit at its facility in Sweeny, Texas (U.S.).

Catalyst safety assessment: Making catalyst and adsorbent startups safer

Shell Projects & Technology: Groendijk, W.  |  Buijs, A.

An unease around potential high temperature and pressures during fresh catalyst and adsorbent startups—which can lead to situations where designed pressures and temperatures are exceeded—led the authors’ company to create the Catalyst Safety Assessment (CSA) methodology.