Petrochemicals
Methanex buys OCI Global's methanol business for $2.06 B
OCI Global announced that it has reached an agreement for the sale of 100% of its equity interests in its Global Methanol Business to Methanex Corporation for a total consideration of $2.05 B on a cash-free and debt-free basis.
Russia's Sibur plans domestic bond issue to fund $10-B Amur gas-chemical complex
Sibur plans to place domestic bonds before the end of the year to fund the $10-B Amur gas and chemical complex, which will produce 2.3 MMtpy of polyethylene and 400,000 tpy of polypropylene once completed.
Motiva awards Honeywell UOP a contract for Port Arthur (U.S.) aromatics project
Motiva announced that it has advanced its aromatics project by executing a license for Honeywell UOP’s aromatics technologies for a world-scale aromatics unit to produce benzene and paraxylene.
Digital Feature: Cracking the chemical industry’s carbon code
This article focuses on how Evonik is decarbonizing chemical processing operations at its Herne site in Germany. This work details the installation of an advanced proprietary proton exchange membrane electrolyzer that will produce H2 and oxygen onsite from renewable energy.
Indorama Ventures, Dhunseri and Varun Beverages plan multiple cutting-edge recycling facilities in India
Indorama Ventures Public Co. Ltd., a global sustainable chemical producer, through its direct subsidiary IVL Dhunseri Petrochem Industries Ltd., and Dhunseri Ventures Ltd. have formed a joint venture (JV) with Varun Beverages Ltd., PepsiCo's second-largest bottling company globally outside the U.S., to establish several greenfield state-of-the-art polyethylene terephthalate (PET) recycling facilities in India.
India's Bharat Petroleum Corp. to boost integrated refining-petrochemical capacity by 2030
India's Bharat Petroleum Corp plans to increase its integrated refining and petrochemical capacities within the next 5 yr-7yr to meet growing energy demand. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4%-5% and 7%-8% in the 'foreseeable future'.
BASF to cease operations on three plants at the Ludwigshafen site in 2025
BASF will end the production of adipic acid, cyclododecanone (CDon) and cyclopentanone (CPon) at the Ludwigshafen site in 2025. The company has taken this decision as part of the ongoing strategic review of its production setup at the Ludwigshafen site to ensure competitiveness under changing market conditions.
Lummus to supply ethylene technology to Silleno's PE plant in Kazakhstan
Lummus Technology announced a contract award from Silleno for an ethylene unit, which will be part of the first polyethylene plant to be built in the Republic of Kazakhstan.
Catalyst for 'one-step' conversion of methane to methanol
Scientists demonstrate highly selective catalyst for low-temperature, direct conversion of natural gas to liquid fuel.
AFC leads financing for Africa's largest gas-to-methanol complex
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas and turning it instead into a valuable chemical for solvents, paints, plastics and car parts.
- OC Global signs MoU with Passo Fundo for greenfield ammonia plant in Brazil 8/8
- India's E20 fuel rollout marked by widespread criticism 8/8
- Argentina's YPF to invest $400 MM in sustainable jet fuel venture 8/8
- South African tax authorities extend jet fuel lifeline to airports 8/8
- MOL Group successfully completes another SAF and HVO production test 8/8
- India approves $3.4-B payout to state-run refiners for cooking gas losses 8/8
