Petrochemicals
INEOS closes last remaining synthetic ethanol plant in the UK
High energy prices and high carbon taxes have forced the closure of this strategic UK asset. Sir Jim Ratcliffe, Chairman of INEOS says, “De-industrializing Britain achieves nothing for the environment. It merely shifts production and emissions elsewhere."
Vioneo to use Honeywell UOP's methanol-to-olefins technology for Antwerp plant
Vioneo will use Honeywell's advanced methanol-to-olefins conversion technology to produce plastics without the need for traditional feedstock made from fossil fuels
Solvay and Hankook sign Memorandum of Understanding for circular silica
Solvay and Hankook announced the signing of a Memorandum of Understanding (MOU) to collaborate on the development of circular silica coming from biosourced and waste sourcing for tire production.
Borouge reaffirms commitment to local manufacturing with new industry supply agreements
Borouge Plc has signed a series of commercial agreements to expand its market presence in the UAE. The agreements strengthen Borouge’s contribution to ‘Make it in the Emirates’ initiative by supporting local manufacturing and driving economic diversification.
Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings
Howard Energy Partners (HEP) has closed on the purchase of EPIC Midstream Holdings’ ethylene pipeline. The 120-mi, 12-in. bidirectional pipeline provides critical ethylene transportation, connecting Gulf Coast Growth Venture’s petrochemical complex in Corpus Christi to storage facilities in Markham, Texas.
Cloverdale Paint, Celanese partner to offer sustainable paint solutions created with carbon capture
Cloverdale Paint has announced a partnership with Celanese Corp., a global specialty materials and chemical company, that will leverage its carbon capture and utilization (CCU) technology to provide Cloverdale Paint with new-to-market sustainable paint solutions.
H2 Global Energy to develop a $6-B green ammonia project in Tunisia
A consortium led by H2 Global Energy signed a Memorandum of Understanding (MOU) agreement with the Tunisian government to develop a groundbreaking green hydrogen and green ammonia project. The total expected investment for this strategic initiative is $6 B.
Cleanova adds to its industrial filtration portfolio with acquisition of Allied Filter Systems
Cleanova is continuing its ambitious growth plans with the strategic acquisition of Allied Filter Systems Ltd., one of Europe’s leading high-performance filter bag and filter vessel manufacturers for the process industries.
Mitsubishi Chemical abandons 350,000-tpy MMA plant in Louisiana (U.S.)
Mitsubishi Chemical announced that it will not pursue a 350,000-tpy MMA Plant in Geismar, Louisiana" dated December 9, 2020, the Group had been considering the construction of a new Methyl methacrylate monomer plant in Geismar, Louisiana (U.S.), citing a failure to obtain long-term offtake contracts.
Stamicarbon awarded licensing, PDP contracts for low-carbon fertilizer plant in Canada
MAIRE announced that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary Stamicarbon, the leading nitrogen fertilizer technology licensor, has been awarded new contracts related to its proprietary NX STAMI Urea technology in Canada.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
