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Petrochemicals

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LyondellBasell misses quarterly profit estimates on falling refining margins

Petrochemicals manufacturer LyondellBasell fell short of expectations for third-quarter profit on Friday due to declining refining margins and weakness in its chemicals segment.

Lummus and Advanced Ionics establish partnership for green hydrogen

Lummus Technology, a global provider of process technologies and value-driven energy solutions, has announced a new partnership with Advanced Ionics, a low-cost green hydrogen (H2) technology provider.

Consortium to launch world's first commercialized PET bottle using bio-paraxylene

A partnership consisting of Indorama Ventures, Suntory, ENEOS Corporation, Mitsubishi Corporation, Iwatani and Neste will launch the world’s first bio-PET bottle for commercial scale, made from ISCC+ certified bio-paraxylene.

Cepsa becomes Moeve

Cepsa has announced its name change to Moeve, marking a historic milestone in the company’s transformation.

Consortium introduces world's first pharmaceutical bottle partially made with wood-based plastics

UPM Biochemicals, Selenis and Bormioli Pharma have partnered to produce the world’s first pharmaceutical bottles made from partially wood-based polyethylene terephthalate (PET).

Aramco, Petrovietnam sign Collaboration Framework Agreement for increased petrochemicals trade

The framework agreement signed by Aramco and Petrovietnam will explore opportunities for cooperation in storage and the supply and trading of energy and petrochemical products

TotalEnergies studies Moroccan project to export green ammonia to Europe

TotalEnergies will study plans for a renewable energy project to produce hydrogen and ammonia in Morocco for delivery to Europe, which is seeking to increase use of the fuels as part of its energy transition.

Changxing Island accelerates development of world-class green petrochemical industrial base

The high-end petrochemical new materials project by Liaoning Dingjide Petrochemical Co. Ltd., a major supplier of polyolefin catalysts and chemical additives products, is rapidly progressing in the Changxing Island Economic and Technological Development Zone of Dalian, Liaoning province.

Sumitomo Chemical begins study to optimize operations at Keiyo Ethylene

Sumitomo Chemical has made a proposal to Maruzen Petrochemical Co., Ltd., its JV partner in Keiyo Ethylene Co., to reduce offtake quotas for Sumitomo Chemical products at Keiyo Ethylene.