Petrochemicals
China petrochemical group Hengli plans $1.3-B investment in shipbuilding
Hengli Group, privately-controlled Chinese oil refiner and petrochemicals producer, said on Monday it will invest 9.2 B yuan ($1.3 B) in shipbuilding in northeast China, two years after it acquired South Korean shipyard STX's assets.
LOTTE Chemical develops high-intensity, flame-resistant PP products for electric vehicle batteries
LOTTE Chemical has developed high-intensity, flame-resistant polypropylene products that can delay thermal runaway in electric vehicle batteries.
Samsung C&T to build Korea's fist ammonia import terminal for co-firing power generation
The terminal will include facilities for storing, unloading, and transporting ammonia. A 30,000-ton storage tank will be used to compress and store ammonia for co-firing power generation. The terminal will also use a fuel blend comprised of at least 20% ammonia for co-firing with coal to reduce carbon emissions.
World’s first supply chain established for sustainable polyester fiber based on CO2-derived, renewable and bio-based materials
A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials as well as carbon capture and utilization will be used in the manufacturing of polyester fibers.
NEXTCHEM (MAIRE) awarded new contracts for proprietary equipment, technology, engineering services
MAIRE has announced that NEXTCHEM (Sustainable Technology Solutions) has been awarded new contracts for an overall value of approximately €30 MM by leading international clients, mainly in the Middle East and Europe.
Innovations
Compact, rugged PC built to connect the industrial floor to the cloud
NEXTCHEM awarded study/pre-FEED contract for a 500,000-tpy low-carbon fertilizer plant in France
MAIRE announces that NEXTCHEM (Sustainable Technology Solutions) has been awarded by FertigHy a feasibility study and pre-FEED contract for a 500,000 tpy of nitrogen-based fertilizers plant in France.
Indorama Ventures secures $200-MM loan from IFC to drive sustainability program
Indorama Ventures, a global sustainable chemical producer, has secured a new 7-yr loan totaling $200 MM from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programs in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler.
Hygenco, Ameropa ink cooperation for supply of green ammonia
Hygenco Green Energies and Ameropa sign green ammonia supply agreement from Hygenco's planned 1.1-MMtpy green ammonia facility in India.
Sungrow Hydrogen wins contract for world's largest green H2, ammonia and methanol integrated project
Sungrow Hydrogen was awarded a contract by China Energy Engineering Corporation for the Songyuan Hydrogen Energy Industrial Park project in Jilin China, the world's largest green hydrogen, ammonia and methanol integrated project.
- BGN announces strategic MoU with XCF Global to produce and supply SAF 11/17
- KazMunayGas and Uzbekneftegaz partner to build 50,000-tpy linear alkylbenzene plant 11/17
- Chevron joins race to explore potential purchase of Lukoil assets, including refineries 11/17
- Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil 11/17
- Sonatrach signs contract for unit with Sinopec subsidiary to boost gasoline production capacity 11/17
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
