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Petrochemicals

Sumitomo Chemical to develop green process for ethanol-based propylene

Sumitomo Chemical has begun construction of a pilot facility to establish a process for producing propylene directly from ethanol, which is attracting attention as a sustainable chemical raw material.

Boskalis orders a dual-fuel dredger from Royal IHC

Boskalis has signed a contract with Dutch shipbuilding company Royal IHC to build a large state-of-the-art trailing suction hopper dredger capable of running on diesel and green methanol.

Malaysia's Gentari, Singapore's GIC to produce, export green ammonia from India

Malaysia's Gentari, a renewable energy unit of Petronas, and Singapore sovereign wealth fund GIC signed an agreement to produce up to 5 Mtpa of green ammonia in India by 2030.

Launch of industry-first methanol powered sustainable shipping fund

ProMarine AG announces the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman and Stena Bulk AB.

LyondellBasell beats profit estimates on strong demand for oxyfuels

Chemical maker LyondellBasell Industries on Friday beat third-quarter profit estimates, boosted by strong demand for oxyfuels during the summer season when more people take road trips.

Kuwait's KIPIC in talks with potential partners on petrochemicals complex

State-owned Kuwait Integrated Petroleum Industries Company is in early talks with companies to partner on an integrated petrochemicals complex worth up to $9.70 B.

LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling

Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.

New acrylic resin material for automotive bodies under joint development with Honda

The Mitsubishi Chemical Group is pleased to announce that it and Honda Motor Co., Ltd. are jointly developing PMMA material for automotive body parts.

Axens, IFPEN, and JEPLAN commence operations at the Rewind PET facility in Japan for PET chemical recycling

Axens, IFPEN and JEPLAN entered into a partnership in 2020 to develop and license an innovative recycling process, called Rewind PET, that can be used to recycle all types of waste Polyethylene Terephthalate, especially those difficult to recycle mechanically.

Petoskey Plastics receives NOL from FDA for food-contact PCR-LLDPE

Petoskey Plastics has received a No Objection Letter from the U.S. Food and Drug Administration confirming the capability of its secondary recycling process to produce post-consumer recycled linear, low-density polyethylene material that is suitable for food-contact applications.