Polymers
TAQA, JERA collaborate on cogen plant for power to Jubail petrochemical complex (Saudi Arabia)
Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc announced the successful financial closing of Najim Cogeneration Company Limited, a new industrial steam and electricity cogeneration plant that will produce electricity and steam for a petrochemical complex located in Jubail in the Eastern Province of the Kingdom of Saudi Arabia.
ADNOC deploys pioneering AI-enabled process optimization technology
Following successful initial operations, ADNOC announced the deployment of an industry leading artificial intelligence (AI)-enabled process optimization technology--Neuron 5--across all ADNOC facilities across thousands of critical pieces of equipment essential for production, including compressors, valves and generators.
Mitsubishi Chemical to conduct studies on chemical recycling of tires using coke ovens
The Mitsubishi Chemical Group has launched studies to perform chemical recycling of end-of-life (ELT) tires by utilizing the coke ovens at its Kagawa plant (Sakaide City, Kagawa Prefecture). The MCG Group aims to begin marketing sustainable carbon black made from ELTs by March 2026.
Petronet LNG selects Lummus' Novolen Technology for new, large-scale plant in India
Petronet LNG will license Lummus' Novolen® polypropylene technology for a new 500.000-tpy plant in Dahej, Gujarat, India.
Neste expands chemical recycling logistics infrastructure at its refinery in Porvoo, Finland
Neste is expanding its logistics infrastructure for liquefied recycled raw materials at its refinery in Porvoo, Finland, including materials such as liquefied waste plastic and liquefied rubber tires. Neste aims to advance chemical recycling and transform the Porvoo refinery into a renewable and circular solutions hub.
VTT opens a pilot plant in Finland utilizing captured CO2 to produce recyclable plastics
VTT, LUT University and companies have opened a pilot plant in Espoo, Finland, to process captured CO2 into compounds that can replace fossil raw materials in plastic products and chemicals.
Bharat Petroleum Corp. Ltd. selects multiple Lummus Technology for Bina expansion project in India
BPCL has selected Lummus Technology to provide multiple technologies for the Bina Petrochemicals and Refinery Expansion project in Bina, Madhya Pradesh State, India. Once complete, the facility will produce 1.2 MMtpy of ethylene and 550,000 tpy of propylene.
Honeywell UOP and Repsol to collaborate on renewable fuel development
The companies plan to scale and commercialize Honeywell's technologies, which use various wastes like fats, oils, greases, biomass and solids for chemical production and renewable fuels at Repsol’s refineries.
Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem
Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical JV Petro Rabigh for $702 MM, as part of a turnaround plan for the loss-making venture. Under the deal, Aramco and Sumitomo Chemical will each provide $702 MM in funding to Petro Rabigh and waive loans worth a total $1.5 B.
BASF switches their portfolio to bio-based ethyl acrylate
BASF announced the biotransformation of their (Meth)acrylate portfolio, switching the production to bio-based ethyl acrylate starting Q4 2024.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
