Polymers
Topsoe awarded contract to support FEED study for new low-carbon ammonia plant in Louisiana (U.S.)
Topsoe will license its SynCOR Ammonia™ technology to CF Industries for a low-carbon ammonia project in Louisiana (U.S.).
Borouge increases Q1 net profit nearly 40% to $273 MM
Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.
IOCL selects Lummus' cumene technology
Lummus Technology announced IndianOil Corp. Ltd. selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India.
NextChem advances plastic upcycling with NX Replast technology, boosting the circular economy
NextChem Tech has acquired an additional 34% stake in both MyReplast Industries S.r.l. and MyReplast S.r.l. from an existing stakeholder.
Qatar Energy lays foundation stone for Ras Laffan petrochemical complex
The complex will house an ethane cracker with a capacity of 2.1 MMtpy of ethylene, making it the largest in the Middle East and one of the largest in the world, and raising Qatar’s ethylene production capacity by more than 40%.
LG Chem and CJ CheilJedang join forces to commercialize bio-nylon
LG Chem and CJ CheilJedang have created a JV plant for bio-nylon production to penetrate the eco-friendly market.
BASF launches ChemCycling in the U.S.
BASF is offering customers ISSC+ certified advanced recycled building blocks from the BASF TotalEnergies Petrochemicals facility in Port Arthur, Texas. ChemCycling utilizes recycled feedstock that is derived from plastic waste in the conventional production process, thereby partially replacing fossil resources.
Axens successfully starts up hydrocracking units at Shenghong's integrated refinery in China
Axens successfully started several new units at Shenghong Refining & Chemical (Lianyungang) Co. Ltd’s crude-to-paraxylene complex in China’s province of Jiangsu.
LyondellBasell beats Q4 profit estimates as lower ethane costs benefit
LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.
New IMI electrolyzer boosts University of Sheffield’s development of SAF
The University of Sheffield has successfully bolstered its efforts to decarbonize the aviation industry by increasing its green hydrogen production capacity, following the successful commissioning of a new polymer electrolyte membrane electrolyzer.
- 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
