Growth for the US petrochemical sector in 2022
Rising demand for plastics and resins has boosted ethylene and propylene manufacturing, leading the sector to its highest revenue since 2014, at nearly US$80 billion.
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Rising demand for plastics and resins has boosted ethylene and propylene manufacturing, leading the sector to its highest revenue since 2014, at nearly US$80 billion.
McKinsey's new report reveals how hydrocarbon-rich countries can leverage their experience in large energy projects to facilitate the scaling up of blue and green hydrogen.
Neste and CIM have announced their collaboration to enable the supply of Neste MY sustainable aviation fuel (SAF) into France.
The new Sarawak Petchem Methanol Project, located in Bintulu in the Sarawak region of Malaysia, is an important step forward in the methanol production capacity of Petronas Chemical Group.
Nimofast Brasil S.A. has signed a partnership agreement with Kanfer Shipping AS to offer small and medium-scale LNG shipping, small scale floating storage units and LNG bunkering solutions to its clients in Brazil.
Sempra Infrastructure and ConocoPhillips have executed a 20-year agreement for 5 million tpy of LNG from Phase 1 of the proposed Port Arthur LNG project under development in Jefferson County, Texas, US.
Asia is set to lead the global polyethylene terephthalate (PET) industry capacity additions with a share of 58% by 2026 from new-build and expansion projects between 2022 – 2026, forecasts GlobalData.
Sinopec and QatarEnergy have signed a long-term LNG purchase and sales agreement for the supply of 4 million tpy of LNG to Sinopec.
Despite the downward trend in natural gas imports from Canada, trade between the US and Canada remains important in balancing US natural gas markets and helps ensure reliable supply.
NEXT Renewable Fuels and Industrial Tech Acquisitions II, Inc. have signed a business combination agreement expected to result in a newly-combined company known as NXTCLEAN Fuels.
Wood has been appointed integrated services partner by Centrica Storage for the company’s UK Southern North Sea operations.
The project aims to provide sustainable, clean, non-intermittent and affordable energy in the form of green hydrogen, green gas, and green power. The Wilhelmshaven Green Gas Terminal aims to provide 8.5% of Germany’s energy needs.