Stay up to date with the latest news and updates from the downstream industry.
Asia is likely to lead the global propylene capacity additions with a capacity of 35.18 million tpy by 2026, with China dominating the region’s propylene capacity additions, accounting for a share of 65%.
BASF with ARCUS Greencycling Technologies GmbH have concluded a framework agreement for the purchase of pyrolysis oil from mixed plastic waste.
Once completed, the three export projects under construction will expand US LNG peak export capacity by a combined 5.7 billion ft3/d by 2025.
Delta and DG Fuels are looking to expand the availability of sustainable fuel, with a new low-emissions SAF, which is critical to achieving a more sustainable future for aviation.
Woodside Energy Trading Singapore Pte Ltd has entered into a flexible long-term SPA with Uniper Global Commodities SE for Woodside to supply LNG from its global portfolio into Europe.
Commonwealth LNG, a subsidiary of Commonwealth Projects, and Woodside Energy Trading Singapore Pte Ltd, a subsidiary of Woodside, have announced the conversion of a non-binding HOA into two binding LNG SPAs.
The companies have started construction of one of the world’s first demonstration plants for large-scale electrically-heated steam cracker furnaces.
High natural gas prices will continue to drive down European demand to 7% below the five-year average through March, leaving a best-case scenario of storage levels at 31% at winter’s end, reports Wood Mackenzie.
Fluxys, Advario Stolthaven Antwerp and Advario Gas Terminal have joined forces to study the feasibility of building an open-access green ammonia import terminal at the Port of Antwerp-Bruges in Belgium.
In the EIA's Short-Term Energy Outlook, ethane production in 2H22 is forecast to grow by 9% compared with 1H22, averaging over 2.6 million bpd.
Axens and Hyundai Chemical Co. have successfully achieved the start-up of the pyrolysis gasoline unit, part of the Hyundai Chemical petrochemical grassroots complex in Daesan, South Korea.
LG Chem has selected Technip Energies’ proprietary blue hydrogen technology to supply its Daesan complex in South Korea.