
Video: transport of giant equipment to MOL’s polyol construction site
MOL Group has released a short video detailing the complex transportation of giant equipment to its polyol complex in Hungary.
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MOL Group has released a short video detailing the complex transportation of giant equipment to its polyol complex in Hungary.

The sale of Mega Lubricants is to John W. Stone Oil Distributor, LLC for US$22.4 million.

The AFPM recently conducted a Q&A with its Senior Director of Petrochemicals, Rob Benedict, to discuss the petrochemical industry’s role in reducing plastic waste.

The JV will develop, distribute and deploy end-to-end digital and advanced solutions for customers across industries, including oil and gas, power and utilities, manufacturing and shipping.

Global methanol capacity could potentially increase from 148.44 million tpy in 2019 to 310.94 million tpy in 2030.

Lotte Chemical, LG Chem and YNCC are set to restart their naphtha crackers in December and January.

The first cargo of crude oil from the Oryx Concession in Chad arrived in Taiwan at the Dalin Refinery earlier this month.

The energy commodities firm is supporting the Amorebieta-Boroa green hydrogen project in Spain.

Production of Euro-6 diesel fuel at the TANECO Oil Refining Complex will increase by 3.6 million tpy.

The agreement aims at developing in cooperation the model which considers waste as a resource to produce advanced fuels, hydrogen, fertilizers and low carbon chemical products.

The agreement is for the supply of between 2000 and 4000 bpd from the Ohaji South Field in Nigeria.

The move is motivated by the company’s desire to maximise profit from the plant during the coming year when a vaccine for COVID-19 is being widely deployed.