Westlake to close PVC plant
Westlake Corp. has announced that, in light of challenging market conditions, the company is taking action to improve profitability by closing its polyvinyl chloride (PVC) plant in Cologne, Germany.
Petrochemicals
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EIA: US exports of propane reached records in 1H26
US propane exports increased to 2 million bpd in 1H26, 11% more than during the same period in 2025, the US EIA has reported.
PIC and AmCham Kuwait sign MoU to advance petrochemical investment
Petrochemical Industries Co. (PIC), a subsidiary of Kuwait Petroleum Corp. (KPC), have signed a memorandum of understanding (MoU) with AmCham Kuwait to advance petrochemical investment and commercial cooperation.
Petkin awards Technip Energies a contract for petrochemical complex in Türkiye
Technip Energies has been awarded contracts by Petkim, a subsidiary of SOCAR, in connection with the development of a proposed integrated petrochemical complex in Aliaga, Türkiye.
Technip Energies announce strategic Licensing Collaboration Agreement with SABIC
Technip Energies and SABIC have entered into an exclusive Licensing Collaboration Agreement (LCA) under which Technip Energies will act as the worldwide licensor of SABIC’s Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology.
INEOS idles Europe's last world-scale acetyls plant
INEOS has announced that it is idling all three of its world scale chemical plants in Hull, UK.
Wood Mackenzie: strong balance sheets set 2027 up for oil and gas portfolio renewal
Most large oil and gas companies will enter 2027 with gearing below 20%, following accelerated deleveraging driven by surging prices and margins in 2026, according to Wood Mackenzie's Corporate Strategic Planner Oil & Gas 2027.
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Tecnimont (MAIRE) awarded FEED contract for petrochemical project in Asia
MAIRE has announced that Tecnimont has been awarded a front-end-engineering design (FEED) and open book cost estimation (OBCE) contract for a petrochemical project located in Asia.
TotalEnergies becomes sole owner of recycling plant
TotalEnergies has agreed to acquire Plastic Energy's 35% interest in the Grandpuits advanced recycling plant, France, which is now wholly owned by TotalEnergies.
UPC and BASF deepen strategic partnership across the plasticiser value chain
UPC Technology Corp. and BASF signed a strategic letter of intent on LowPCF products during the UPC Technology & BASF Low Carbon Footprint Strategic Partnership Summit at UPC's Zhuhai site, China.
Borouge International commercialises XLPE products from new Borouge 4 UAE plant
Borouge Group International AG has announced that it has delivered the first batch of materials from its new Cross-Linked Polyethylene (XLPE) plant in the UAE to customers in the region.
Axens’ Liquid Phase Xylene Isomerization technology for S-Oil reaches FID
Following the licence agreement signed between S-Oil and Axens in late 2024 for Axens’ Liquid Phase Xylene Isomerization (LPI) technology, the project has now reached final investment decision.
Avantium completes commissioning of purification unit at FDCA flagship plant
Avantium N.V. has completed the commissioning of the purification unit at its FDCA Flagship Plant in Delfzijl, the Netherlands, the world's first commercial-scale plant for the production of furandicarboxylic acid.
Olin and Huntsman shareholders approve transformative merger of equals
Olin Corp. and Huntsman Corp. have announced that their respective shareholders have approved the proposals necessary to complete the companies' previously announced all-stock merger of equals.
ExxonMobil and LyondellBasell among potential buyers of Shell’s US chemicals assets
Shell is looking to sell its US chemical assets, with reports that it could fetch up to US$8 billion, with interest expressed from ExxonMobil and LyondellBasell, the Financial Times has reported.