The Eastern Mediterranean Petrochemical Industrial Zone and Port, developed by Rönesans Holding in Ceyhan, Adana, Türkiye, has entered a new phase of development driven by new investments, ongoing infrastructure works, and growing international investor interest.
Asia continues to account for a major share of the global project pipeline, supported by ongoing investments in petrochemical plants, conventional refinery, transmission pipelines, and oil storage projects, GlobalData has reported.
Increased segmentation in Europe’s recycled low density polyethylene market has prompted ICIS to introduce a new flexible natural transparent rLDPE pellet price as part of its existing recycled polyethylene pricing service.
The Saudi Basic Industries Corp. have announced the signing of a Project Development Agreement with Rongsheng Petrochemical Co. Ltd. to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.
Fluor Corp. has announced that it has been selected by Gulf Petrochemical Industries Co. to execute the front-end engineering and design for a new aromatics facility located in the Kingdom of Bahrain.
Catalyxx has announced that Sines, Portugal, has been selected as the location for Catalyxx Ibérica, the company's first commercial-scale plant.
Celtic Renewables has partnered with Evonik to supply bio-based chemicals for use in cosmetics formulations.
OXEA Corp. has awarded Kent detailed engineering services for a major specialty chemicals project at its Bay City facility in Texas, US.
Johnson Matthey has completed the sale of its Catalyst Technologies business to Honeywell Technologies for an enterprise value of £1.325 billion on a cash and debt-free basis.
Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.
OXEA has announced its Final Investment Decision (FID) for a major capacity expansion at its Bay City, Texas, US, production site.
Catalyxx has secured a €20 million grant in EU funding through RenewChem for the construction of Catalyxx's first commercial bio-based chemicals plant in Europe.
US petroleum exports reached a record in April as disruptions to international crude oil and refined product flows through the Strait of Hormuz increased global demand for US exports, the US EIA has reported.
INEOS and Norwegian recycling company Recuro have signed a Memorandum of Understanding to develop an advanced recycling facility at INEOS’ Bamble polymer site in Norway.
ABB has won an order from Zhejiang Petroleum & Chemical to deliver ProcessMaster FEP600 electromagnetic flowmeters with Ethernet-APL (Advanced Physical Layer) connectivity for an upgrade at a large refining and petrochemical complex in China.