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KBC updates its production accounting software

KBC has announced the release of Visual MESA® Production Accounting 4.2 for yield accounting and data reconciliation in oil, gas and chemical operations.


Honeywell and Environ ink MoU

Honeywell has signed a Memorandum of Understanding (MoU) with Egypt’s Environ Adapt for Recycling Industries with the aim of advancing plastics recycling in the country.

Sichuan Energy Investment and hte sign MoU

Sichuan Energy Investment (SCEI) and hte have signed an MoU to establish a satellite laboratory in Heidelberg, Germany, to accelerate SCEI’s R&D activities.

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.

More Petrochemicals news

GlobalData: Asia to dominate global PET capacity additions

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.