Petrochemicals

LyondellBasell and Covestro have announced the permanent closure of PO11 unit at Maasvlakte in the Netherlands.

China is set to drive global polyolefins capacity additions through 2030 according to analysts at GlobalData.

Oil prices are likely to be lower in 2025 than the previous year according to a report from Wood Mackenzie.

Aradel Holdings Plc has announced the completion of SPDC Nigeria by Renaissance Africa Energy Holdings.

deugro has delivered over 85 000 cubic meters of equipment for a large petrochemical project in Texas, US.

Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International Ltd (China Resources) for the supply of LNG to China.

Vaalco Energy, Inc. has announced its 4Q24 results and reported on its full year 2024 financial and operating results as well as year-end 2024 reserves.

The US Energy information Administration has revealed that US propane exports have increased every year since 2007.

Horizon Petroleum provides an operations update of its preparation for first production in Poland.

The Energy Information Administration has updated its forecast for 2025’s US natural gas prices and has revealed expectations for oil prices to decrease later in the year.

VTTI and Pyrum have partnered to develop a waste tyres recycling thermolysis plant in Antwerp, Belgium.

TotalEnergies Corbion, provider of the world’s first commercially available recycled PLA, showcases its approach to sustainable plastics.

CMS has secured US$4.6 million project to repair various fuels facilities at Andersen AFB.

Lummus and Resynergi have announced commercial availability of microwave-powered plastic pyrolysis technology.

MARIE has announced that NEXTCHEM has been awarded a 3-year contract by SATORP to provide engineering and technology services related to the Sulphur Recovery Complex of SATORP’s refinery in Jubail, Kingdom of Saudi Arabia.