Petrochemicals

GlobalData has reported that global ethylene oxide capacity additions will be led by Asia between 2019 – 2023.

Fluor has announced that it has been named as a finalist in three categories at the Institution of Chemical Engineers Global 2019 Awards.

Arkema has announced the proposed divestment of its Functional Polyolefins business to SK Global Chemical.

LyondellBasell has named Michael McMurray its executive vice president and chief financial officer, to replace Thomas Aebischer.

Analysts from Saitama Rakuten International have reported that Saudi Aramco could raise the highest amount of capital from an IPO ever.

SIBUR has announced the opening of a new polymer logistics hub in Vorsino Industrial Park for the distribution of its polymer products.

GlobalData has reported that the Middle East is to propel global acetic acid capacity additions by 2023.

ClearStream has announced new project awards and a 100% contract renewal rate with upstream, downstream and midstream companies.

Honeywell has announced that Ceyhan Polipropilen Uretim has selected its technology for a propylene unit at a new petrochemicals complex in Turkey.

BASF has announced a €20 million investment in Quantafuel in order to promote a circular plastic economy.

GlobalData has reported that China will contribute 61% to global purified terephthalic acid capacity increases by 2023.

Clariant’s Catalysts business unit has teamed up with Wuxi Xiyuan to support China’s formaldehyde producers with sustainable off-gas treatment.

GE has announced the successful installation of upgrades on two of the petrochemical facility’s six 6B gas turbines in Eleme, Nigeria.

Shell Catalysts & Technologies and AMG Advanced Metallurgical Group have formed a new catalyst recycling joint venture.

INEOS is considering the closure of its Seal Sands acrylonitrile plant mainly over concerns for its future long-term safe operation.