Petrochemicals

ADNOC and the Russian Energy Agency have signed a far-reaching strategic framework agreement covering downstream oil, gas and petrochemicals.

Borealis and Neste are entering into strategic cooperation to produce polypropylene from renewable propane.

ADNOC, Adani, BASF and Borealis have signed an MoU to evaluate their collaboration for a petrochemical complex in Mundra, India.

BEUMER has announced that its bagging technology is to be used in Long Son Petrochemicals’ facility in Vietnam.

Air Liquide will build and operate a unit to supply nitrogen to Kazakhstan Petrochemical Industries’ new polypropylene plant.

S.M. Vadya has been promoted to the position of Director (Refineries) at IndianOil, overseeing the company’s refining and petrochemicals business.

LyondellBasell has announced the construction of a small-scale pilot facility for the recycling of plastic waste into new plastics.

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.