Petrochemicals

Haiwan Chemical has contracted KBR to license its phenol and acetone technology for a new plant in Qingdao City, China.

A new report from IndustryARC suggests that the propylene Glycol market is forecast to reach US$5 billion by 2025 and is estimated to grow at a CAGR of 4%.

Siemens has successfully installed and started up its Zimpro® wet air oxidation unit for an olefins plant in the US.

Saudi Aramco has signed 12 agreements worth billions of dollars with various South Korean companies.

Wood Mackenzie comments on Qatar Petroleum and Chevron Phillips Chemical’s plans to build new world-scale ethane cracker in Qatar.

With the inauguration of two new facilities and the signing of a memorandum of understanding, S-Oil and Saudi Aramco are continuing to expand their petrochemicals capacities.

Petronas Chemicals and Scomi have signed two agreements for collaboration in research, development and marketing of chemical solutions.

GlobalData has reported that China and India will lead global polypropylene capacity additions by 2023.

Chevron Phillips and Qatar Petroleum have signed an agreement to develop a petrochemical complex in Qatar.

The IEA reports on how the chemicals industry is one of the largest energy users, accounting for 12% of global industrial energy use.

GlobalData has reported that Asia and North America will lead global ethylene capacity additions by 2023.

GCGV, a joint-venture of ExxonMobil and SABIC, has contracted MHIENG to construct a large-scale polyethylene plant in Texas.

Neste and LyondellBasell have announced the commercial-scale production of bio-based plastic from renewable materials.

Grace has licensed its UNIPOL polypropylene process technology to Hyundai Chemical, for use in their cracker complex.

SK E&C has been awarded the FEED contract for INEOS’ PDH unit at the centre of its investment in Antwerp, Belgium.