Petrochemicals

A GlobalData report reveals that Asia and the Middle East will lead the growth of the global petrochemicals market capacity through 2026.

Biozin Holding AS has awarded Pöyry with the owner's engineering services assignment for the pre-engineering phase for a planned biozin® production plant.

Total has accepted an offer from styrenics supplier INEOS Styrolution to acquire its polystyrene business in China.

BCCK Holding Co. announces the opening of its new office in The Woodlands, Texas.

OPITO has appointed Mark Cullens to the new role of director of strategic development.

Par Pacific will purchase certain units from IES following IES's announcement of the cessation of their refining operations.

EBK has announced a multi-million euro investment in new measurement and expansion technologies for its steel pipe products.

NextDecade has agreed to sell series B convertible preferred stock to funds managed by BlackRock.

Research by IHS Markit suggests that global MMA demand is increasing as supply becomes increasingly constrained.

Total has signed agreements to sell its stake in the Hazira terminal and provide LNG to Shell for five years.

LSP has awarded a contract to TechnipFMC for the construction of Vietnam's first olefins plant.

NextDecade agrees sale of stock to HGC and stockholders York, Valinor and Halcyon.

Chart Lifecycle has announced a new aftermarket programme focused on improving the integrity of BAHX, cold box and CIK equipment.

Tube Tech International has partnered with ParFab Companies to combine their services to a shared customer base.

A new Air Products business division will integrate the turboexpander capabilities of Air Products and Rotoflow.