Petrochemicals

The US Energy Information Administration (EIA) reports that US ethane production increased steadily over the last decade and reached a record of 3 million bpd in May 2024.

BASF is strengthening its styrene value chain at its Ludwigshafen site in Germany by expanding the production capacity of Neopor® by 50 000 tpy.

Neste and Braskem announce agreement on supply of renewable and recycled feedstocks for polymers and chemicals production.

Alterra has announced the first closing of its latest equity investment round with funding from Infinity Recycling, LyondellBasell and Chevron Phillips Chemical.

BGEN has announced that it has signed a five-year contract with the petrochemical manufacturer, INEOS O&P UK.

In line with the announcement made at the inauguration of a semi-industrial demonstration unit in Japan in October 2023, Axens, IFPEN and JEPLAN, partners in the project, have announced the launch of the commercialisation by Axens of the Rewind® PET process.

LyondellBasell (LYB) has announced it has become full owner of APK AG in Merseburg, Germany.

Stahl has announced the opening of a new facility for the manufacturing of polyurethane dispersions (PUD) in Singapore.

Clariant has hosted a Memorandum of Understanding (MoU) signing ceremony with DS Dansuk at its Pohang production site in Korea to mark the commissioning of its Tonsil RNF series of high performing adsorbent.

Neste has enhanced its chemical recycling capabilities by collaborating with Tepsa Netherlands on the storage and handling of liquefied waste plastic in Rotterdam, the Netherlands.

Lummus Technology and Next Wave Energy Partners, LP (Next Wave) have announced the production of the world's first renewable alkylate.

Technip Energies has announced that the Long Son Petrochemicals Co., Ltd. (LSP) olefins plant in Long Son Island, Ba Ria-Vung Tau province, Vietnam, passed its final performance acceptance test.

Toyo Engineering Corp. has signed a Memorandum of Understanding (MoU) with the State Concern Turkmenhimiya which oversees the production and sales of chemicals in Turkmenistan.

EnerMech has become the integrated service contract supplier of choice to KENT Energies Ltd. for ExxonMobil’s new low sulfur diesel facility at its Fawley Petrochemical Complex, located in Hampshire, UK.

Wood has announced that it is to operate and maintain one of the world’s largest plastics recycling facilities, the Freepoint Eco-Systems plant in the US.