Petrochemicals

According to IHS Markit, despite economic slowdown and overcapacity, China is still to drive global petrochemical market growth.

Amec Foster Wheeler has signed a global downstream framework agreement with Shell.

Scientists at the US Department of Energy's Argonne National Laboratory have announced their reusable sponge, that soaks up oil, could revolutionise oil spill and diesel cleanup.

Mammoet has been awarded a contract to support a large polymer production plant expansion project.

Southern Research is developing a project to turn captured carbon dioxide into useful chemicals.

DuPont Performance Materials has announced that it will increase its prices for several of its products on the global market.

Toyo Engineering Korea has been awarded the FEED contract for a new polyethylene project in Indonesia.

Zachry Group has announced the acquisition of Ambitech Engineering Corp.

Lux Research has released a new report on 'eliminating wastewater', estimating that the zero-liquid discharge market will reach a value of US$2.7 billion in 2030.

Siemens will supply rotating equipment for a major petrochemical project in Oman.

Veritas Capital has announced it has acquired the capital services business from CB&I for US$755 million.

Fuel Tech has announced it has been awarded air pollution control orders totaling US$2.9 million.

KBR has been awarded a revamp contract for LG Chem’s ethylene plant in Daesan, South Korea.

Kerui Petroleum has announced its plans to build an onshore export/import gateway for high-end petroleum equipment with AEO Certification and Customs Inspection Station.

Honeywell UOP has announced that the Jiangsu Sailboat Petrochemicals Company starts Honeywell UOP methanol-to-olefins unit.