Petrochemicals

The Energy Information Administration has updated its forecast for 2025’s US natural gas prices and has revealed expectations for oil prices to decrease later in the year.

VTTI and Pyrum have partnered to develop a waste tyres recycling thermolysis plant in Antwerp, Belgium.

TotalEnergies Corbion, provider of the world’s first commercially available recycled PLA, showcases its approach to sustainable plastics.

CMS has secured US$4.6 million project to repair various fuels facilities at Andersen AFB.

Lummus and Resynergi have announced commercial availability of microwave-powered plastic pyrolysis technology.

MARIE has announced that NEXTCHEM has been awarded a 3-year contract by SATORP to provide engineering and technology services related to the Sulphur Recovery Complex of SATORP’s refinery in Jubail, Kingdom of Saudi Arabia.

Lamor Corp. Plc. has increased its ownership in the company's strategic chemical recycling of plastics business and buys the remaining 30% stake of minority shareholder Resiclo Oy in Lamor Recycling Oy.

Cleanova, a manufacturer of filtration systems, has announced that it has acquired the Micronics Engineered Filtration Group (Micronics).

Odfjell Terminals Korea and S-OIL strengthen strategic partnership with 10-year storage agreement.

LyondellBasell has announced an investment to expand propylene production capacity at its Channelview Complex near Houston, Texas, US.

Honeywell is set to acquire Sundyne to expand critical equipment portfolio and aftermarket services.

MAIRE has announced new awards for the value of approximately US$3.5 billion for EPC activities.

Axens and SOREMA have signed a partnership for providing advanced plastic recycling integrated solutions.

Huntsman Polyurethanes has secured ISCC+ Certification for TPU production sites.

OMV and ADNOC are set to create a US$60 billion global polyolefins group, Borouge Group International.