Petrochemicals

The coatings transaction between Carlyle and BASF announced on 10 October 2025 was completed on 30 June 2026, following receipt of all required regulatory approvals.

ABB has won an order from Zhejiang Petroleum & Chemical to deliver ProcessMaster FEP600 electromagnetic flowmeters with Ethernet-APL (Advanced Physical Layer) connectivity for an upgrade at a large refining and petrochemical complex in China.

Technip Energies, Alterra, and Neste announce the commercial launch of Nerea™, a new type of industrial offering designed to accelerate the deployment of chemical recycling projects for plastic waste.

Air Liquide Karabatan Tech Gases LLP has signed a new long-term agreement with Silleno LLP for the supply of nitrogen and compressed dry air to its future polyethylene plant in Kazakhstan.

INEOS Oligomers has announced the expansion of its global DIB offering with the introduction of DIB99S (Diisobutylene 99% with BHT).

GlobalData has reported that low-cost feedstock and developed infrastructure will support PVC capacity additions in the Middle East.

INEOS Styrolution has announced its decision to permanently close its polystyrene production site in Illinois, US, with decommissioning and an orderly closure process expected to be completed in 4Q6.

Nuberg EPC has secured an international project for the review, design, procurement, installation, construction, and commissioning of a 45 tpd chlor-alkali Plant in the Mlandizi District, Coast Region of Tanzania.

ICIS has secured exclusive access to the AMI Polymer Demand and Plastics Processors database, enhancing its ability to provide customers with deeper, more connected insight into global polymer demand and downstream analysis.

Honeywell has introduced Experion Cognition at Borouge Group International AG’s Ruwais facility in Abu Dhabi, UAE for autonomous control room operations.

Xylem has announced a landmark agreement with Dow to design, build, and operate advanced water systems at its large-scale industrial complex in Fort Saskatchewan, Alberta, Canada.

AFPM President and CEO Chet Thompson has issued a statement in response to the Surface Transportation Board’s decision to require supplemental information for the latest Class 1 freight rail merger application.

McDermott has been selected by Aramco as one of the 11 selected contractors for a Project Management Consultancy Long-Term Agreement to support delivery of large-scale energy, downstream, petrochemical, and low carbon projects across the Kingdom of Saudi Arabia.

Encina has announced the execution of a strategic collaboration agreement with BASF supporting the development of Encina’s planned US Gulf Coast circular chemicals manufacturing facility.

Aggreko has helped to prevent a costly extended shutdown for KEM ONE’s Fos-sur-Mer plant following a time-critical restart of its production units that had to be completed within 72 hours.