Petrochemicals

Cyclyx International, a joint venture (JV) between Agilyx and ExxonMobil, has announced that LyondellBasell has acquired 25% equity ownership of the JV.

Lummus Technology has reached an agreement with Air Liquide Engineering & Construction to acquire rights to license and market ester grade acrylic acid technology, and light and heavy acrylates process technology.

KBC (A Yokogawa Company) has announced the launch of KBC Acuity™ Industrial Cloud Suite, which will serve as the new umbrella for cloud delivery of KBC’s software and solutions.

Braskem, the global biopolymer producer, has announced the opening of its representative office in Tokyo, Japan.

LyondellBasell has announced that it has acquired a 50% stake in Rodepa Vastgoed B.V., the holding company of De Paauw Sustainable Resources (DPSR).

Unipar is modernising its chlor-alkali plant at the Cubatão plant in Brazil by incorporating thyssenkrupp nucera electrolysers.

BASF has announced that it has expanded capacities for ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium.

UPM Biochemicals has selected Dongsung Chemical as the sole distributor of its bio-monoethylene glycol (BioMEG) in Korea.

Aramco, Nanshan Group, Shandong Energy Group and Shandong Yulong Petrochemical have signed a Memorandum of Understanding (MoU).

ChemOne Group has established an Islamic tranche in the overall scheme of an Export Credit Agency (ECA) backed project financing for the Pengerang Energy Complex (PEC).

Lummus Technology has announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd for a new polypropylene plant in Ningbo, China.

Carbon Recycling International (CRI) and Jiangsu Sailboat have successfully started up one of the world's most efficient CO2-to-methanol plants.

Ras Laffan Petrochemicals, a joint venture (JV) company owned 30% by Chevron Phillips Chemical and 70% by QatarEnergy, has secured US$4.4 billion to finance an integrated polymers facility.

Toyo Engineering has been awarded energy efficiency study contracts for the modernisation of an existing large-scale aromatics plant and phenol plant from PTT Global Chemical Public Company Ltd (GC).

Mammoet's integrated heavy lifting and transport solutions have minimised the complexity of a petrochemical plant construction project in Saudi Arabia.