Petrochemicals

Lummus' Green Circle announces agreement for advanced plastic recycling technology with Dongyang Environment Group.

Wood has signed a collaboration agreement with OMV for the commercial licensing of its innovative plastic recycling technology, ReOil®.

TotalEnergies and Borealis have announced the start-up of the Baystar joint venture's (JV) new 625 000 tpy Borstar® polyethylene (PE) unit.

Toray Industries, Inc., has announced that it has further expanded its lineup of high-performance-grade chemical-recycled polybutylene terephthalate (PBT) resin products.

INPEX Corp., Air Liquide Group, LSB Industries Inc., and Vopak Moda Houston LLC have agreed to collaborate on the development of a large-scale, low-carbon ammonia production and export project on the Houston Ship Channel.

Nuberg EPC has been awarded a propylene purification package (PPP) contract by Indian Oil Corp. Ltd. (IOCL).

INEOS has announced it has reached an agreement with Eastman Chemical Company to purchase the Eastman Texas City site, including the 600 000 t acetic acid plant and all associated third party activities on the site.

Delays at the Panama Canal because of low water levels are causing very large gas carrier (VLGC) rates to reach record highs, increasing the cost of shipping LPG.

Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data from the EIA's Country Analysis Brief: Kuwait.

Samsung Engineering has received the NoA (Notice of Award) for the FEED contract for a petrochemical plant from Alujain National Industrial Co. (LNIC) in Saudi Arabia.

KBC (A Yokogawa Company) has announced the launch of Petro-SIM® 7.4 simulation software for the oil and gas, renewables, and process industries.

Dow has announced the start-up of a new MDI distillation and prepolymers facility at its world-scale manufacturing site in Freeport, Texas, US.

ExxonMobil has announced the startup of two new chemical production units at its Baytown, Texas, US, manufacturing facility.

Vopak has announced that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam, the Netherlands for a total purchase price of €407 million.

Aramco has agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax), a downstream fuels retailer in Chile.