Petrochemicals

A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fibre.

INEOS Olefins & Polymers Europe has become the first polymer producer in the world to successfully commission a new pilot line that it will use with customers to co-develop recyclable flexible packaging films.

China is set to drive global ethylene capacity additions, occupying a share of 35% by 2030, as both demand and supply of ethylene are expected to grow in the country, according to GlobalData.

The latest DNV survey, 'The Paradox of Petroleum - How the oil and gas sector is transforming through uncertainty', gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.

TOYO and Circular Plas have signed an agreement on the joint development of post-consumer plastics into recycled feedstock for petrochemicals.

Technip Energies has been awarded a significant contract for IOCL’s grassroots naphtha cracking unit at Paradip in India.

Amogy has signed a Memorandum of Understanding (MoU) with Plastic 2 Green Inc. (P2G), a company that transforms co-mingled waste plastic into profitable, zero-carbon ammonia.

Following the pre-selection announced in January 2024, MAIRE has announced that NextChem Tech and MyRemono have signed a grant agreement under the framework of the EU 'Innovation Fund 3rd call for Small Scale projects'.

LyondellBasell (LYB) announced the start-up of an additional production line at the Dalian site of its advanced polymer solutions (APS) business, further expanding its presence in China.

Siemens Smart Infrastructure and BASF have announced the first electrical safety product to include components made from biomass-balanced plastics.

After a successful test phase, SGS, an inspection, and certification company, has launched drone transport in the Port of Antwerp.

Qingyang Tongxin Petroleum Technology Co., Ltd. has selected Lummus' CATOFIN® technology for a new dehydrogenation unit in Qingyang City, Gansu Province, China.

Lummus Technology has taken a lead investor position in RWDC Industries' convertible bond round, further strengthening the partnership between the two companies to bring polyhydroxyalkanoates (PHA) to the global market.

LyondellBasell (LYB) and Alujain have announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Co. (NATPET), by LYB from Alujain.

Lummus Technology has announced the commercial availability of CDDMESM, a new renewable dimethyl ether (DME) technology that is enhanced through catalytic distillation (CD).