Petrochemicals

The UK government has pledged up to £9 million to support the future of the Mossmorran site and help protect Fife’s wider economy following the ethylene plant’s closure.

ADNOC and OMV have announced strong progress towards the formation of Borouge Group International AG, including the signing of an Asset Usage Agreement for the Borouge 4 (B4) production complex.

Ebara Elliott Energy and NuScale Power Corp. (NuScale) have announced a collaborative research programme to demonstrate and field test a commercial scale high-temperature steam compressor to integrate NuScale Power Modules™ (NPM) with petrochemical plants needing process heat.

Clariant have announced the completion of a collaborative pilot-scale project with Borealis and SINTEF, marking a significant milestone in advancing circular economy solutions for the plastics industry.

Neste has commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland, with a €111 million investment that marks a major milestone in the scale-up of chemical recycling

Evonik has announced the expansion of its collaboration with IMCD into the US market for VISIOMER® specialty methacrylates.

DNV's annual Energy Transition Outlook (ETO) for the UK finds that the energy transition risks being delayed by a lack of 'whole system' thinking.

MAIRE has announced that Tecnimont S.p.A. has been awarded an engineering, procurement and construction (EPC) contract relating to the implementation of a petrochemical project.

Shintech Louisiana, LLC has announced a US$3.4 billion investment to bolster its manufacturing capabilities, with the construction of a second ethylene unit and a fourth chlor-alkali and vinyl chloride monomer unit.

Escalating conflict in the Middle East and restrictions at the Strait of Hormuz are disrupting critical global flows of chemicals, plastics, and energy, the ICIS has reported.

The International Gas Union (IGU) has released a statement on the escalating conflict in the Middle East and its impact on global energy security.

Zeon Corp. will begin construction of a new production plant for cyclo-olefin polymers (COP) at its business site in Yuka Town, Japan.

MAIRE has announced that NEXTCHEM, through its subsidiary CONSER, has been awarded a licensing and process design package for the deployment of its technologies for the co-production of Dimethyl succinate (DMS) and 1.4-Butanediol (BDO) by a major state-owned chemical player in China.

KBR and Petro Rabigh have announced a strategic 10 year general maintenance services contract covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in the Kingdom of Saudi Arabia.

INEOS has announced a €300 million investment supported by French government grants that will deliver the next phase of its Lavera regeneration plan and cut carbon dioxide emissions by 331 000 tpy.