Asia is set to lead the global polyethylene terephthalate (PET) industry capacity additions with a share of 58% by 2026 from new-build and expansion projects between 2022 – 2026, forecasts GlobalData.
The new non-phthalate polypropylene portfolio delivers a variety of advanced attributes, supporting automotive, healthcare and food packaging end products.
Aramco's subsidiary, S-OIL, is making its biggest ever investment in South Korea to develop one of the world’s largest refinery-integrated petrochemical steam crackers.
Sulzer has finalised an extensive modernisation project at the Kotka pump factory in Finland, whereby new automation and digitisation capabilities will take production to a new level.
Neste, Brightlands Venture Partners, 4impact and Asahi Kasei are investing in Circularise, a start-up aimed at accelerating the transformation to more sustainable materials within the polymers and chemicals industry.
Chevron Phillips Chemical and QatarEnergy are proceeding with the construction of a US$8.5 billion integrated polymers facility in Orange, Texas, US.
Shell Chemical Appalachia LLC, a subsidiary of Shell, has commenced operations at its Pennsylvania chemical project – the first major polyethylene manufacturing complex in northeastern US.
Clean Planet Energy has announced a new joint venture with Crossroads Real Estate to fund the company's ecoPlant – an advanced recycling facility that will process waste plastics.
Pertamina NRE and ACWA Power have signed a joint development agreement to support the development of the Tuban grassroot refinery and petrochemical project in Indonesia.
TOYO has been awarded contracts by BASF to provide EPC services for a large-scale petrochemical complex in Zhanjiang, Guangdong, China.
IMI Saudi Industry LLC has unveiled a new facility in Dammam, Saudi Arabia, to supply valve solutions and bolster national manufacturing capabilities in line with government plans.
Godrej & Boyce, the flagship company of the Godrej Group, has announced that its business Godrej Process Equipment is targeting to double its growth in the Middle East by 2025.
Sanoat Energetika Guruhi (SEG), Uzbekistan’s largest private oil and gas company, has announced the launch of its new umbrella brand: SANEG.
Braskem has announced the construction of its new Renewable Innovation Center located in Lexington, Massachusetts, US.
Axens has acquired HydroThane Holding BV – an engineering company specialising in biological technologies for the treatment of industrial wastewater streams.