Petrochemicals

LOTTE INEOS Chemical has announced plans to build a third vinyl acetate monomer (VAM) production plant in South Korea.

Veritas Capital, an investor at the intersection of technology and government, has announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk.

William I.Y. Byun, ChemOne Group, Singapore, presents a new perspective on the petrochemical industry, as it tackles decarbonisation.

Petrochemical projects will constitute the majority of the upcoming oil and gas projects that are expected to commence operations in Saudi Arabia during the period 2023 – 2027.

Uniper has commissioned Sunfire to build a 30 MW pressurised alkaline electrolysis plant for the Swedish ‘Project Air’.

Albemarle has announced the official brand launch of Ketjen – its wholly-owned subsidiary that crafts tailored, advanced catalyst solutions for the petrochemical, refining and specialty chemicals industries.

Godrej Process Equipment has delivered equipment to Tecnimont for Indian Oil Corp. Ltd (IOCL)’s integrated paraxylene-purified terephthalic acid project at the Paradip refinery in Odisha, India.

The facility will provide customers with services for control systems engineering, staging and testing, manufacturing of differential pressure transmitters and control valves, and pressure relief and solenoid valve assembly.

Veolia Water Technologies & Solutions has announced a collaboration with OLI Systems to optimise operations in the refining and petrochemical industries through the use of OLI's innovative cloud platform that delivers actionable insights to operations teams.

Phillips 66 has received ISCC PLUS certification for its Sweeny Refinery in Texas, US, to process oil made from waste plastics into feedstocks for new plastics.

OGCI Climate Investments has invested in CL-Invest, a company developing projects that reduce methane and flare emissions from existing oil and gas infrastructure.

Emerson will provide automation technologies, software and analytics for the Ras Laffan Petrochemical Complex in Qatar, as part of a consortium with Viasat Energy Services.

Maire Tecnimont is expanding into the derivates and biodegradable plastic byproducts licensing markets with the acquisition of an 83.5% stake in Conser.

Nuberg EPC has announced that it has been awarded a prestigious 550 tpd sulfuric acid plant project on an EPC-based contract, in Neratovice, Czech Republic.

SABIC has reaffirmed its commitment to accelerating the circular carbon economy by unveiling its ambition to process 1 million t of TRUCIRCLE™ solutions annually by 2030.