Petrochemicals

BPCL and Oil India are set to build an integrated greenfield refinery and petrochemical plant in Ramayapatnam, India, with an estimated investment of IR1 lakh crore (US$11 billion).

Asia is poised to dominate the global petrochemicals projects landscape, representing for nearly two-thirds of the projects slated to commence operations by the end of the decade, according to GlobalData.

Braskem S.A. has announced it will increase the ethane base capacity of its petrochemical plant in Rio de Janeiro, Brazil, by 220 000 tpy of ethylene and equivalent volumes of polyethylene.

NEXTCHEM and Uzkimyosanoat JSC have signed an agreement on a potential collaboration to develop a carbon capture project in Uzbekistan.

BASF SE and ANDRITZ Group have signed a license agreement for the use of BASF’s proprietary gas treatment technology in a carbon capture project planned to be implemented in the city of Aarhus, Denmark.

Mitsui Chemicals Inc. and Polyplastics Co. Ltd have announced that the companies have entered into a contract regarding marketing operations for engineering plastics products.

Suez Canal Authority has signed a strategic partnership contract with Anchorage Investments to build a petrochemicals complex in Ain Sokha, Egypt, with US$2 billion in investments for the first phase.

Yokogawa has announced it has signed a memorandum of cooperation (MoC) with Sinopec Engineering (SEG) to collaborate on engineering, procurement, and construction (EPC) for SEG's projects worldwide.

BASF has announced a strategic collaboration with International Flavors & Fragrances Inc. (IFF) to accelerate the development of IFF’s Designed Enzymatic Biomaterials™ technology platform.

Lummus Technology and KazMunayGas (KMG) announced that the companies have signed a preliminary agreement to establish a digital centre of excellence in Atyrau, Kazakhstan.

Repsol has launched its own intelligent agent construction platform, highlighting the use of agent-based artificial intelligence (AI) and multi-agent systems.

Koch has announced collaboration with Sema4.ai, a provider of enterprise AI Agent solutions, to streamline operations, enhance productivity, and deliver mutual benefit across both organisations.

At the 7th National Alkane Dehydrogenation Industry Innovation and Development Forum in Ningbo, China, on 26 August 2025, Rezel Catalysts Corp. announced the successful first industrial application of its independently developed chromium-based fixed-bed propane dehydrogenation (PDH) catalyst.

Burckhardt Compressions has secured a major equipment order for a new chemicals storage facility in the TA’ZIZ Industrial Chemicals Zone, located in Al Ruwais Industrial City, Abu Dhabi, UAE.

US ethane exports are poised for significant growth through 2026, driven by robust global demand for ethane as a petrochemical feedstock, substantial US export capacity expansions, and larger vessels to carry ethane exports, the EIA has reported.