Petrochemicals

US propane exports reached a record 1.7 million bpd in March 2023. Propane is consumed globally for space heating, and is used as a petrochemical feedstock.

DNV and Siemens Energy's global additive manufacturing (AM) business unit are joining forces to create a quality assurance platform for the 3D printing industry.

Indorama Ventures and Carbios have signed an MoU to form a joint venture for the construction of one of the world’s first PET biorecycling plants in France.

US ethane exports averaged 537 000 bpd in March 2023 – an all-time high since the US began exporting ethane nearly a decade ago.

Technip Energies, LyondellBasell and Chevron Phillips Chemical have signed a MoU for an electric cracking ethylene furnace.

Emerson is helping HaloSep to optimise its process that turns hazardous incinerator flue gas residue from waste-to-energy plants into usable materials.

Worley has announced the completion of the sale of the turnaround and maintenance business in North America to CAM Industrial Solutions.

Chevron Lummus Global (CLG) and TAQAT Development Co. have announced a license and engineering agreement for a needle coke/synthetic graphite complex.

Sinopec has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry in Kazakhstan, to develop a polyethylene project in the Atyrau region.

McDermott has been awarded a project management consultancy contract from IOCL for the maleic anhydride unit at the Panipat refinery and petrochemical complex, located 62 miles from New Delhi, India.

Asia is expected to lead global ethylene industry capacity additions with a share of 54.8% by 2027, by gaining capacities from new-build and expansion projects between 2023 – 2027.

BCCK's patent-pending technology has been designed to optimise propane recoveries.

Lummus Technology has announced Alujain National Industrial Co. has selected its C3 CATOFIN propane dehydrogenation (PDH) technology for its new propylene plant in Yanbu, Saudi Arabia.

Lummus Technology and Texplore have announced a commercial cooperation agreement to license and market EXCENE™, Texplore’s high-density polyethylene (HDPE) technology.

Asahi Kasei and Microwave Chemical have launched a joint demonstration project aimed at commercialising a chemical recycling process for polyamide 661 using microwave technology.