Petrochemicals

Indorama Ventures, a global sustainable chemical company, has completed the acquisition of Ngoc Nghia, one of Vietnam’s leading PET packaging companies.

A new report from GlobalData suggests that Asia will account 61% of global ethylene capacity additions through 2030.

Borealis has selected Axens' Rewind Mix process for its plastics pyrolysis oil upgrading unit in Stenungsund, Sweden.

Sulzer has begun the construction of a new expansion to its Baton Rouge Service Centre in Louisiana, US.

Fuhaichuang Petrochemical Co. Ltd has selected Axens’ ebullated-bed residue hydrocracking technology to help boost the profitability of its assets.

Technip Energies and Alterra Energy have signed an agreement to jointly develop sustainable plastics projects.

Linde is expanding its La Porte facility in Texas, US, effectively doubling the facility's merchant liquid production capacity.

Technip Energies and Clariant have signed a cooperation agreement for the implementation of Clariant’s sunliquid® cellulosic ethanol technology.

Effective immediately, or as contracts permit, Clariant will implement price increases across its Catalysts portfolio.

LyondellBasell has announced the publication of its 2021 sustainability report, which details the company's ambitions to help end plastic waste in the environment, and address climate change.

Servomex has helped to improved safety at a newly expanded purified terephthalic acid (PTA) facility at the Merak plant in Indonesia.

Cyclyx International, a consortium-based supply chain innovation company with a mission to increase the recycling rate of plastic, has announced that NOVA Chemicals has joined as the newest member.

The companies have announced that the pilot demonstration of Compact Membrane Systems' Optiperm technology for light olefin paraffin separation has started up at Braskem's Marcus Hook facility in the US.

NextChem has completed construction of a demonstration plant in Italy for the chemical recycling of PET and polyester from textiles, as part of the EU's DEMETO project.

Consumption of ethane has grown every year since 2010 in the US, and more ethane is now consumed in the country than either jet fuel or propane.