Petrochemicals

Together with Siheung City and Siheung Urban Corp., LG Chem has signed an MoU for the construction of a waste plastic recycling system.

INEOS Aromatics has completed a US$70 million modernisation of its PTA plant in Merak, Indonesia, that will significantly reduce emissions and increase capacity.

The EIA’s 2022 Annual Energy Outlook report projects growth in consumption of NGLs in the bulk chemicals industry.

Eastman has entered into an exclusive negotiation with Port-Jérôme-sur-Seine as the preferred location of a molecular recycling facility that it plans to build in France.

BASF Venture Capital has announced a strategic investment in Oceanworks – a sustainable plastic solutions provider that brings traceability and transparency through the digitalisation of recycled plastics.

MCO-I has secured a contract to deliver compressor train equipment for Chevron Phillips Chemicals' new propylene unit in Texas.

The companies have signed an agreement to form a joint venture company focused on providing oilfield and industrial chemicals in Saudi Arabia.

Clariant’s Catalysts business has been awarded three new contracts by China’s Lihuayi Group for its upcoming petrochemicals production units.

Neste is conducting a feasibility study to examine investing in capacity for processing liquefied waste plastic at its refinery in Porvoo, Finland, where the company are working on commercialising the chemical recycling of waste plastic.

Amarinth has delivered bespoke and compact API 610 vertical in-line pumps to be used at SABIC's petrochemical refinery in Yanbu, Saudi Arabia.

The companies will collaborate to bring significant advancements to propane dehydrogenation technology.

At the recent World Petrochemicals Conference, SABIC's Vice Chairman and CEO referred to a report that estimated digital transformation could deliver up to half a trillion dollars’ worth of economic benefits to the chemical industry over the next 10 years.

The American Petroleum Institute has awarded its Gold Medal for Distinguished Achievement to Gary R. Heminger, former chairman and CEO of Marathon Petroleum Corp.

KBR has announced that it has secured a contract from a leading midstream company for a world-scale olefins production facility to be built on the US Gulf Coast.

ExxonMobil has announced that construction of the new linear alpha olefins (LAO) manufacturing unit at its Baytown, Texas, integrated petrochemical complex is targeting commercial start up in mid-2023.