Petrochemicals

Worley has been awarded two contracts by Corpus Christi Polymers for its polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plant in Corpus Christi, Texas, US.

After reaching multi-year highs in March 2022, propane spot prices at the Mont Belvieu distribution hub in Texas, US, have steadily declined.

In light of recent developments and news about alleged malpractices at one of its contractors at the new PDH construction site in Kallo, Belgium, Borealis has decided to declare a three-day standstill for the site.

Corpus Christi Polymers LLC has awarded Worley contracts for facilities producing plastics.

The API has filed comments with the EPA, highlighting concern that proposed changes to perchloroethylene regulations are not based on the best available science and could lead to serious impediments to the refining process.

Indorama Ventures and Capchem evaluate proposed carbonate solvents plant to supply North American lithium-ion battery market.

INEOS and SINOPEC have signed three back-to-back deals worth a combined value of US$7 billion.

Maire Tecnimont S.p.A.'s subsidiary, NextChem, has been awarded a FEED contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant for municipal plastic waste.

Dow and Al-Hejailan Group have signed a MoU to build a joint venture MDEA plant in Saudi Arabia.

Neste, a producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has agreed to acquire 100% of Walco Foods – an Irish trader of animal fats.

Itero has raised €6 million in investments, with €5 million from Infinity Recycling’s Circular Plastics Fund, to support the design and construction of a plastic-to-product demonstration plant located in Geleen, the Netherlands.

LyondellBasell has recently joined NEXTLOOPP – an initiative aimed at creating circular food-grade recycled polypropylene from post-consumer packaging.

Siemens Energy is joining the AWS Partner Network to provide customers with industrial cybersecurity, analytics, and storage solutions.

TotalEnergies has announced the start-up of a new ethane cracker in Port Arthur, Texas, US.

BASF SE has announced its final approval for the construction of the planned Verbund site in Zhanjiang, China. The focus will now be on building the core of the Verbund, which includes a steam cracker and several downstream plants for the production of petrochemicals.