Petrochemicals

Advanced Polyolefins Industry Co. has signed a loan agreement with the Saudi Industrial Development Fund (SIDF).

Aramco's subsidiary, SAAC, has signed a Memorandum of Understanding (MoU) with Sinopec for potential downstream collaboration in China.

hte has been awarded a tender for the provision of a very flexible high throughput solution to A*STAR.

Yousef A. Al-Benyan, Vice Chairman and CEO of SABIC, and Chairman of the Gulf Petrochemicals and Chemicals Association, has stated that the GCC chemical industry must refocus on meeting decarbonisation and circularity goals.

AFPM President and CEO Chet Thompson has written a letter confirming AFPM’s position on petroleum imports from Russia.

Process Insights, a Union Park Capital portfolio company, has acquired Guided Wave Inc. from Singapore-based Advanced Holdings Ltd.

hte has been selected by Gevo – a developer sustainable, low-carbon biofuel and chemicals – to advance their understanding of the catalytic dehydration of biogenic isobutanol to form isobutylene.

INEOS Aromatics has completed the US$70 million modernisation of a PTA facility in Merak, Indonesia, which significantly reduces emissions and increases capacity.

Wood Mackenzie analyses the risks to commodities and corporate exposure, as well as the wider economic fallout of Russia’s invasion of Ukraine.

IBM Security’s ‘2022 X Force Threat Intelligence Index’ reveals that the energy industry accounted for 24% of all cyberattacks in the UK last year.

The companies have entered into a cooperation agreement to develop improved capital and operating efficiencies for the production of on-purpose linear alpha olefins for use in manufacturing polyethylene resins.

ExxonMobil has completed its first commercial sale of certified circular polymers, using its ExxtendTM technology for advanced recycling of plastic waste.

Tranter has received an order from a European-based EPC company for a petrochemical project in Eastern Europe.

TOYO has been selected as the commissioned contractor of a project to assess the feasibility of electrifying ethylene cracking furnaces in Thailand, in order to support the country's net zero goals.

The goal of the project is to switch naphtha crackers from running on conventional methane-based fuel to one in which ammonia is the principal component.