Petrochemicals

TOYO has been awarded a contract from a newly-established Chinese subsidiary of Polyplastics Co., Ltd. to construct a polyacetal plant in Nantong, China.

The API recently announced that Chevron Chairman and CEO Mike Wirth will serve as Chairman of API’s Board of Directors for a two-year term.

BASF has enhanced the company’s portfolio of methylene diphenyl diisocyanate with the introduction of the Lupranat® ZERO – a greenhouse gas-neutral aromatic isocyanate.

SABIC has signed an agreement to purchase Clariant’s 50% stake in Scientific Design – a catalyst producer and licensor of process technologies.

A mild start to this winter’s heating season has caused US propane prices to decline from the highest starting prices since 2014.

The companies have signed an MoU to commercialise and accelerate the adoption of RDR technology in a bid to significantly reduce GHG emissions in steam cracking plants.

Sulzer Chemtech will provide its SuRe™ BTX technology to recover high-value circular petrochemicals downstream of Encina’s mixed plastics catalytic conversion process.

In October 2021, Tongsuh Petrochemical Corp. Ltd acquired ISCC PLUS certification for its acrylonitrile (AN) as a sustainable product.

SABIC has introduced LNP™ ELCRIN™ EXL7414B copolymer – the company’s first bio-based polycarbonate copolymer to help advance the electronics industry’s net zero goals.

PT KPI has officially signed a raw material processing agreement with PT TPPI to increase profitability of the refinery and petrochemical business it manages.

After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil and coal) increased by 2% in 2021 to 77.14 quadrillion Btu.

BASF has built a new hexamethylene diamine plant in Chalampé, France, and is planning to increase its polyamide 6.6 production in Freiburg, Germany.

Cyclyx, a consortium-based plastic feedstock management company, has announced that Dow has joined the Cyclyx consortium.

The new facility is located in Texas, US, and will produce materials used in packaging, agricultural film, construction materials, clothing, and automotive coolants.

TOYO and SCG Chemicals have entered into an MoU to jointly improve the process for turning mixed plastics into recycled feedstock for petrochemical businesses.