Downstream news

The Middle East is poised to dominate global methanol capacity additions by 2030, driven primarily by its access to abundant and cheap natural gas, which is a primary feedstock for methanol production, GlobalData has reported.

Increased segmentation in Europe’s recycled low density polyethylene market has prompted ICIS to introduce a new flexible natural transparent rLDPE pellet price as part of its existing recycled polyethylene pricing service.

For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.

Emerson has announced a new flameproof model for the Rosemount™ 965 Flame Detector, adding hazardous-location certification for applications where reliable hydrocarbon flame detection is required.

The Saudi Basic Industries Corp. have announced the signing of a Project Development Agreement with Rongsheng Petrochemical Co. Ltd. to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.

Fluor Corp. has announced that it has been selected by Gulf Petrochemical Industries Co. to execute the front-end engineering and design for a new aromatics facility located in the Kingdom of Bahrain.

Catalyxx has announced that Sines, Portugal, has been selected as the location for Catalyxx Ibérica, the company's first commercial-scale plant.

Celtic Renewables has partnered with Evonik to supply bio-based chemicals for use in cosmetics formulations.

In a recent blog, American Fuel & Petrochemical Manufacturers (AFPM) explains why the US imports crude oil despite being the world’s largest crude oil producer.

OXEA Corp. has awarded Kent detailed engineering services for a major specialty chemicals project at its Bay City facility in Texas, US.