Downstream petrochemical news

MOL Group has achieved a completed its first ISCC PLUS-certified production run using circular feedstock at its MOL Petrochemicals site in Tiszaújváros, Hungary.

Ecovyst Inc. has announced that it has entered into a definitive agreement to sell its Advanced Materials & Catalysts segment to Technip Energies for a purchase price of US$556 million.

Charter Next Generation (CNG) has announced a strategic collaboration with NOVA Chemicals for high-quality recycled polyethylene (rPE) for advanced flexible packaging applications.

LNJ GreenPET have announced the signing of an MoU with Sumitomo Corp. to establish collaboration in the growing recycled polyethylene terephthalate (r-PET) sector in India.

Toyo and RET have been awarded the first phase of a major overhaul project for a large scale gas chemical complex in Turkmenistan, owned by Turkmenhimiya.

Aramco, Sinopec, and FPCL have announced the establishment of a new joint venture, Fujian Sinopec Aramco Refining and Petrochemical Co., Ltd, to develop an integrated refining and petrochemical complex in China.

Borealis has begun a major investment at its production location in Schwechat, Austria, with a new polypropylene (PP) compounding line expected to begin operations in the 2H26.

ExxonMobil Corp. and GHGSat have announced a partnership to monitor and mitigate methane at scale across ExxonMobil’s onshore operations globally.

OMV Petrom is expanding its activity in the bitumen field, through two strategic partnerships with Romanian companies, aimed at expanding storage capacity for bitumen and to produce polymer modified bitumen.

Vioneo has awarded a major contract to ECI Group for a project that will deliver a low-density polyethylene (LDPE) plant to operate using an entirely fossil-free feedstock in Belgium.