Downstream petrochemical news

Escalating conflict in the Middle East and restrictions at the Strait of Hormuz are disrupting critical global flows of chemicals, plastics, and energy, the ICIS has reported.

ICIS has provided analysis and context on the evolving situation in the Middle East and its impact on energy markets.

Zeon Corp. will begin construction of a new production plant for cyclo-olefin polymers (COP) at its business site in Yuka Town, Japan.

MAIRE has announced that NEXTCHEM, through its subsidiary CONSER, has been awarded a licensing and process design package for the deployment of its technologies for the co-production of Dimethyl succinate (DMS) and 1.4-Butanediol (BDO) by a major state-owned chemical player in China.

INEOS has announced a €300 million investment supported by French government grants that will deliver the next phase of its Lavera regeneration plan and cut carbon dioxide emissions by 331 000 tpy.

ExxonMobil’s third advanced recycling unit at it's complex in Baytown, Texas, US, is now operational.

BASF’s Intermediates division is set to strengthen supply security for its European customers in the 1,4-butanediol (BDO) value chain through increased production at its BDO plant in Ludwigshafen, Germany.

Borouge, Borealis, Catalytic Finance Foundation, Pelita Mekar Semesta (PMS), and Reciki Solusi Indonesia, are set to establish Indonesia’s first fully integrated circular waste management ecosystem.

Valmet has received orders from Dow to supply turnkey process analytical solutions for its Path2Zero project at its Fort Saskatchewan site in Alberta, Canada.

OQ and Kuwait Petroleum International (KPI) have signed a Project Development Agreement of a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD), Oman.