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Downstream petrochemical news

US ethane demand grew 9% in 2022

In 2022, US ethane demand increased by approximately 9%, or almost 0.2 million bpd, to support the growing petrochemical industry.


DORIS and Axens ink CCUS MoU

DORIS and Axens have entered in a partnership to jointly develop integrated carbon capture, utilisation and storage (CCUS) services.


Shell and Dow start up e-cracking furnace experimental unit

Shell and Dow have started up an experimental unit to electrically heat steam cracker furnaces at the Energy Transition Campus in Amsterdam, the Netherlands, bringing the companies a step closer to decarbonising petrochemical manufacturing.


Aramco and PTT sign MoU

The companies have signed an MoU aimed at strengthening cooperation across crude oil sourcing and the marketing of refining and petrochemical products and LNG in Thailand.


ADNOC acquires 25% stake in Borealis

ADNOC and Mubadala have announced a strategic transaction with Borealis, whereby ADNOC will acquire a 25% shareholding in Borealis from Mubadala.


EIA: ethane consumption continues to grow

Consumption of ethane has grown every year since 2010 in the US, and more ethane is now consumed in the country than either jet fuel or propane.