Downstream petrochemical news

Singapore-based petrochemicals, green energy, and natural resources conglomerate, ChemOne Group, has announced a significant milestone in the financing of the Pengerang Energy Complex (PEC) in Malaysia.

bp has reached an agreement to sell its mobility and convenience and bp pulse businesses in the Netherlands to Catom, part of bp’s previously announced divestment programme.

The European Commission has presented an Action Plan for the chemicals industry to strengthen the competitiveness and modernisation of the EU chemical sector.

Braskem has completed the sale of circular polyethylene (PE), produced through chemical recycling, to the Copobras Group.

Petrobras has announced that investments totalling approximately R$33 billion are planned for refining and petrochemical projects in Rio de Janeiro, Brazil.

As part of its ongoing deliveries for INEOS Project One, deugro has completed yet another shipment from the UAE and Oman to the Port of Antwerp, Belgium.

BASF has finalised the purchase of DOMO Chemicals’ 49% share in the Alsachimie joint venture, making the company the sole owner of the production entity for essential PA 6.6 precursors, in Chalampé, France.

Sulzer has opened its fourth location in Winterthur Töss, Switzerland, the Innovation Technology Hub (InTecH), which will further enhance Sulzer’s R&D capabilities in advanced polymer processing and recycling.

PureFive™ resin has advanced towards qualification with Procter & Gamble brands from PureCycle Technologies.

TotalEnergies Corbion has released the new Luminy® PLA life cycle assessment (LCA) results, highlighting major progress in low-carbon bioplastics.