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.
Upgrade and improvement works at PT Pertamina's Balikpapan refinery
These works are part of the Refinery Development Master Plans (RDMP) launched by PT Pertamina to revitalise the Cilacap, Balongan, Dumai, and Balikpapan refineries to improve their production capacity and competitiveness.
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.
Howden supplies hydrogen compression solution to refinery expansion mega project
Numaligarh Refinery Ltd. is expanding its refining capacity from its current 3 million tpy to 9 million by installing a new 6 million tpy capacity Crude Oil Distillation Unit / Vacuum Distillation Unit and associated downstream process units as part of the NREP.
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.
NextChem constructs demonstration plant for chemical recycling of PET and polyester
NextChem has completed construction of a demonstration plant in Italy for the chemical recycling of PET and polyester from textiles, as part of the EU's DEMETO project.
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.
BASF and Henkel focus on renewable raw materials in Henkel’s consumer goods products
Around 110 000 tpy of fossil-based ingredients will be substituted with renewable carbon sources using BASF’s certified biomass balance approach. The measure will ramp up quickly and avoid around 200 000 t of CO2 emissions in total.