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Downstream petrochemical news

Clariant advances plastics stabiliser technology

Clariant has unveiled advancements in its stabiliser portfolio, combining expanded production capacity in China with applications that enhance performance in artificial turf applications and medical sectors.

 

KBC launches Petro-SIM 7.6 simulation software

KBC (A Yokogawa Company) has announced the launch of Petro-SIM® v7.6, the latest release of its digital twin process simulation platform for the upstream and downstream oil and gas sectors.

 

MOL and KazMunayGas sign oil trading agreement

MOL has imported 85 000 t of CPC blend into the Central and Eastern European region and signed an oil trading contract with Kazakhstan’s national oil company, KazMunayGas (KMG).

 
 
 
 
 
 

IDC signs agreement for new crude oil refinery

At the Invest Zambia International Conference, the Industrial Development Corp. (IDC) has signed two memoranda of understandings (MoUs) worth over US$2 billion, securing major investments in Zambia’s energy sector.

 

Licella secures funding from Diamond Edge Ventures

Licella has announced strategic funding from Diamond Edge Ventures (DEV), the corporate venture capital arm of Mitsubishi Chemical Group (MCG), a Japanese chemical company, under a Business and Capital Alliance Agreement.