Downstream petrochemical news

Lummus Technology has taken a lead investor position in RWDC Industries' convertible bond round, further strengthening the partnership between the two companies to bring polyhydroxyalkanoates (PHA) to the global market.

LyondellBasell (LYB) and Alujain have announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Co. (NATPET), by LYB from Alujain.

Lummus Technology has announced the commercial availability of CDDMESM, a new renewable dimethyl ether (DME) technology that is enhanced through catalytic distillation (CD).

Neste, Marubeni Corp. and Resonac Corp.have entered into a cooperative agreement to enable the production of renewable olefins and derivatives.

Lummus Technology and Sumitomo Chemical have announced two collaboration agreements to license and commercialise two proprietary technologies.

Wood is working in partnership with Juno, a Georgia-Pacific (GP) company, on the delivery of its groundbreaking waste recovery solution.

INEOS Oxide and LyondellBasell (LYB) have completed the sale of LYB’s Ethylene Oxide & Derivatives (EO&D) business and associated production facilities located in Bayport, Texas, US, to INEOS.

Lummus Technology has been awarded a contract by Haldia Petrochemicals Ltd. (HPL) for digitalisation services at HPL’s ethylene plant in West Bengal, India.

LyondellBasell has announced the opening of the plastics recycling joint venture (JV) in Zhaoqing, Guangdong Province in Southern China with Genox Recycling (Genox).

KBR has announced that it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's phenol technology in China.