Downstream petrochemical news

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.

Lummus Technology has announced the opening of its research and development (R&D) facility dedicated to advancing its Zimpro® suite of water and wastewater treatment technologies.

Neste and South Korean chemical company, Lotte Chemical, are teaming up to make chemicals and plastics more sustainable.

The EIA reports that US ethane production, consumption, and exports established new record highs in 2023.