Downstream petrochemical news

SICK and Endress+Hauser have started a strategic partnership for process automation.

ADNOC has announced the launch of XRG, an international lower-carbon energy and chemicals investment company, with an enterprise value of over US$80 billion.

Zeren Group has successfully completed its acquisition of Türkiye Petrolleri (TP Petrol Dagitim A.S.), one of Turkey's largest fuel retail chains, following the receipt of all necessary regulatory approvals.

Haldia Petrochemicals Ltd (HPL) has signed a licence amendment with Lummus Technology to expand its phenol production capacity for the upcoming phenol and acetone plant in Haldia, West Bengal, India.

Neste, Alterra and Technip Energies have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardised technology solution for chemical recycling.

Neste has enhanced its chemical recycling capabilities by collaborating with Tepsa Netherlands on the storage and handling of liquefied waste plastic in Rotterdam, the Netherlands.

Over 600 delegates attended this year’s Global Research and Innovation in Plastics Sustainability Conference (GRIPS), which showcased the industry’s leading innovations working towards plastic sustainability and circularity.

Schneider Electric has partnered with GR3N to create the first open automation system for the advanced plastic recycling industry.

Aduro Clean Technologies Inc. (Aduro) has announced a new patent filing covering a new technology for transforming renewable oils and certain waste plastics into higher-value platform chemicals.

Citroniq Chemicals LLC (Citroniq), a producer of carbon-negative materials, has announced the financial closing of US$12 million Series A investment.