Downstream petrochemical news

Schneider Electric has unveiled new research revealing that nearly 80% of the Middle East's energy sector leaders report advanced operational readiness, highlighting the region’s strong ambition toward autonomous operations.

TA’ZIZ has announced the signing of two product sale agreement term sheets with The Sanmar Group, a global producer of polyvinyl chloride (PVC) and specialty chemicals, for the supply of key petrochemical feedstocks.

Blue Circle Olefins has secured funding for the next phase of ProjectNL, the development of a commercial methanol to olefins (MTO) production facility in the Netherlands.

BASF has commenced production of the first products from the core of the Verbund at its Zhanjiang Verbund site in South China, marking a milestone in the company’s largest single investment project to date.

TA’ZIZ has announced the award of a US$1.99 billion EPC contract to China National Chemical Engineering & Construction Corp. to build a polyvinyl chloride (PVC) production complex in the UAE.

Toray Industries has announced that it has developed a recycling technology that can decompose diverse carbon fibre reinforced plastics (CFRP) made from thermosetting resins while retaining strength and surface quality.

Bright LyondellBasell Petrochemical Co. Ltd (BLYB) have announced the use of refinery ethane as a stable and efficient feedstock in its ethylene cracker unit.

Westlake Chemical Partners LP have announced that Westlake Chemical OpCo LP and Westlake Corp. agreed to renew the ethylene sales agreement between the parties through 31 December 2027.

BPCL and Oil India are set to build an integrated greenfield refinery and petrochemical plant in Ramayapatnam, India, with an estimated investment of IR1 lakh crore (US$11 billion).

Asia is poised to dominate the global petrochemicals projects landscape, representing for nearly two-thirds of the projects slated to commence operations by the end of the decade, according to GlobalData.