Downstream petrochemical news
Asia will lead global polyethylene capacity additions
GlobalData has reported that Asia is set to lead global polyethylene capacity additions by 2024.
Zhejiang Petrochemical to use Honeywell hydrogen technology
Honeywell UOP has announced that Zhejiang Petrochemical will use its technology for the largest petrochemical project in China.
Neste and Mirova invest in Recycling Technologies Ltd
Neste and Mirova have announced a combined €10 million investment into Recycling Technologies Ltd.
Nouryon and INEOS Nitriles break ground on new facilities
Nouryon and INEOS Nitriles has broken ground on new chelates facilities in Germany.
Hengli Petrochemical’s PTA line reaches full operation
Hengli Petrochemical and INVISTA have announced that Hengli’s PTA line has reached its full production rate.
OMV and Mubadala negotiate acquisition of 39% of Borealis
OMV and Mubadala are negotiating the acquisition of an additional 39% share in Borealis.
LyondellBasell and Bora form petrochemical joint venture
LyondellBasell and Bora have signed definitive agreements to form a Chinese petrochemical joint venture.
Worley partners with Agilyx and INEOS Styrolution
Worley has announced that it has partnered with Agilyx and INEOS Styrolution with the aim to expand the circular economy for plastics.
ENOC Misr expands its position in Egypt
ENOC Misr has announced expanded distribution and the commencement of lubricant production in Egypt.
McDermott to proceed with sale of Lummus Technology
McDermott has announced that it intends to proceed with its sale of Lummus Technology to a joint partnership between The Chatterjee Group and Rhône Capital.