Nov 1, 2022
INEOS signs new agreement with Plastic Energy
Chemical/Petrochemcial News
Oct 31, 2022
Pipelines
Perstorp has been acquired by PETRONAS Chemicals Group (PCG) - Malaysia´s leading integrated chemicals provider.
In May, PCG signed a securities purchase agreement to acquire the entire equity interest in Perstorp - a leading sustainability-driven global speciality chemicals’ company based in Sweden.
With the completion of the acquisition, Perstorp is now PCG’s... [Read More]
Chemical/Petrochemcial News
Oct 18, 2022
Pipelines
INEOS Europe has announced a €30 million investment in the conversion of its plant in Lillo at the Port of Antwerp.
This is to enable its existing capacity to produce either monomodal or bi-modal grades of high-density polyethylene (HDPE).
This will allow INEOS to meet the strong demand for durable high-end applications such as cable ducts and pipes used to transport... [Read More]
Chemical/Petrochemcial News
Oct 3, 2022
Other
Neste, Idemitsu Kosan, CHIMEI and Mitsubishi Corporation have agreed to build a renewable plastics supply chain utilising Neste RE™ bio-based hydrocarbons.
This will be used for the production of styrene monomer (i.e. bio-SM), and its mass balanced renewable plastics derivatives including acrylonitrile butadiene styrene.
The bio-SM production in Japan and the renewable... [Read More]
Chemical/Petrochemcial News
Sep 23, 2022
Pumps
Sulzer Chemtech is helping Energy Absolute (EA) expand its manufacturing plant in Thailand.
The collaboration in Map Ta Phut, Rayong, is key to drive the competitiveness of EA, as the technology provided will enable the producer to deliver winterised renewable fuels.
This will expand its market reach and support the wider adoption of cleaner energy in Europe and North... [Read More]
Chemical/Petrochemcial News
Sep 14, 2022
Pipelines
Technology pioneer Topsoe and green ammonia firm First Ammonia have entered into a new agreement to boost the global market for green ammonia.
Topsoe’s energy efficient solid oxide electrolyser cells (SOEC) will be installed in First Ammonia’s green ammonia plants around the world in the coming years.
The agreement provides for an initial purchase of 500MW of SOEC... [Read More]
Chemical/Petrochemcial News
Sep 7, 2022
Other
Baker Hughes is increasing its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore.
The 40,000 m2 facility will manufacture, store and distribute chemical solutions for upstream, midstream, downstream and adjacent industries to support regional customers.
The new facility builds on Baker Hughes’ recent strategy to source... [Read More]
Chemical/Petrochemcial News
Sep 7, 2022
Other
CropEnergies has acquired a stake in the Dutch start-up biobased chemicals firm Syclus - based in Maastricht.
CropEnergies, from Mannheim, Germany, purchased 50% of the company's share capital.
The total investment amounted to €1.8 million.
Syclus will work out the technical and economic viability of producing renewable ethylene at Chemelot Industrial Park, Geleen,... [Read More]
Chemical/Petrochemcial News
Aug 26, 2022
Pipelines
INEOS Phenol has agreed to acquire the entire asset base of Mitsui Phenols Singapore from Mitsui Chemicals - a leading Japanese chemicals manufacturer - for $330 million (€329 million).
The business has a turnover of $750 million (€749 million) and produces over 1 million tonnes of product each year, including cumene (410 ktpa), phenol (310 ktpa), acetone (185 ktpa)... [Read More]
Other News
Aug 19, 2022
Pipelines
Mining giant Rio Tinto has been fined $57,000 after a chemical spill near a central Queensland alumina refinery, ABC reported.
The company's subsidiary RTA Yarwun pleaded guilty to two charges of contravening a condition of its environmental authority in the Gladstone Magistrates Court on Friday afternoon.
The court heard about 20 litres of sodium hydroxide, also... [Read More]
Chemical/Petrochemcial News
Aug 16, 2022
Other
BG International, an affiliate of Shell, has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea.
Jackdaw will comprise a wellhead platform that is not permanently attended, along with subsea infrastructure which will tie back to Shell’s existing Shearwater gas hub.
The project is expected to come online in the mid-2020s,... [Read More]
Chemical/Petrochemcial News
Aug 5, 2022
Pumps
BASF has given the final approval for the construction of the planned Verbund site in Zhanjiang in the southern Chinese province of Guangdong.
The project is said to be on schedule.
The focus will now be on building the core of the Verbund, which includes a steam cracker and several downstream plants, for the production of petrochemicals and intermediates among others.
BASF... [Read More]
Chemical/Petrochemcial News
Aug 1, 2022
Pipelines
NextChem, a subsidiary of Maire Tecnimont, has been awarded a Front-end engineering design (FEED) contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant for municipal plastic waste in Europe.
The aim of the project is to establish an advanced mechanical recycling plant for polyolefins, which shall manufacture products containing... [Read More]
Chemical/Petrochemcial News
Jul 22, 2022
Pipelines
A joint venture between TotalEnergies and Borealis will result in the start-up of commercial operations of a new ethane cracker.
Bayport Polymers LLC will have an annual production capacity of 1 million tonnes of ethylene.
The $2 billion (€1.98 billion) project built on the site of and operated by the TotalEnergies Refinery in Port Arthur, Texas, represents 14 million... [Read More]
Chemical/Petrochemcial News
Jul 22, 2022
Pumps
Clariant catalyst chosen for anhydride plant
Clariant has been awarded a major contract by Wanhua Chemical Group to supply catalysts for its new maleic anhydride plant - one of the largest in the world.
Designed to produce 200 kilotons of maleic anhydride annually, the plant will rely on Clariant’s SynDane catalyst for the production process.
The facility will be... [Read More]
Chemical/Petrochemcial News
Jul 20, 2022
Pipelines
BASF has given its final approval for the construction of the planned Verbund site in Zhanjiang in the southern Chinese province of Guangdong.
The project is on schedule and will now focused on building the core of the project, which includes a steam cracker and several downstream plants for the production of petrochemicals and intermediates, among others.
BASF will... [Read More]
Chemical/Petrochemcial News
Jul 13, 2022
Pumps
Neste has received a positive grant decision for up to €135 million from the EU Innovation Fund for the company’s project to build chemical recycling capacities at its Porvoo refinery in Finland.
Project PULSE (Pretreatment and Upgrading of Liquefied Waste Plastic to Scale Up Circular Economy) aims to implement Neste’s proprietary technologies to pretreat and upgrade... [Read More]
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