Mar 22, 2024
Pump industry excellence is celebrated once again
Chemical/Petrochemcial News
Mar 21, 2024
Pipelines
Clariant and its process partner Lummus Technology have been selected by Huizhou Boeko Materials to provide their CATOFIN catalyst and process technology for the dehydrogenation of isobutane at the new plant in Huizhou City, China.
The process technology is exclusively licensed by Lummus Technology, while the tailor-made catalyst is supplied by Clariant.
It is the... [Read More]
Chemical/Petrochemcial News
Mar 21, 2024
Pipelines
Topsoe has reached an important milestone at the inaugural demonstration test for its Solid Oxide Electrolyser Cell (SOEC) electrolysis technology.
Held at the company’s demonstration site in Frederikssund, Denmark, Topsoe ran a 2,000-hour demonstration in industrial conditions of 12 SOEC stacks, which included 1,200 cells.
The purpose was to demonstrate the technology’s... [Read More]
Chemical/Petrochemcial News
Mar 15, 2024
Pipelines
LyondellBasell said it was seeing a better market in North America for its chemicals this year due to low ethane feedstock costs and better petroleum spreads, while the markets in Europe and China continue to be weaker.
With petroleum refining margins improving from the last quarter of 2023, the oxyfuels and refining segment was seeing an uptick, CEO Peter Vanacker said... [Read More]
Chemical/Petrochemcial News
Mar 12, 2024
Other
SABIC, a global leader in the chemical industry, welcomed Queen Máxima of the Netherlands to its Plastic Energy advanced recycling unit and the SABIC-owned hydrotreater unit.
The visit formed part of a broader working visit of the Queen to the Chemelot industrial site in Geleen, the Netherlands, to understand the efforts taking place on site in the field of circularity... [Read More]
Chemical/Petrochemcial News
Feb 26, 2024
Pipelines
Lummus Technology has won a contract from Hyundai Engineering & Construction to provide eight proprietary Short Residence Time (SRT®) ethylene cracking heaters at SATORP’s Amiral petrochemical complex in Saudi Arabia.
“Licensing multiple technologies and supplying the cracking heaters for the Amiral project underscores Lummus’ ability to integrate technology, proprietary... [Read More]
Chemical/Petrochemcial News
Feb 21, 2024
Other
The Chemical Business Association (CBA) has released results from the latest quarterly supply chain survey, which shows a cautious but growing optimism throughout the CBA membership for the months ahead.
The most recent survey portrays a supply chain that is gradually strengthening, with 29% of respondents reporting improvements in their order books over the previous... [Read More]
Chemical/Petrochemcial News
Feb 19, 2024
Pipelines
Topsoe has signed an engineering agreement with Approtium, a leading South Korean industrial supplier of hydrogen, to deliver its proven ammonia cracking technology H2RETAKE™ - converting low-carbon ammonia into hydrogen.
Topsoe will deliver its technology to Approtium’s landmark project in Ulsan, South Korea. The facility is projected to produce 75,000 metric tons... [Read More]
Chemical/Petrochemcial News
Jan 31, 2024
Pipelines
SABIC has announced the final investment decision (FID) for its Fujian Petrochemical Complex in China’s Fujian province.
SABIC FUJIAN Petrochemicals Co. Ltd, a 51:49 joint venture (JV) between SABIC Industrial Investment Co and Fujian Fuhua Gulei Petrochemical decided to build the Complex in Fujian’s Gulei Industrial Park.
With an estimated total investment of $6.4... [Read More]
Chemical/Petrochemcial News
Jan 23, 2024
Pipelines
Abu Dhabi National Oil Co (ADNOC) and Austria's OMV are aiming to agree final terms of a tie-up that would create a chemicals group with more than $20 billion (€18.4 billion), Reuters reported.
OMV said in July last year it had entered into talks to merge petrochemicals group Borealis - which is owned by OMV and ADNOC in a 75/25 split - and Borouge, which is listed... [Read More]
Chemical/Petrochemcial News
Jan 22, 2024
Pipelines
M2X Energy and SCG Chemicals (SCGC), a leading petrochemicals company, have announced a joint development programme to optimise key chemical transformations within M2X’s modular process.
By leveraging the extensive catalyst R&D and manufacturing expertise of SCGC and the deep process design and engineering knowledge from M2X Energy, this collaboration aims to streamline... [Read More]
Chemical/Petrochemcial News
Jan 10, 2024
Pipelines
ChampionX Corporation and Gold H2 have announced a strategic collaboration on field trials of GH2's novel hydrogen production technology.
GH2, a subsidiary of Houston-based Cemvita Factory, is working to advance the energy transition through its tailored subsurface microbiology solutions that use the power of microorganisms to enable in-situ hydrogen production from... [Read More]
Chemical/Petrochemcial News
Jan 4, 2024
Pipelines
Chinese refiner Rongsheng Petrochemical and Saudi Aramco are in talks for the Chinese company to buy a 50% stake in the Saudi company's refining unit SASREF.
Reuters has reported that Rongsheng is also negotiating to sell Aramco an up to a 50% stake in its unit Ningbo Zhongjin Petrochemical Co, the Chinese company said in a statement to the Shenzhen stock exchange.
Saudi... [Read More]
Chemical/Petrochemcial News
Dec 22, 2023
Pipelines
Neste’s refinery in Porvoo has successfully processed more than 6,000 tons of liquefied waste plastic so far.
In total, Neste has processed more than 6,000 tons of liquefied waste plastic to date.
The liquefied waste plastic is being refined into high-quality raw materials for new plastics, contributing to a circular economy.
The processing runs in the second half... [Read More]
Chemical/Petrochemcial News
Dec 20, 2023
Pipelines
Australia's Fortescue said it received €200 million from the European Union for its Holmaneset Project - a flagship green ammonia plant in Norway.
The plant aims to capitalize on the Norwegian transmission grid's surplus renewable energy and ship the resulting green ammonia to domestic and European markets, Reuters reported.
"The green hydrogen and green ammonia produced... [Read More]
Chemical/Petrochemcial News
Dec 19, 2023
Pipelines
Topsoe has signed a grant agreement with EU’s Innovation Fund for a total of €94 million. The grant is a recognition of Topsoe’s state-of-the art SOEC electrolysis technology and the innovation inherent in building this first of its kind SOEC factory.
The factory will manufacture advanced, energy efficient Solid Oxide Electrolyser Cells (SOEC) that are essential... [Read More]
Chemical/Petrochemcial News
Dec 18, 2023
Pipelines
INEOS has reached an agreement with LyondellBasell to buy its Ethylene Oxide and Derivatives business including the Bayport Underwood site in Texas.
The deal includes the 420 kt Ethylene Oxide plant, the 375 kt Ethylene Glycols plant and the 165kt Glycol Ethers plant together with all associated third-party business on the site, for $700 million (€640 million). ... [Read More]
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