Chemical/Petrochemcial News
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 3 months, compared with only…
Read More »
Read More »
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 of hydrogen annually,…
Read More »
Read More »
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 billion (€5.9…
Read More »
Read More »
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 in Abu Dhabi and 54/36…
Read More »
Read More »
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 the catalytic steps to…
Read More »
Read More »
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 depleted or uneconomical oil…
Read More »
Read More »
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 Aramco Jubail Refinery…
Read More »
Read More »
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 of 2023 doubled the total…
Read More »
Read More »
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 near Svelgen has the…
Read More »
Read More »
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 in the production of green…
Read More »
Read More »
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).
The first site acquired by…
Read More »
Read More »
Pipelines
Dimeta has teamed up with KEW Technology, a sustainable energy solutions company, to create a first of a kind waste-to-DME plant, through their Circular Fuels partnership.
Over 200 million tonnes of LPG are used for energy purposes each year - mainly in rural and remote areas.
The plant will produce over 50,000 tonnes of DME from non-recyclable waste – the equivalent of 25% of LPG domestic…
Read More »
Read More »
Pumps
EDF has appointed Celeros Flow Technology (Celeros FT) as its preferred supplier of RPE pumps for the upgrade of its existing PWR fleet of nuclear reactors in France.
The contract was formally signed by Jose Larios, CEO of Celeros FT, and Christophe Chanut, deputy director of EDF DIPDE (Division Ingénierie du Parc et De l’Environnement), at WNE 2023 in Paris recently.
Following the signing…
Read More »
Read More »
Pipelines
INEOS has today announced it has completed the acquisition of the Eastman Texas City site - the 600 kt acetic acid plant and all associated third party activities from Eastman Chemical Company.
Eastman and INEOS, as previously announced, have also entered into a Memorandum of Understanding to explore options for a long-term supply agreement for vinyl acetate monomer.
David Brooks, CEO INEOS…
Read More »
Read More »
Pipelines
Clariant has been awarded a major contract by Jiangsu Shenghong Petrochemical to use its SynDane 3142 LA catalyst for its new maleic anhydride (MA) production plant in Lianyungang, China.
With a production capacity of 200,000 tonnes per year, the new plant slated for start of production in 2025, will be one of the largest production plants for MA worldwide.
The plant will produce maleic…
Read More »
Read More »
Pipelines
Lummus Technology and Citroniq Chemicals have signed licensing and engineering agreements for green polypropylene plants in the US.
The first plant, scheduled for completion in 2027, will produce 400 kta of bio-polypropylene and will be first in North America with this production capability.
"This agreement demonstrates the progress we continue to make with Citroniq in establishing the first…
Read More »
Read More »
Pipelines
OCI Global is supplying Röhm with bio-ammonia for the production of methyl methacrylate (MMA).
OCI Global delivered a shipment of bio-ammonia to Röhm in a pioneering step to help reduce the carbon footprint of essential and everyday products that rely on MMA.
The partnership demonstrates the viability of lower carbon ammonia in industrial processes, supporting downstream decarbonisation to…
Read More »
Read More »
Other
The Chemical Business Association (CBA) has released results from the latest quarterly supply chain survey, with industry-wide respondents reporting a decline in order books, sales and margins from the previous three months.
Published for over 20 years, the survey has become a barometer for the sector, covering sales, order books and employment, as well as the current impact of supply chain…
Read More »
Read More »
CONNECT WITH US
Latest Video
Catalyst for Change: Sustainable and Efficient Flow Control for the Chemical Industry
