Chemical/Petrochemcial News

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Sulzer acquires stake in Fuenix Ecogy and completes portfolio for plastic waste reduction Sulzer has signed an agreement with circular technology company Fuenix Ecogy to acquire a strategic stake in its plastic upcycling business. The partnership will drive the development, commercialisation and adoption of advanced, fully integrated solutions for plastic waste processing. The move will allow…
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NextChem and its subsidiary MyRechemical have signed an agreement with Dimeta to explore new opportunities to develop plants to produce renewable and recycled carbon dimethyl ether (DME) from waste. The product can be blended with conventional LPG thus helping to reduce its carbon footprint with no change to LPG appliances or infrastructure. Dimeta is a Dutch joint venture between SHV Energy…
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LyondellBasell and Nexus Circular have signed a long-term contract to supply 24,000 tpy of recycled feedstock. The material will be produced at Nexus Circular's new advanced recycling facility, which will begin construction this year. The new facility will convert mixed plastic waste, which mostly ends up in landfills or incineration, into recycled feedstock. LyondellBasell will use the…
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Hydratight has completed its largest bag stop line plugging at a chemical production facility in Germany. The 56 inch (diameter) main water-cooling line plugging operation was a quicker and more cost-effective approach than traditional mechanical line plugging. Modifications to a water-cooling line during scheduled plant shutdown meant the line needed to be temporarily plugged. This was to…
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Nexus Circular has signed a long-term commercial agreement with Chevron Phillips Chemical (CPChem) for the supply of a significant volume annually of circular liquid feedstocks from a new advanced recycling facility. This long-term contractual commitment further strengthens CPChem’s relationship with Nexus for advanced recycled plastic feedstocks to produce Marlex Anew Circular…
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Renewable energy firm Casa dos Ventos and Comerc Eficiência have signed a partnership with the TransHydrogen Alliance (THA) to create new supply chains for the energy transition of European countries. The agreement is to enable the export of green ammonia produced in the Industrial and Port Complex of Pecém (CIPP), in Ceará. The plant is to be built on a 60-hectare site with a capacity of…
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Repsol has taken another step forward in its commitment to the circular economy as the cornerstone of its transformation to become a company with zero-net emissions by 2050. The company will install a new recycled plastics production line (Reciclex range) with a capacity to manufacture 25,000 tons per year at its Puertollano Industrial Complex. The new unit, which will come into operation at…
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Veolia Water Technologies & Solutions will collaborate with OLI Systems, a leader in water chemistry-based process simulation and electrolyte thermodynamics, to optimise operating performance in the refining and petrochemical industries. This will be done through the use of OLI's innovative cloud platform that delivers actionable insights to operations teams. OLI's understanding of…
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Argent Energy, a leading European manufacturer of biofuels in the UK and the Netherlands, has commenced groundworks for construction of a glycerine refinery in the Port of Amsterdam. The facility is expected produce 50,000 tons of refined glycerine per year. With this construction, the company is expanding its portfolio of sustainable products and will be entering the chemical market for the…
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Petrochemical projects will constitute the majority of the upcoming oil and gas projects that are expected to commence operations in Saudi Arabia during the period 2023 to 2027. This accounts for around 61% of the total projects GlobalData, a data and analytics company, revealed. Their report, Middle East Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries,…
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Phillips 66 has received International Sustainability and Carbon Certification (ISCC) PLUS certification for its Sweeny Refinery in Texas to process oil made from waste plastics into new feedstocks. “Phillips 66 is committed to keeping plastics out of the environment and driving toward a more circular economy where plastics packaging is reused, recycled or recovered,” said Zhanna Golodryga,…
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Nuberg EPC has announced that it has been awarded a 550 TPD sulphuric acid plant project. The project is owned by Spolana, a leading chemical manufacturer located on the Elbe riverbank in Neratovice, Czech Republic. Spolana is one of the largest chemical manufacturing companies in the country, the only manufacturer of PVC and caprolactam, also produces ammonium sulphate and sulphuric…
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Neste has completed the grant agreement process with Climate, Infrastructure and Environment Executive Agency of the European Commission (CINEA) and the European Commission for €135 million funding for its chemical recycling project PULSE. This follows the earlier positive EU Innovation Fund grant decision in July 2022. The PULSE project aims to implement Neste’s proprietary technologies…
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Henkel and Shell Chemical have agreed to a five-year collaboration to replace up to 200,000 tonnes of fossil feedstocks used in the manufacture of surfactants with feedstocks that are based on renewable raw materials. The renewable-based surfactants will be used in Henkel’s laundry products including many varieties of Persil®, Purex® and all® brands. “This landmark cooperation…
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Maire Tecnimont has announced that a signing ceremony concerning the $6 billion (€5.5 billion) integrated polymers complex to be built in Ras Laffan Industrial City was held in Doha, Qatar. The contract, already announced on December 21, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical. QatarEnergy (formerly…
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SABIC, OQ and Kuwait Petroleum International (KPI) have signed a project development agreement of a jointly owned petrochemical complex. The three companies aim to establish a petrochemical complex in the Special Economic Zone at Duqm (SEZAD) in Oman consisting of a steam cracker and derivative units and an NGL extraction facility. They will conduct the necessary studies and collaborate using…
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INEOS and SINOPEC have completed two of the four significant petrochemical deals announced last year. INEOS has acquired 50% of Shanghai SECCO Petrochemical and INEOS and SINOPEC have also established a 50/50 joint venture for acrylonitrile butadiene styrene (ABS) based on INEOS’ proprietary ABS Technology. The third and fourth deals are expected to be completed this year. INEOS and SINOPEC…
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Aramco and TotalEnergies are to construct a new petrochemical facility in Saudi Arabia. The Amiral complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern coast. The petrochemical facility will enable SATORP to convert internally produced refinery off-gases and naphtha, as well as ethane and natural gasoline supplied by…
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