Chemical/Petrochemcial News

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Dow Chemical will shut down three chemical plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said. The company said the shutdowns will remove higher-cost, energy-intensive portions of Dow's portfolio in Europe. Global chemical companies are feeling the pressure to reassess strategies, with the European Union's increasing…
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The British Pump Manufacturers Association (BPMA) was delighted to return to the famous St George’s Park in Staffordshire on 14 March for the staging of its 2024 Pump Industry Awards presentation evening. With a record number of submissions across the eight categories, this year’s awards programme again produced some truly exceptional entries from right across the pump manufacturing and…
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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 and sustainability. The…
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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…
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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…
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OMV has announced the final investment decision to build an innovative sorting plant developed by Interzero to produce feedstock for chemical recycling. OMV will invest an amount of over €170 million to build this state-of-the-art facility in Walldürn, southern Germany. Production start of the new plant is expected to take place in 2026 and the groundbreaking ceremony is already scheduled…
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OMV Schwechat Refinery is fully operational again following a routine inspection. The petrochemicals unit was taken out of operation as scheduled for a regular inspection required by law every six years. The aim is the thorough cleaning, inspection and maintenance of plant components as well as the modernisation of the petrochemicals unit and parts of the refining unit to be able to continue to…
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INEOS has signed a deal to acquire TotalEnergies’ 50% share of Naphtachimie (720 ktpa steam cracker), Appryl (300 ktpa polypropylene business), Gexaro (270 ktpa aromatics business) and 3TC (naphtha storage), which are currently joint ventures. A number of other infrastructure assets are also contained in the deal including part of TotalEnergies ethylene pipeline network in France. This…
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Emerson will give automation technologies, software and analytics from its Plantweb™ digital ecosystem for the Golden Triangle Polymers Project on the Texas Gulf Coast. The total installed cost of the project is expected to be $8.5 billion (€7.9 billion) and is a joint venture between Chevron Phillips Chemical Company and an indirect subsidiary of QatarEnergy. Operations are expected to…
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China will dominate new petrochemical project starts in Asia, according to new analysis. The country is likely to start operations of 410 petrochemical projects from 2023 to 2027, according to GlobalData. GlobalData’s latest report, Petrochemicals New Build and Expansion Projects Analysis by Type, Development Stage, Key Countries, Region and Forecasts, 2023-2027, reveals that China will…
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Neste and ILLIG have entered into a strategic partnership to advance the use of more sustainable solutions in the production of thermoformed plastic packaging through demonstration cases. The partners combine Neste’s expertise in providing renewable and recycled materials for polymers production and ILLIG’s expertise in manufacturing thermoforming systems to create practical showcases. In…
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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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Lummus Technology has announced the launch of its Novolen® PPure™ polypropylene (PP) portfolio - a new grade-range of polymers. The new non-phthalate process technology provides significant energy savings by delivering an improved hydrogen response with the catalyst. “Lummus continues to raise the bar with Novolen’s new line of PPure polypropylene process technologies,” said Romain…
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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 plastics production in…
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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 and produce chemicals in…
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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, the Netherlands. Syclus…
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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, and at peak production…
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Neste has purchased the European rights to Alterra Energy’s liquefaction technology - solidifying the company’s efforts to advance chemical recycling. Alterra Energy is a US-based company that has developed a proprietary thermochemical solution for liquefaction of hard-to-recycle plastic. The company is already running an industrial-scale facility in Akron, Ohio, that transforms…
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