Nov 15, 2021
Neste and Ravago in chemical processing joint venture
Chemical/Petrochemcial News
Nov 10, 2021
Pipelines
US oil and gas producer ExxonMobil has made a final investment decision (FID) to build a new petrochemical complex in south China's Guangdong province.
The firm did not specify a value for this investment.
One of the few petrochemical complexes in China that are wholly owned by a foreign investor, ExxonMobil said the Dayawan plant will produce performance polymers used... [Read More]
Chemical/Petrochemcial News
Nov 5, 2021
Pipelines
BASF and Sanyo Chemical have signed a Memorandum of Understanding for strategic collaboration of polyurethane dispersions (PUD) development. The two parties aim to jointly develop and produce innovative products with strong sustainability contribution.
Newly developed technologies and products will have worldwide market access through the two companies’ global production... [Read More]
Chemical/Petrochemcial News
Nov 2, 2021
Pipelines
Royal Vopak has announced the opening of a new industrial complex on the US Gulf Coast including new pipelines connecting the terminal to the petrochemical complex.
The new terminal has been designed and built by Vopak to serve Gulf Coast Growth Ventures, a joint venture by ExxonMobil and SABIC to build and operate a world-scale plastics manufacturing facility in San... [Read More]
Chemical/Petrochemcial News
Nov 1, 2021
Pipelines
Saudi Arabian manufacturing and chemicals company Sabic has revealed that it is to invest almost £1 billion (€1.18 billion) into its Teesside plant.
The company, one of the world's largest petrochemical manufacturers, told Reuters the cash injection was part of its plans to reduce its carbon footprint by up to 60% initially.
UK Prime Minister Boris Johnson said the... [Read More]
Chemical/Petrochemcial News
Oct 14, 2021
Pipelines
A new partnership between Dow and Topsoe marks a new initiative to efficiently convert waste plastics to circular plastics - keeping them out of the environment.
Plans include Dow to proceed with the design and engineering for a 10,000 tonne per year market development unit using Haldor Topsoe’s PureStep technology to purify pyrolysis oil feedstock derived from waste... [Read More]
Chemical/Petrochemcial News
Oct 11, 2021
Pipelines
SIBUR, Samruk-Kazyna and KazMunayGas have signed an agreement to cooperate on petrochemical projects.
This will take place in the special economic zone National Industrial Petrochemical Technopark in Atyrau, Kazakhstan.
The agreements regulate the establishment of joint ventures as part of an integrated gas chemical complex including building a polyethylene facility... [Read More]
Chemical/Petrochemcial News
Oct 7, 2021
Pipelines
The hydrogen economy is at the start of a period of growth, with the size of the global market predicted to be as much as US$12 trillion (€10 trillion) by 2050, according to the latest research.
As part of global decarbonisation efforts, hydrogen is expected to emerge as an alternative fuel. Given water is the main feedstock for hydrogen production, the boom in the... [Read More]
Chemical/Petrochemcial News
Oct 6, 2021
Pipelines
Shell Chemicals Europe and Pryme have announced a strategic cooperation and offtake agreement for pyrolysis oil made from recycled plastic waste.
Pryme will supply Shell from its first plant located in Rotterdam, the Netherlands.
Currently under construction, the plant is scheduled to become operational in 2022 and is forecast to convert 60,000 tonnes of plastic waste... [Read More]
Chemical/Petrochemcial News
Oct 4, 2021
Pipelines
Malaysia's Petronas hopes to restart its Pengerang refinery-petrochemical complex, a joint venture with Saudi Aramco, by the end of the year.
Arif Mahmood, Petronas' executive vice president and CEO of downstream, said the the 300,000-bpd refinery complex in Johor was shut in March last year following a deadly fire.
The Malaysian state energy firm in February delayed... [Read More]
Chemical/Petrochemcial News
Sep 27, 2021
Pipelines
SIBUR and TAIF have entered into an agreement finalising the creation of a combined entity that be the largest petrochemical company in Russia and one of the biggest in the world.
Under the agreement, TAIF shareholders will receive a 15% stake in the new combined company in exchange for 50% plus 1 share in JSC TAIF.
The new company will support Russia’s leadership... [Read More]
Chemical/Petrochemcial News
Sep 24, 2021
Pipelines
FOUR new companies have signed up to join the North West Hydrogen Alliance (NWHA) in the UK.
The new members - Fichtner, Manufacturing Technology Centre (MTC), Powerhouse Energy and Swagelok – take the membership count to 30, cementing the organisation’s position as the UK’s largest industry-funded regional hydrogen alliance.
It comes as the Alliance throws its... [Read More]
Chemical/Petrochemcial News
Sep 20, 2021
Pipelines
Shell Ventures and BlueAlp Holding have announced a new partnership to develop and deploy plastic waste to chemical feedstock technology.
The technology transforms plastic waste into pyrolysis oil that can be used to make sustainable chemicals.
Shell has taken a 21.25% equity stake in BlueAlp as part of the agreement.
“With BlueAlp’s innovative technology and Shell’s... [Read More]
Chemical/Petrochemcial News
Sep 6, 2021
Pipelines
bp Singapore has announced it has delivered its first carbon offset liquefied natural gas (LNG) cargo to the Yung An terminal in Taiwan.
This is bp’s first delivery of carbon offset LNG in the Asia-Pacific region, following its first delivery globally to Sempra LNG at the Energia Costa Azul terminal in Mexico in July.
This new carbon offset LNG offer strengthens... [Read More]
Oil and Gas News
Sep 3, 2021
Pipelines
Canada is pushing to provide incentives for at least two new massive carbon capture projects by 2030 with nearly a dozen oil and gas companies already pursuing rights to store carbon dioxide in Alberta's vast underground caverns.
The hubs to collect carbon from clusters of emitters would advance Prime Minister Justin Trudeau's goal of cutting emissions by 40-45% from... [Read More]
Chemical/Petrochemcial News
Sep 1, 2021
Pipelines
The largest integrated petrochemical company in Indonesia has boosted sustainability through technology that enables effective remote and digital monitoring of its water operations.
Chandri Asri has incorporated Nalco Water’s 3D TRASAR Cooling Water Technology and has gradually moved more of its water monitoring to the programme.
Last year, the company reported its... [Read More]
Chemical/Petrochemcial News
Aug 12, 2021
Pipelines
KBR has been awarded a technology licensing contract by Hyundai Engineering and Técnicas Reunidas for PKN ORLEN’s petrochemical project.
The Petrochemical Development Programme in Plock, Poland, will see KBR provide technology license, basic engineering design, and proprietary equipment for PKN ORLEN’s Olefins Complex III Project.
This is Europe’s largest petrochemical... [Read More]
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