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... [Read More]

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... [Read More]

Saudi Aramco and Shandong Energy Group have agreed a memorandum of understanding (MoU) on integrated refining and petrochemical opportunities in China. The MoU includes a potential crude oil supply agreement and chemicals products offtake agreement, supporting Aramco’s role in building a thriving downstream sector in Shandong Province. The scope of the MoU extends... [Read More]

Clariant Catalysts has teamed up with Evonik and thyssenkrupp Industrial Solutions (tkIS) in a major propylene oxide project. Qixiang Tengda is one of the leading global producers of carbon-four chemical products, such as methyl ethyl ketone and maleic anhydride. Expanding into the carbon-three value chain, the company’s new propylene oxide plant in Zibo city, Shandong... [Read More]

A new methanol plant is set to almost double Petronas Chemical Group’s current production in Malaysia. This new facility in Bintulu, Sarawak, whose construction will be completed in March, will add 1.75 million tons of methanol to the 2.4 million tons currently produced annually by the group, the fourth largest in the world. To carry out the onshore heavy transport,... [Read More]

Saudi Aramco will invest in a $7 billion (€6.75 billion) project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's refining complex. The project in the port city of Ulsan, named Shaheen, is the Saudi company's biggest investment in the country and will mark the first commercial use of Aramco and Lummus technology to produce chemicals... [Read More]

Chevron Phillips Chemical Company and QatarEnergy are proceeding with the construction of an $8.5 billion (€8.5 billion) integrated polymers facility. This will be built in Orange, Texas, and is expected to create more than 500 full-time jobs and approximately 4,500 construction jobs. The companies have made a positive final investment decision on the project and... [Read More]

Shell Chemical Appalachia, a subsidiary of Shell, has commenced operations of its Pennsylvania Chemical project - Shell Polymers Monaca (SPM). The Pennsylvania facility is the first major polyethylene manufacturing complex in the north-eastern United States and has a designed output of 1.6 million tonnes annually. “Building this world-class facility is a fantastic... [Read More]

GTC Vorro Technology (GTC Vorro), a turnkey provider of environmental services and process technologies to oil and gas, refining and petrochemical companies, is now offering BTX Gold solvents for petrochemical separations. With a focus on environmentally friendly solutions for the hydrocarbon processing industry, GTC Vorro principals have been successful in developing... [Read More]

INEOS Olefins and Polymers Europe and Plastic Energy have announced a memorandum of understanding (MoU) to produce 100,000 tonnes per annum of recycled raw materials from plastic waste. This will be the largest use of Plastic Energy technology on the market. These new raw materials will enable a circular approach to produce essential plastic items that meet the requirements... [Read More]

Perstorp has been acquired by PETRONAS Chemicals Group (PCG) - Malaysia´s leading integrated chemicals provider. In May, PCG signed a securities purchase agreement to acquire the entire equity interest in Perstorp - a leading sustainability-driven global speciality chemicals’ company based in Sweden. With the completion of the acquisition, Perstorp is now PCG’s... [Read More]

INEOS Europe has announced a €30 million investment in the conversion of its plant in Lillo at the Port of Antwerp. This is to enable its existing capacity to produce either monomodal or bi-modal grades of high-density polyethylene (HDPE). This will allow INEOS to meet the strong demand for durable high-end applications such as cable ducts and pipes used to transport... [Read More]

Technology pioneer Topsoe and green ammonia firm First Ammonia have entered into a new agreement to boost the global market for green ammonia. Topsoe’s energy efficient solid oxide electrolyser cells (SOEC) will be installed in First Ammonia’s green ammonia plants around the world in the coming years. The agreement provides for an initial purchase of 500MW of SOEC... [Read More]

INEOS Phenol has agreed to acquire the entire asset base of Mitsui Phenols Singapore from Mitsui Chemicals - a leading Japanese chemicals manufacturer - for $330 million (€329 million). The business has a turnover of $750 million (€749 million) and produces over 1 million tonnes of product each year, including cumene (410 ktpa), phenol (310 ktpa), acetone (185 ktpa)... [Read More]

Mining giant Rio Tinto has been fined $57,000 after a chemical spill near a central Queensland alumina refinery, ABC reported. The company's subsidiary RTA Yarwun pleaded guilty to two charges of contravening a condition of its environmental authority in the Gladstone Magistrates Court on Friday afternoon. The court heard about 20 litres of sodium hydroxide, also... [Read More]

NextChem, a subsidiary of Maire Tecnimont, has been awarded a Front-end engineering design (FEED) contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant for municipal plastic waste in Europe. The aim of the project is to establish an advanced mechanical recycling plant for polyolefins, which shall manufacture products containing... [Read More]