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). ... [Read More]

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... [Read More]

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... [Read More]

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... [Read More]

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... [Read More]

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... [Read More]

Sumitomo Chemical is building a pilot facility to establish a process for producing propylene directly from ethanol. The development of this technology is one of the projects supported by the NEDO Green Innovation (GI) Fund. The company will work to complete the construction of the pilot facility at the Sodegaura site of its Chiba Works in Japan by the first half of... [Read More]

Unipar is modernising its chlor-alkali plant at the Cubatão plant in Brazil. It is doing this by incorporating thyssenkrupp nucera electrolysers. The Brazilian chemical company will replace the existing mercury and diaphragm plants with electrolysers featuring thyssenkrupp nucera's BM2.7 technology. The company will have the largest operation in South America using... [Read More]

BASF has expanded its capacity for ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium. The will add about 400,000 tpy to BASF's production capacity. “With the new plants we are supporting the continuous growth of our customers and are enhancing our market position in Europe,” said Hartwig Michels, president petrochemicals, BASF.... [Read More]

UPM Biochemicals has selected Dongsung Chemical as sole distributor of its bio-monoethylene glycol (BioMEG) UPM BioPura™ in Korea. This further strengthens the development partnership between the two companies that was announced last year. By adding UPM to its supplier network, Dongsung enhances the sustainability transformation of its portfolio and supports the... [Read More]

Desatec from Hamburg, Germany, has revealed a substantial increase by 70,000 mt for sodium methylate at its existing production facility in Dammam, Saudi Arabia. The plant is now the world largest production plant for the chemical with a total output of 150,000 mt per year. Desatec is producing sodium methylate solution and powder at the Dammam facility and exports... [Read More]

TotalEnergies and Borealis celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar® polyethylene (PE) unit - which more than doubles the current production capacity at its site in Bayport, Texas. The new $1.4 billion (€1.3 billion) unit completes the partners’ integrated petrochemicals venture, which includes the expanded... [Read More]

Indonesia's Kilang Pertamina Internasional, the refinery unit of state energy firm Pertamina, aims to finish revamping its petrochemical plant Trans-Pacific Petrochemical Indotama in the fourth quarter of this year. TPPI's aromatic refining capacity will increase from 600,000 tonnes to 780,000 metric tons per year after the upgrade, chief executive Taufik Aditiyawarman... [Read More]

ExxonMobil announced the start-up of two new chemical production units at its Baytown, Texas, manufacturing facility. The $2 billion (€1.87 billion) expansion is part of ExxonMobil’s long-term growth plans to deliver higher-value products from its US Gulf Coast refining and chemical facilities. “With startup of these two new lines, ExxonMobil is delivering high-value... [Read More]

Vopak has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam for a total purchase price of €407 million including a conditional deferred payment of €19.5 million. The Total expected cash receipt for Botlek, TTR and Chemiehaven, net of transaction costs and net debt items at closing, is around €368 million. The combined... [Read More]

New ASEAN Energy has been established to acquire an equity interest in a petrochemical complex in Southeast Asia - one of the fastest growing regions in the world. The complex will utilise next generation technology to generate greater efficiencies, lower production costs and low carbon and renewable energy. In recent years, the region has witnessed increasing investments... [Read More]