Chemical/Petrochemcial News

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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) alpha-methylstyrene (20…
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Aug 19, 2022
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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 known as caustic soda,…
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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 up to 100% post-consumer…
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A joint venture between TotalEnergies and Borealis will result in the start-up of commercial operations of a new ethane cracker. Bayport Polymers LLC will have an annual production capacity of 1 million tonnes of ethylene. The $2 billion (€1.98 billion) project built on the site of and operated by the TotalEnergies Refinery in Port Arthur, Texas, represents 14 million hours worked with more…
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BASF has given its final approval for the construction of the planned Verbund site in Zhanjiang in the southern Chinese province of Guangdong. The project is on schedule and will now focused on building the core of the project, which includes a steam cracker and several downstream plants for the production of petrochemicals and intermediates, among others. BASF will invest up to €10 billion…
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Repsol will invest €105 million in the Puertollano Industrial Complex to build the first plant in the Iberian Peninsula capable of manufacturing ultra high molecular weight polyethylene (UHMWPE). This new plant will be operational by the end of 2024 and will have an annual capacity of 15,000 tons. For the construction of the plant, Repsol has selected the technology of DSM, a renowned UHMWPE…
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Twelve, the carbon transformation company, has announced $130 million (€124 million) in funding to turn CO2 into chemicals, fuels and materials conventionally made from petrochemicals. Twelve’s carbon transformation technology converts captured CO2 into products historically made from fossil fuels. According to research from Columbia’s SIPA Center on Global Energy Policy, replacing…
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INEOS Oligomers has announced a phased 50% expansion of its LaPorte High Viscosity (HV) PAO unit. The plant in Texas is expected to be fully operational by mid-2025. The unit was initially built with a nameplate capacity of 20,000 tonnes per annum but was engineered to allow efficient expansion to support anticipated sales growth. It was debottlenecked a first time last year to reach 25 kTpa…
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Tata Chemicals Europe has opened the UK’s first industrial scale carbon capture and usage plant signalling a key milestone in the race to meet the UK’s net zero targets. The £20 million (€23 million) investment has been completed by Northwich-based Tata Chemicals Europe. The plant captures 40,000 tonnes of carbon dioxide each year - the equivalent to taking over 20,000 cars off the…
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Sasol and Uzbekistan GTL’s ongoing cooperation took a significant step forward with the signing of a Memorandum of Understanding (MoU) on the supply of Low Temperature Fischer Tropsch (LTFT) catalysts. The signing took place during Baku Energy Week, one of most prestigious events in the energy sector in the Caspian region, held in Baku, the capital of Azerbaijan. The MoU builds on the…
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Linde Engineering has been selected by Slovnaft to conduct a complex large-scale revamp of a polypropylene (PP3) plant in Bratislava, Slovakia. The revamp will extend the plant’s capacity by 18% to 300,000 tpy of polypropylene, and the storage facility will be expanded from the current 45 to 61 silos in total. The revamped plant, has been designed to offer a higher degree of operational…
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Kent, a leading engineering company in energy transition such as carbon capture, utilisation, and storage (CCUS), hydrogen (H2), low carbon fuels and chemicals has been awarded a major contract for the Hydrogen Production Plant Project. The project will unlock a low carbon future for north west England and north Wales, producing and distributing low carbon hydrogen to replace the fossil fuels…
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bp has signed a 10-year offtake agreement to convert hard-to-recycle waste plastics into circular petrochemical feedstocks and also into ultra-low sulphur diesel (ULSD). Clean Planet Energy designs and builds facilities — which they refer to as ecoPlants — that are expected to process plastics typically rejected by traditional recycling centres and so would otherwise be sent to landfill or…
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Borealis and Axens have inked an agreement for the Rewind® Mix process to purify and upgrade 50 000 tpy of pyrolysis oils produced from plastics wastes at a petrochemical plant in Sweden. The unit at the Borealis facility in Stenungsund is planned to be in commercial operation in 2025, subject to Final Investment Decision (FID), and will produce a virgin-like recycled feedstock to be further…
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Neste is conducting a feasibility study to examine investing in capacity for processing liquefied waste plastic at its refinery in Porvoo, Finland. The goal is to scale up processing capabilities for liquefied waste plastic by implementing proprietary technologies to pretreat and upgrade liquefied waste plastic and integrating the technologies into the refinery operations. The targeted…
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KBR has announced that it has secured a contract from a leading midstream company for a new olefins production facility to be built on the US Gulf Coast. Under the terms of the contract, KBR will provide the license and engineering for the olefins production plant. KBR’s K-COT catalytic olefins technology is the key enabler that can process a wide range of feedstocks to achieve exceptional…
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ExxonMobil has announced it is building an integrated petrochemical complex and is targeting commercial start up next year. The construction of the new linear alpha olefins (LAO) manufacturing unit will take place in Baytown, Texas, US. When fully operational, the new facility will have the capacity to produce approximately 350 000 tpy of LAO. ExxonMobil will manufacture 10 high-purity LAO…
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Saudi Aramco Asia has signed a memorandum of understanding (MoU) with Sinopec for potential downstream collaboration in China. SAAC and Sinopec also aim to support Fujian Refining and Petrochemical Co (FREP) in conducting a feasibility study into the optimisation and expansion of capacity. The MoU provides a basis for continued downstream collaboration between Aramco and Sinopec, capitalising…
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