Mar 21, 2024
Topsoe’s electrolyser demonstration plant delivers strong results
Chemical/Petrochemcial News
Mar 15, 2024
Pipelines
LyondellBasell said it was seeing a better market in North America for its chemicals this year due to low ethane feedstock costs and better petroleum spreads, while the markets in Europe and China continue to be weaker.
With petroleum refining margins improving from the last quarter of 2023, the oxyfuels and refining segment was seeing an uptick, CEO Peter Vanacker said... [Read More]
Chemical/Petrochemcial News
Feb 26, 2024
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Lummus Technology has won a contract from Hyundai Engineering & Construction to provide eight proprietary Short Residence Time (SRT®) ethylene cracking heaters at SATORP’s Amiral petrochemical complex in Saudi Arabia.
“Licensing multiple technologies and supplying the cracking heaters for the Amiral project underscores Lummus’ ability to integrate technology, proprietary... [Read More]
Chemical/Petrochemcial News
Feb 19, 2024
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Topsoe has signed an engineering agreement with Approtium, a leading South Korean industrial supplier of hydrogen, to deliver its proven ammonia cracking technology H2RETAKE™ - converting low-carbon ammonia into hydrogen.
Topsoe will deliver its technology to Approtium’s landmark project in Ulsan, South Korea. The facility is projected to produce 75,000 metric tons... [Read More]
Chemical/Petrochemcial News
Jan 31, 2024
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SABIC has announced the final investment decision (FID) for its Fujian Petrochemical Complex in China’s Fujian province.
SABIC FUJIAN Petrochemicals Co. Ltd, a 51:49 joint venture (JV) between SABIC Industrial Investment Co and Fujian Fuhua Gulei Petrochemical decided to build the Complex in Fujian’s Gulei Industrial Park.
With an estimated total investment of $6.4... [Read More]
Chemical/Petrochemcial News
Jan 23, 2024
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Abu Dhabi National Oil Co (ADNOC) and Austria's OMV are aiming to agree final terms of a tie-up that would create a chemicals group with more than $20 billion (€18.4 billion), Reuters reported.
OMV said in July last year it had entered into talks to merge petrochemicals group Borealis - which is owned by OMV and ADNOC in a 75/25 split - and Borouge, which is listed... [Read More]
Chemical/Petrochemcial News
Jan 22, 2024
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M2X Energy and SCG Chemicals (SCGC), a leading petrochemicals company, have announced a joint development programme to optimise key chemical transformations within M2X’s modular process.
By leveraging the extensive catalyst R&D and manufacturing expertise of SCGC and the deep process design and engineering knowledge from M2X Energy, this collaboration aims to streamline... [Read More]
Chemical/Petrochemcial News
Jan 10, 2024
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ChampionX Corporation and Gold H2 have announced a strategic collaboration on field trials of GH2's novel hydrogen production technology.
GH2, a subsidiary of Houston-based Cemvita Factory, is working to advance the energy transition through its tailored subsurface microbiology solutions that use the power of microorganisms to enable in-situ hydrogen production from... [Read More]
Chemical/Petrochemcial News
Jan 4, 2024
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Chinese refiner Rongsheng Petrochemical and Saudi Aramco are in talks for the Chinese company to buy a 50% stake in the Saudi company's refining unit SASREF.
Reuters has reported that Rongsheng is also negotiating to sell Aramco an up to a 50% stake in its unit Ningbo Zhongjin Petrochemical Co, the Chinese company said in a statement to the Shenzhen stock exchange.
Saudi... [Read More]
Chemical/Petrochemcial News
Dec 22, 2023
Pipelines
Neste’s refinery in Porvoo has successfully processed more than 6,000 tons of liquefied waste plastic so far.
In total, Neste has processed more than 6,000 tons of liquefied waste plastic to date.
The liquefied waste plastic is being refined into high-quality raw materials for new plastics, contributing to a circular economy.
The processing runs in the second half... [Read More]
Chemical/Petrochemcial News
Dec 20, 2023
Pipelines
Australia's Fortescue said it received €200 million from the European Union for its Holmaneset Project - a flagship green ammonia plant in Norway.
The plant aims to capitalize on the Norwegian transmission grid's surplus renewable energy and ship the resulting green ammonia to domestic and European markets, Reuters reported.
"The green hydrogen and green ammonia produced... [Read More]
Chemical/Petrochemcial News
Dec 19, 2023
Pipelines
Topsoe has signed a grant agreement with EU’s Innovation Fund for a total of €94 million. The grant is a recognition of Topsoe’s state-of-the art SOEC electrolysis technology and the innovation inherent in building this first of its kind SOEC factory.
The factory will manufacture advanced, energy efficient Solid Oxide Electrolyser Cells (SOEC) that are essential... [Read More]
Chemical/Petrochemcial News
Dec 18, 2023
Pipelines
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]
Chemical/Petrochemcial News
Dec 12, 2023
Pipelines
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]
Chemical/Petrochemcial News
Dec 4, 2023
Pipelines
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]
Chemical/Petrochemcial News
Nov 23, 2023
Pipelines
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]
Chemical/Petrochemcial News
Nov 16, 2023
Pipelines
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]
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