Chemical/Petrochemcial News
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Cepsa has signed an agreement with Evos, a liquid energy and chemical storage company, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage facilities in Algeciras and Rotterdam.
The partnership, which also provides for the storage of green ammonia at Evos’ facilities in Algeciras, facilitates the logistics for the transport of green hydrogen products between key…
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Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable.
The companies are embarking on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics.
This will enable products and applications with a lower carbon footprint compared to those produced from fossil…
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ACME Group and Hydrogenious LOHC Technologies have signed a memorandum of understanding (MoU) to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.
Both parties intend to extend the partnership to evaluate the hydrogen value chain from USA to…
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Clariant and its process partner Lummus Technology have been selected by Huizhou Boeko Materials to provide their CATOFIN catalyst and process technology for the dehydrogenation of isobutane at the new plant in Huizhou City, China.
The process technology is exclusively licensed by Lummus Technology, while the tailor-made catalyst is supplied by Clariant. It is the first time Huizhou Boeko will…
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Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that SABIC Fujian Petrochemical’s grassroots complex will leverage its ethylene and co-monomer technologies.
SABIC Fujian Petrochemicals is a joint venture between SABIC Industrial Investment Company and Fujian Fuhua Gulei Petrochemical.
On January 22, SABIC announced the final…
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Clariant and its process partner Lummus Technology have been selected by Huizhou Boeko Materials to provide their CATOFIN catalyst and process technology for the dehydrogenation of isobutane at the new plant in Huizhou City, China.
The process technology is exclusively licensed by Lummus Technology, while the tailor-made catalyst is supplied by Clariant.
It is the first time Huizhou Boeko…
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Topsoe has reached an important milestone at the inaugural demonstration test for its Solid Oxide Electrolyser Cell (SOEC) electrolysis technology.
Held at the company’s demonstration site in Frederikssund, Denmark, Topsoe ran a 2,000-hour demonstration in industrial conditions of 12 SOEC stacks, which included 1,200 cells.
The purpose was to demonstrate the technology’s capabilities in a…
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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 at the JP Morgan…
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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 equipment and…
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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 of hydrogen annually,…
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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 billion (€5.9…
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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 in Abu Dhabi and 54/36…
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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 the catalytic steps to…
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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 depleted or uneconomical oil…
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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 Aramco Jubail Refinery…
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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 of 2023 doubled the total…
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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 near Svelgen has the…
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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 in the production of green…
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