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]

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... [Read More]

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... [Read More]

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... [Read More]

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... [Read More]