Chemical/Petrochemcial News
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Repsol has taken another step forward in its commitment to the circular economy as the cornerstone of its transformation to become a company with zero-net emissions by 2050.
The company will install a new recycled plastics production line (Reciclex range) with a capacity to manufacture 25,000 tons per year at its Puertollano Industrial Complex.
The new unit, which will come into operation at…
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Argent Energy, a leading European manufacturer of biofuels in the UK and the Netherlands, has commenced groundworks for construction of a glycerine refinery in the Port of Amsterdam.
The facility is expected produce 50,000 tons of refined glycerine per year.
With this construction, the company is expanding its portfolio of sustainable products and will be entering the chemical market for the…
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Petrochemical projects will constitute the majority of the upcoming oil and gas projects that are expected to commence operations in Saudi Arabia during the period 2023 to 2027.
This accounts for around 61% of the total projects GlobalData, a data and analytics company, revealed.
Their report, Middle East Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries,…
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Nuberg EPC has announced that it has been awarded a 550 TPD sulphuric acid plant project.
The project is owned by Spolana, a leading chemical manufacturer located on the Elbe riverbank in Neratovice, Czech Republic.
Spolana is one of the largest chemical manufacturing companies in the country, the only manufacturer of PVC and caprolactam, also produces ammonium sulphate and sulphuric…
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Neste has completed the grant agreement process with Climate, Infrastructure and Environment Executive Agency of the European Commission (CINEA) and the European Commission for €135 million funding for its chemical recycling project PULSE.
This follows the earlier positive EU Innovation Fund grant decision in July 2022.
The PULSE project aims to implement Neste’s proprietary technologies…
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Maire Tecnimont has announced that a signing ceremony concerning the $6 billion (€5.5 billion) integrated polymers complex to be built in Ras Laffan Industrial City was held in Doha, Qatar.
The contract, already announced on December 21, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical.
QatarEnergy (formerly…
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SABIC, OQ and Kuwait Petroleum International (KPI) have signed a project development agreement of a jointly owned petrochemical complex.
The three companies aim to establish a petrochemical complex in the Special Economic Zone at Duqm (SEZAD) in Oman consisting of a steam cracker and derivative units and an NGL extraction facility.
They will conduct the necessary studies and collaborate using…
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INEOS and SINOPEC have completed two of the four significant petrochemical deals announced last year.
INEOS has acquired 50% of Shanghai SECCO Petrochemical and INEOS and SINOPEC have also established a 50/50 joint venture for acrylonitrile butadiene styrene (ABS) based on INEOS’ proprietary ABS Technology.
The third and fourth deals are expected to be completed this year. INEOS and SINOPEC…
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Aramco and TotalEnergies are to construct a new petrochemical facility in Saudi Arabia.
The Amiral complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern coast.
The petrochemical facility will enable SATORP to convert internally produced refinery off-gases and naphtha, as well as ethane and natural gasoline supplied by…
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Saudi Aramco and Shandong Energy Group have agreed a memorandum of understanding (MoU) on integrated refining and petrochemical opportunities in China.
The MoU includes a potential crude oil supply agreement and chemicals products offtake agreement, supporting Aramco’s role in building a thriving downstream sector in Shandong Province.
The scope of the MoU extends to cooperation across…
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Clariant Catalysts has teamed up with Evonik and thyssenkrupp Industrial Solutions (tkIS) in a major propylene oxide project.
Qixiang Tengda is one of the leading global producers of carbon-four chemical products, such as methyl ethyl ketone and maleic anhydride.
Expanding into the carbon-three value chain, the company’s new propylene oxide plant in Zibo city, Shandong province, relies on…
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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, installation of modules,…
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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 from crude, Aramco said…
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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 created a joint venture…
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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 achievement and one the…
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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 and applying advanced…
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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 of demanding food…
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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 wholly-owned…
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