Chemical/Petrochemcial News

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Oil, gas and chemicals firm OMV and Wood, a global leader in consulting and engineering solutions in energy and materials markets, have signed a memorandum of understanding (MoU). This is aimed at establishing a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil® technology. The two companies aim to agree on a binding cooperation by…
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Clariant has completed the acquisition of BASF’s US-based attapulgite business assets for $60 million (€60.5 million). The finalised deal also includes an agreement for the long-term supply of attapulgite-based products to BASF. Adsorbent clays, such as attapulgite, are an important enabler for growth in the purification of edible oils and renewable fuels. In edible oil they remove…
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Sulzer Chemtech is helping Energy Absolute (EA) expand its manufacturing plant in Thailand. The collaboration in Map Ta Phut, Rayong, is key to drive the competitiveness of EA, as the technology provided will enable the producer to deliver winterised renewable fuels. This will expand its market reach and support the wider adoption of cleaner energy in Europe and North America. EA, one of the…
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BASF has given the final approval for the construction of the planned Verbund site in Zhanjiang in the southern Chinese province of Guangdong. The project is said to be on schedule. The focus will now be on building the core of the Verbund, which includes a steam cracker and several downstream plants, for the production of petrochemicals and intermediates among others. BASF will invest up to…
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Clariant catalyst chosen for anhydride plant Clariant has been awarded a major contract by Wanhua Chemical Group to supply catalysts for its new maleic anhydride plant - one of the largest in the world. Designed to produce 200 kilotons of maleic anhydride annually, the plant will rely on Clariant’s SynDane catalyst for the production process. The facility will be located in Yantai city,…
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Neste has received a positive grant decision for up to €135 million from the EU Innovation Fund for the company’s project to build chemical recycling capacities at its Porvoo refinery in Finland. Project PULSE (Pretreatment and Upgrading of Liquefied Waste Plastic to Scale Up Circular Economy) aims to implement Neste’s proprietary technologies to pretreat and upgrade liquefied waste…
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ExxonMobil aims to add 20,000 bpd of light, heavy and extra-heavy lubricant base stocks when upgrades to its Singapore integrated refining and petrochemical complex are completed. The Singapore Resid Upgrade Project will expand large-scale production of ExxonMobil’s global EHCTM Group II slate to meet growing demand for high-performance lubricants in the Asia-Pacific region. This project…
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Neste, Covestro and South Korean petrochemical company SK geo centric are cooperating to enable the production of a major polyurethane raw material. The cooperation will see Neste provide SK geo centric with renewable Neste RE™, an ISCC certified feedstock for polymers and chemicals made from 100% renewable raw materials such as waste and residue oil and fats. SK geo centric will process…
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PLANS for an innovative £20 million (€23 million) facility in West Dunbartonshire to turn waste plastic into hydrogen and support the UK’s energy transition to net-zero have been approved. West Dunbartonshire Council have given the green light to the plant, the second of its kind in the UK. The plans were lodged by Peel NRE – part of Peel L&P – for the site at Rothesay Dock on the…
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TotalEnergies and New Hope Energy signed an agreement for an advanced recycling plant in Texas to transform end-of-life plastic waste into a recycled feedstock. TotalEnergies will convert this into virgin-quality polymers, which can be used for food-grade packaging. The New Hope Energy plant is expected to start production in 2025 and will use a patented pyrolysis technology that was developed…
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Technip Energies and Alterra Energy have signed a global joint development and collaboration agreement to integrate Alterra’s commercially available liquefaction process technology with Technip Energies’ pyrolysis oil purification technology. This will maximise the adoption of recycled feedstock and improve circular economy solutions for the global petrochemical industry. Alterra provides…
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Clariant’s Catalysts business has been awarded three new contracts by China’s Lihuayi Group for its upcoming petrochemicals production units. The agreements include three of Clariant’s high-performance catalysts for the production of ethylene, styrene, and propylene. From Clariant’s ethylene catalyst line, Lihuayi chose the OleMax 101 catalyst for its 1000 KTA olefins plant for…
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Vitol has entered into a strategic partnership with Danish company WPU which recycles waste plastic into plastic oils. Vitol will offtake and market the recycled plastic oils generated by WPU’s new pyrolysis plant in Faarevejle in Odsherred Municipality north of Copenhagen, which is expected to open in early 2023, with an additional two plants to be opened next year. The combined capacity of…
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ABB has been awarded a major contract by NatureWorks a manufacturer of polylactic acid (PLA), to automate their new plant in Thailand. The plant will convert sugar cane to the PLA biopolymer IngeoTM. The new plant will ferment and distill plant-based sugars converting themfirst to lactic acid, then lactide and then polymerise them into Ingeo. These three separate production processes will be…
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AxFlow has acquired Pumpegruppen - a Danish pump supplier to the chemical industry. It also supplies pumps for the water treatment and general industrial applications. Pumpegruppen is a full-service pump specialist representing brands including Grundfos, Wilden, FTI and Speck. The company is headquartered in Lyngby, near Copenhagen, and has another base in Rønde in Jutland. “The…
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INEOS Aromatics has completed a $70 million (€63 million) modernisation of its purified terephthalic acid (PTA) plant in Merak, Indonesia. The installation of a larger oxidation reactor, reconfiguration of the reactor’s heat recovery system and revamp of the process air compressor train will both reduce CO2 emissions per tonne by 15% and increase the site capacity by 15%, from 500,000…
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Tranter have received an order from a European-based company for a petrochemical project in Eastern Europe. The project is one of the largest petrochemical investments in Europe in the last two decades. Tranter's scope of delivery to the project is a total of 37 large heat exchangers from all of its product lines. This includes four jumbo-sized shell-and-plate heat exchangers that will be…
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TotalEnergies and Honeywell are to promote the development of advanced plastic recycling. Under this agreement, Honeywell will supply TotalEnergies with recycled polymer feedstock (RPF) using Honeywell’s UpCycle process technology at Honeywell and Sacyr’s advanced recycling plant, intended to be built in Andalucía, Spain. TotalEnergies will purchase and convert this raw material into…
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