http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/12/digital-exclusive-sponsored-nxre-a-novel-recycling-technology-to-support-the-plastics-industry-in-creating-efficient-and-effective-circular-value-chains/ This article details MyRemono's NXReTM technology, a novel, patented and highly efficient continuous depolymerization technology, offering a valuable solution to enhance plastics recycling, reduce the consumption of fossil-based materials and address some of the main issues affecting mechanical recycling processes. http://hydrocarbonprocessing.com/news/2024/12/technip-energies-lanzatech-awarded-us-doe-funding-for-breakthrough-co2-to-ethylene-technology/ The U.S. Department of Energy Office of Clean Energy Demonstrations has committed up to $200 MM in federal funding for Technip Energies and LanzaTech's Project SECURE. http://hydrocarbonprocessing.com/news/2024/12/basf-and-inocas-sign-agreement-to-develop-sustainable-macauba-oil-supply-in-brazil-to-produce-bio-naphtha/ BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio. http://hydrocarbonprocessing.com/news/2024/12/russian-petrochemicals-giant-sibur-plans-ipo-in-coming-months/ Russian petrochemicals giant Sibur plans to list about 2% of its shares in an initial public offering on Russia's Eastern Exchange in the coming months. Russian listings have been thin on the ground since the exodus of Western capital after Moscow sent troops into Ukraine in February 2022, but a handful of small capital raises dominated by local retail investors has breathed some life into moribund equity capital markets. http://hydrocarbonprocessing.com/news/2024/11/exxonmobil-plans-1-blbsyr-of-advanced-recycling-by-2027/ ExxonMobil plans to invest more than $200 MM to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas (U.S.), as well as additional investments globally to reach recycling capacity of 1 Blbs/yr by 2027. http://hydrocarbonprocessing.com/news/2024/11/sinopec-aramco-start-building-10-b-petchem-complex-in-chinas-fujian-province/ Sinopec Corp and Saudi Aramco have started constructing a $10-B refinery and petrochemical complex in southeast China's Fujian province, marking another big investment in the country's recent wave of petrochemicals expansions. http://hydrocarbonprocessing.com/news/2024/11/sinopec-starts-up-12-mmtpy-ethylene-complex-in-north-chinas-tianjin/ The new 1.2-MMtpy ethylene complex in northern China, part of China's recent additions of large-scale petrochemical plants, is designed to provide 4 MMtpy of high-end chemical products and fine chemical feedstocks. http://hydrocarbonprocessing.com/news/2024/11/digital-exclusive-us-flip-flop-jeopardizes-global-treaty-to-end-plastic-pollution/ Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries to take their own path to tackle plastics pollution, and instead, wants universal plastic production caps and the banning of certain chemicals. Mr. Benedict details why this approach will only hurt the global objective to end plastic pollution. http://hydrocarbonprocessing.com/news/2024/11/polish-oil-refiner-orlen-may-suspend-or-cancel-olefins-project/ Polish oil refiner Orlen will not continue with its olefins petrochemical project in its current form and will decide by December between "optimizing," suspending or terminating the investment. http://hydrocarbonprocessing.com/news/2024/11/us-exports-of-ethane-and-ethane-based-petrochemicals-rose-135-from-2014-to-2023/ U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 MMt in 2023, up 135% since the U.S. began exporting ethane in 2014 and 17% more than in 2022, according to data from the U.S. Census Bureau.