http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/05/mol-inaugurated-its-13-b-200-000-tpy-polyol-complex-in-tiszaújváros-hungary/ MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary. http://hydrocarbonprocessing.com/news/2024/05/ethylene-downcycle-puts-nearly-25-of-capacity-at-risk-of-closure/ A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie. http://hydrocarbonprocessing.com/news/2024/05/nova-chemicals-launches-canadian-center-of-excellence-for-plastics-circularity/ NOVA Chemicals Corporation announced the launch of its Center of Excellence for Plastics Circularity, a hub for knowledge exchange and technology development for the circular economy of plastics. http://hydrocarbonprocessing.com/news/2024/05/haldia-petrochemicals-awards-ethylene-plant-digitalization-contract-to-lummus/ Lummus Technology has been awarded a contract by Haldia Petrochemicals Ltd. for digitalization services at HPL's ethylene plant in West Bengal, India. http://hydrocarbonprocessing.com/news/2024/05/ineos-completes-purchase-of-lyondellbasells-eod-facility-in-bayport-texas-us/ INEOS Oxide and LyondellBasell completed the sale of LyondellBasell’s ethylene oxide and derivatives (EO&D) business and associated production facilities located in Bayport, Texas to INEOS. http://hydrocarbonprocessing.com/news/2024/05/shell-records-nearly-8-b-q1-profit-on-the-back-of-refining-chemicalsproducts-and-lng-divisions/ Shell reported a Q1 profit of $7.7 B, boosted by Red Sea trading disruptions, Russian refining outages and Shell's LNG production increases. http://hydrocarbonprocessing.com/magazine/2024/april-2024/special-focus-maintenance-and-reliability/enhance-ethylene-cracker-radiant-tube-integrity-through-innovative-robotic-inspection/ The ethylene cracker plays a crucial role in the petrochemical industry, producing more than 200 MMtpy of ethylene globally, which is the major building block for plastics, synthetic rubber, lubricants and various chemicals. http://hydrocarbonprocessing.com/magazine/2024/april-2024/trends-and-resources/business-trends-global-chemicals-industry-outlook-for-2024/ After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations. http://hydrocarbonprocessing.com/magazine/2024/april-2024/trends-and-resources/global-project-data/ Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry. http://hydrocarbonprocessing.com/news/2024/04/uzbekistan-aims-to-achieve-a-chemical-hub-status-with-the-help-of-chinese-polymer-tech/ Uzbekistan is embarking on a significant economic transformation with the help of Chinese technology, aiming to capitalize on its natural gas reserves by producing value-added products rather than solely relying on energy consumption.