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Petrochemicals

Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation

The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.

Bunge Chevron Ag Renewables to build new oilseed processing plant in Louisiana (U.S.)

Bunge and Chevron announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA (U.S.).

NextChem expands its low carbon portfolio with the acquisition of Gascontec, gaining innovative patents in hydrogen, ammonia, and methanol

MAIRE announced that NEXTCHEM has signed a binding agreement to acquire 100% of GasConTec Gmbh, an innovative company specialized in technology development and process engineering founded in 2017 and based in Bad Homburg, Germany.

Indorama Ventures adapts business strategy amid global chemical industry structural changes

Indorama Ventures Public Company Limited, a global sustainable chemical producer, unveiled a significant evolution in its business strategy and outlined how major structural shifts are re-shaping the chemical industry, creating opportunities for the company to emerge stronger from the current downturn and benefit from its unique global model in the longer term.

MAN Energy Solutions to offer ammonia-fueled ship engines after 2027

MAN Energy Solutions plans to deliver later this year its first-ever engine fueled by ammonia for installation on a new vessel in Japan and will be ready to offer ammonia-powered engines to its clients after 2027.

IHI and ACME signed pact to supply green ammonia from India to Japan

ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, signed an offtake term sheet for supply of green ammonia from Odisha, India to Japan.

Linde Engineering to deliver world-scale coastal CO2 Liquefaction Plant to Yara

Linde Engineering has signed a contract with global fertilizer manufacturer Yara to build a world-scale CO2 liquefaction plant in Sluiskil, the Netherlands.

Idemitsu joins JV for clean ammonia production project in Lake Charles, Louisiana (U.S.)

Idemitsu Kosan has agreed with Mitsubishi Corporation and Proman to participate in the development of the proposed clean ammonia production project in Lake Charles, Louisiana, (U.S.).

OQEMA and BASF collaborate on amines in the UK and Ireland

BASF has strengthened its partnership with OQEMA, one of Europe’s leading chemical distributors, with regard to BASF’s standard amines portfolio excluding ethanolamines in the UK and Ireland, effective January 1, 2024.

NETL discovers breakthrough scaling approach for circulating fluidized bed technology

NETL researchers have developed a new scaling methodology for measuring and understanding the performance of key elements used in circulating fluidized bed technologies (CFB) that can speed the development of CFBs for more widespread use.