Petrochemicals

Indorama Ventures' consortium to develop state-of-the-art rPET facility in Nigeria

America First Refining plans new Texas refinery, first in nearly 50 years

America First Refining (AFR) plans to build the first new U.S. oil refinery in nearly half a century at the Port of Brownsville in South Texas. President Donald Trump announced the project, describing it as part of a broader push to expand domestic energy production and strengthen U.S. energy security.

Chevron Lummus Global expands portfolio with Fischer-Tropsch liquids upgrading solutions

Previously licensed by Chevron U.S.A. Inc., these solutions deliver premium products such as Group III/III+ base oils, sustainable aviation fuel (SAF), and high-quality jet and diesel fuels with unmatched reliability, efficiency and consistently high performance.

Mitsui Chemicals cuts output with other Japanese companies amid Iran crisis

Taiwan's Formosa Petchem issues force majeure as Iran war disrupts feedstock delivery

For refined fuel products such as diesel, jet fuel and gasoline, the company is still proceeding with its export deliveries for March and April, although there is likely to be no spot availability for April.

BASF introduces BDO, THF, PolyTHF and NMP product variants with reduced product carbon footprint

China's Wanhua Chemical declares force majeure on supplies to Middle East

Iran war causes major oil, gas disruptions

The U.S.-Israeli war on Iran and Tehran's attacks on Gulf neighbors have disrupted oil and natural gas exports from the Middle East and forced production stoppages.

Asia refineries, petchem firms cut runs as Middle East conflict disrupts feedstock supplies

Asian steam crackers, which source more than 60% of their naphtha feedstock from the Middle East, have been quick to declare force majeure on petrochemical supplies to customers.

Brazil's antitrust watchdog approves private equity firm's controlling stake purchase in Braskem