Petrochemicals
ART launches catalyst system to produce renewable diesel, SAF from 100% renewable sources
Advanced Refining Technologies LLC, a joint venture of Chevron and specialty chemicals leader W. R. Grace & Co., launched ENDEAVORTM, a hydroprocessing catalyst solution to produce renewable diesel and sustainable aviation fuel from 100% renewable sources, such as vegetable oils, refined oils, animal fats, and greases.
Atlas Agro says Australia's Macquarie to invest $325 MM for fertilizer plants in U.S.
Fertilizer maker Atlas Agro Holding AG said that Australia-based Macquarie Group's asset management arm will invest $325 MM in the company and its affiliated project entities.
BASF, Huntsman, and Chinese partners agree to petrochemical deal in China
BASF and Huntsman together with their Chinese partner companies – Shanghai Hua Yi (Group Company), Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd. and Shanghai Chlor-Alkali Chemical Co., Ltd. – announce the planned separation of their joint MDI (diphenylmethane diisocyanate) production at Shanghai Lianheng Isocyanate Co., Ltd. (SLIC).
McDermott selected for petrochemical expansion project by IOCL
McDermott has been awarded a project management consultancy and engineering, procurement, and construction management contract for the Naphtha Cracker Expansion polypropylene expansion and new ethylene derivative unit project from Indian Oil Corporation Limited.
AFPM statement and letter in support of House bills to stop government vehicle bans, attempts to electrify the RFS
American Fuel & Petrochemical Manufacturers President & CEO Chet Thompson this morning issued a statement along with a letter urging support for three bills being marked up today by the House Energy & Commerce Committee.
Egypt to import more mazut fuel oil to manage power cuts
Egypt will import $250 MM up to $300 MM worth of mazut fuel oil to manage power cuts, Egyptian Prime Minister Moustafa Madbouly said.
Fire at Kuwait's Mina al-Ahmadi refinery put out
Firefighters managed to put out a fire in one of the bitumen production unit's lines at Kuwait's Mina al-Ahmadi oil refinery, Kuwait National Petroleum Company said in a statement.
Dioxycle raises $17 MM to help develop green ethylene
French-U.S. climate tech start-up Dioxycle said it has raised $17 MM in funding to help develop sustainable ethylene from recycled carbon emissions.
Braskem expands its biopolymer production by 30% following an investment of $87 MM
Braskem concluded a 30% increase in production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil.
Chinese petchem firms betting big on energy transition products
Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batteries to profit from growing demand for energy transition technologies.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
