Petrochemicals

Innovations

KraussMaffei launches co-rotating twin-screw extruders for petrochemical industry

With the market launch of the new ZE Petrochemical (ZE-PC) series, KraussMaffei Extrusion is setting a milestone in industrial raw polymer production.

Aster Chemicals declares force majeure at Singapore naphtha cracker

Singapore's Aster Chemicals and Energy has declared force majeure on petrochemical supplies from its naphtha cracker on Bukom island

Brazil approves temporary antidumping measures against Canadian, U.S. polyethylene resins

Brazil trade panel Gecex/Camex approved temporary antidumping measures against the imports of polyethylene resins from Canada and the U.S., according to the Ministry of Development, Industry, Trade and Services.

South Korea petrochemical overhaul likely to shut small, stand-alone naphtha crackers

Small and stand-alone naphtha crackers are likely to shut while some plants could merge as part of an overhaul of South Korea's oversupplied petrochemical sector, which will cut naphtha demand at the world's largest importer of the fuel.

China's carbon market to introduce absolute emissions caps from 2027

China will tighten its carbon trading market by introducing absolute emissions caps in some industries for the first time starting by 2027, China's cabinet said.

ExxonMobil sees global natural gas demand surging in outlook to 2050

Global demand for natural gas will rise more than 20% by 2050 from last year's level, as it displaces coal to power industries and meet higher electricity use in developing countries, ExxonMobil said in an annual outlook.

ABB and Citroniq target a world first with 100% bio-based polypropylene facility

Polypropylene is used for many everyday items society relies on, including food and beverage packaging, automotive parts, consumer goods and medical devices.

Trump tariffs force much-needed petrochemicals contraction

U.S. President Donald Trump's trade wars are nudging the global plastics industry toward a painful but necessary restructuring to address acute overcapacity that has kept the industry’s profits in a prolonged slump.

CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China

China National Offshore Oil Corp has completed building a $2.9-B, 1.8-MMtpy integrated refining and petrochemical complex in eastern China