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Petrochemicals

South Korean petrochemical firms' profits fall in 2024 as oversupply persists

South Korean petrochemical companies LG Chem and Lotte Chemical both suffered losses in 2024, dragged down by oversupply which is set to persist this year, while trade turmoil has dampened the global economic outlook

Polyplastics to launch 40% glass-filled recycled grade of DURAFIDE (R) PPS

Polyplastics Co. Ltd., a global leader in engineering plastics, has announced plans to launch a 40% glass-reinforced grade of DURAFIDE (R) rG-PPS by December 2025 as part of its mechanical recycling business.

Digital Exclusive: Executive viewpoint-Recycled plastic used in roads as Aramco adopts the circular economy

This article details how Aramco is using recycled plastic waste in the construction of new highways and the program aims to reduce emissions and costs, while improving the quality of road infrastructure by utilizing circularity principles   

Gulf Energy Information and DECHEMA partner to launch ChemE Show—Powered by ACHEMA in 2026

Gulf Energy Information and DECHEMA—organizers of the world’s leading trade show for the Process Industries ACHEMA—are thrilled to announce a groundbreaking partnership to launch the new annual must-attend event for experts, decision-makers and solution providers along the chemical and bio-based production value chain: ChemE Show—Powered by ACHEMA.

thyssenkrupp Uhde and Novonesis launch innovative enzymatic esterification technology

thyssenkrupp Uhde, a major chemical technology solution provider, in partnership with Novonesis, a pioneer in enzymatic technology, have launched their joint offering: uhde® enzymatic esterification.

Digital Exclusive: A unified approach to methane emissions reporting (3)

This article looks at the causes of methane emissions, new technologies to monitor it and pathways to mitigate them in the future.

Borouge achieved a 24% increase in net profit in 2024, reaching $1.24 B

Borouge achieved a 24% year-on-year increase in net profit to $1.24 billion, driven by record production and sales volumes. 

Thailand to import more U.S. ethane to reduce trade surplus

Thailand will increase U.S. ethane imports by at least 1 MMt starting from the second quarter of this year to try to reduce its trade surplus with the United States.

Fire at Iran's Marun Petrochemical Refinery contained, says IRNA

A fire at the waste warehouse of the Marun Petrochemical Refinery in southwest Iran on Tuesday has been put out, IRNA news agency reported, adding that six people suffered minor injuries from the incident.

Samsung E&A awarded EPC contract for 1.8-MMtpy TA'ZIZ Methanol project in the UAE

Samsung E&A received a Letter of Award for the engineering, procurement and construction of the 1.8-MMtpy TA'ZIZ Methanol Project. The contract value is $1.7 B, with a contract duration of 44 months.