Petrochemicals
Sinopec Shanghai Petrochemical to invest $2.9 B to upgrade Chinese operations
To maintain its capacity in crude oil processing and make other operational upgrades, the company will shut down existing 18 sets of oil refining devices and install new ones. The new installations will have a capacity to refine 1.2 MMtpy of ethylene.
Avina Clean Hydrogen completes FEED for 800,000-tpy clean ammonia facility (U.S.)
Avina Clean Hydrogen announced the successful completion of front-end engineering design (FEED) and front-end-loading (FEL-3) for its 2,200-tpd clean ammonia facility located in Texas Gulf Coast.
INEOS closes last remaining synthetic ethanol plant in the UK
High energy prices and high carbon taxes have forced the closure of this strategic UK asset. Sir Jim Ratcliffe, Chairman of INEOS says, “De-industrializing Britain achieves nothing for the environment. It merely shifts production and emissions elsewhere."
Vioneo to use Honeywell UOP's methanol-to-olefins technology for Antwerp plant
Vioneo will use Honeywell's advanced methanol-to-olefins conversion technology to produce plastics without the need for traditional feedstock made from fossil fuels
Solvay and Hankook sign Memorandum of Understanding for circular silica
Solvay and Hankook announced the signing of a Memorandum of Understanding (MOU) to collaborate on the development of circular silica coming from biosourced and waste sourcing for tire production.
Borouge reaffirms commitment to local manufacturing with new industry supply agreements
Borouge Plc has signed a series of commercial agreements to expand its market presence in the UAE. The agreements strengthen Borouge’s contribution to ‘Make it in the Emirates’ initiative by supporting local manufacturing and driving economic diversification.
Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings
Howard Energy Partners (HEP) has closed on the purchase of EPIC Midstream Holdings’ ethylene pipeline. The 120-mi, 12-in. bidirectional pipeline provides critical ethylene transportation, connecting Gulf Coast Growth Venture’s petrochemical complex in Corpus Christi to storage facilities in Markham, Texas.
Cloverdale Paint, Celanese partner to offer sustainable paint solutions created with carbon capture
Cloverdale Paint has announced a partnership with Celanese Corp., a global specialty materials and chemical company, that will leverage its carbon capture and utilization (CCU) technology to provide Cloverdale Paint with new-to-market sustainable paint solutions.
H2 Global Energy to develop a $6-B green ammonia project in Tunisia
A consortium led by H2 Global Energy signed a Memorandum of Understanding (MOU) agreement with the Tunisian government to develop a groundbreaking green hydrogen and green ammonia project. The total expected investment for this strategic initiative is $6 B.
Cleanova adds to its industrial filtration portfolio with acquisition of Allied Filter Systems
Cleanova is continuing its ambitious growth plans with the strategic acquisition of Allied Filter Systems Ltd., one of Europe’s leading high-performance filter bag and filter vessel manufacturers for the process industries.
- 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
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
