Petrochemicals
INEOS Enterprises to sell Composites business to KPS Capital Partners for €1.7 B
INEOS Enterprises has entered into an agreement for the sale of the INEOS Composites business to KPS Capital Partners, LP for an estimated consideration of €1.7 B at completion. INEOS Composites is a leading global manufacturer of unsaturated polyester resins, vinyl ester resins and gelcoats used in the production of plastic composites for a wide range of applications across large global end-markets.
MHI Compressor delivers critical turbomachinery for Texas ethane cracker
Mitsubishi Heavy Industries Compressor International Corporation (MCO-I), a leader in the design and manufacturing of compressors, steam turbines and associated auxiliaries, has successfully manufactured, tested and shipped steam turbine-driven compressor packages to Golden Triangle Polymers Co., a Chevron Phillips Chemical Co. (CPChem) and QatarEnergy joint venture, for its world-scale 2.08-MMtpy ethane cracker located in Orange County, Texas.
BASF unveils new HDPE brand Easiplas and HDPE construction milestones at Zhanjiang Verbund site
BASF has launched Easiplas, a new brand of high-density polyethylene (HDPE), alongside reaching significant construction milestones at the HDPE plant at the Zhanjiang Verbund site in China
Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar
The facility consists of a 1.2-MMtpy ammonia production unit, along with an additional unit for CO2 injection and storage, with a capacity of 1.5 MMtpy. QatarEnergy will provide the new plant with more than 35 MW of electricity from the solar power plant currently being built in Mesaieed Industrial City, thereby becoming blue ammonia.
ADNOC launches $80-B low-carbon energy and chemicals investment company
ADNOC announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 B. XRG aims to more than double its asset value over the next decade by capitalizing on demand for low-carbon energy and chemicals.
Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project
Clariant's MegaMax catalyst was selected for a China’s biomass gasification-to-green methanol project. The plant will use a combination of farm waste and wind power to produce up to 250,000 tpy of green methanol in two phases by 2027.
How to select the right explosive-certified equipment for hazardous areas
When operating in a potentially explosive atmosphere, several crucial aspects must be considered. These include understanding the potential hazards and choosing the correct tools for the identified hazardous areas. The rules and regulations surrounding the use of equipment in hazardous areas are deciphered and explained within this work.
Improving ammonia production sustainability
While approximately 70% of ammonia production is used to make fertilizers, it is also identified as the largest carbon dioxide (CO2)-emitting chemical industry process. This article examines several novel technologies to improve the sustainability of the ammonia production process.
Design optimization of an HVAC system in a petrochemical plant’s controls building
Since petrochemical plant control buildings are usually designed to be blast-resistant without external windows, convection ventilation cannot be carried out, leading to poor air circulation. As a result, there are higher requirements for indoor air quality, and it is necessary to optimize the heating, ventilation and air conditioning (HVAC) system design scheme to improve air quality.
Use advanced thermal insulative coatings to improve safety, maintain access and protect against corrosion
Throughout refineries, petrochemical plants and offshore oil and gas platforms, personnel are often required to work near equipment that operates at high temperatures. Protecting those workers from skin-contact burns has typically involved two approaches: implementing physical barriers and covering the hot assets with insulation and cladding. This article details how thermal insulative coatings can be used to improve safety and guard against corrosion.
- 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
