Petrochemicals

Insight: How sanctions made a showpiece Chinese refinery's Western partners run for the exits

Yulong's ambition to rub shoulders with global heavyweights, backed by Beijing's push to modernize its refiners, was upended on October 15, when the UK sanctioned it for dealing in Russian oil.

South Korea's Lotte Chemical, HD Hyundai to merge naphtha operations under petrochem plan

Lotte will merge its 1.1-MM tonne (t) naphtha cracking facilities and jointly operate HD Hyundai's plant with an output of 850,000 t under a plan to set up a joint venture.

Tecnimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan

The facility is designed to recover at least 98% of ethane from dry gas, and its output will feed the second phase of the Silleno petrochemical complex, focused on polyethylene production—another major project being executed by Tecnimont.

INEOS to invest €250 MM in Lavera cracker modernization project in France

BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio

Siam Cement to invest an additional $500 MM in Long Son chemical complex

Borouge to supply advanced polyolefin solutions for next-generation vehicles

ExxonMobil to close Scottish chemicals plant in 2026 amid market uncertainty

European chemicals producers, the European Union's fourth-biggest exporting sector after machinery, automotive and pharmaceuticals, have come under pressure from soaring energy costs following Russia's invasion of Ukraine and aging infrastructure, deepening their reliance on imports of key feedstocks such as ethylene and propylene.

Vietnam's Nghi Son to keep high crude runs despite derivative unit maintenance

There will be no major impact on main refinery operations, the spokesperson said, adding the November partial shutdown will include some works at its hydrogen manufacturing unit and a catalyst change at its residue hydrodesulphurization unit.

Chevron joins race to explore potential purchase of Lukoil assets, including refineries