Olefins
Lummus Technology, Resynergi announce commercialization of microwave-powered plastic pyrolysis technology
Lummus Technology and Resynergi announced the commercialization of Resynergi's Continuous Microwave Assisted Pyrolysis Modules, which converts plastic waste into circular pyrolysis products significantly faster and more efficiently than traditional pyrolysis methods.
The European chemical industry is becoming extinct: An open letter from INEOS CEO Sir Jim Ratcliffe
The chemical industry in Europe has been hugely important to the success of the European economy over the last century. With revenues of around one trillion euros, it is similar in size to the automotive sector. But chemicals in Europe is facing extinction. Government policies have resulted in enormously high energy prices and crippling carbon tax bills.
Egypt signs framework agreement to build $7-B petrochemical complex in New Alamein City
The Egyptian Ministry of Petroleum and Mineral Resources signed a framework agreement with the UK-based Shard Capital for the development of a $7-B petrochemical complex in New Alamein City, Egypt. The project will be developed in collaboration with Saudi Arabia's Al-Qahtani Group.
S-Oil's $7-B Shaheen petrochemical complex is on track for 1H 2026 start
S-Oil's $7-B Shaheen petrochemical project in Ulsan, South Korea, is progressing and is expected to be completed by the first half of 2026.
Nizhnekamskneftekhim receives first ton of ethylene at new EP-600 plant in Russia
PJSC Nizhnekamskneftekhim, part of SIBUR petrochemical holding, has received the first ton of the monomer as part of commissioning work at the new EP-600 ethylene plant, and plans to bring it to design capacity by the end of 2025.
Digital Exclusive (sponsored): NXRe™: A novel recycling technology to support the plastics industry in creating efficient and effective circular value chains
This article details MyRemono's NXReTM technology, a novel, patented and highly efficient continuous depolymerization technology, offering a valuable solution to enhance plastics recycling, reduce the consumption of fossil-based materials and address some of the main issues affecting mechanical recycling processes.
Technip Energies, LanzaTech awarded U.S. DOE funding for breakthrough CO2-to-ethylene technology
The U.S. Department of Energy Office of Clean Energy Demonstrations has committed up to $200 MM in federal funding for Technip Energies and LanzaTech's Project SECURE.
BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha
BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.
Russian petrochemicals giant Sibur plans IPO in coming months
Russian petrochemicals giant Sibur plans to list about 2% of its shares in an initial public offering on Russia's Eastern Exchange in the coming months. Russian listings have been thin on the ground since the exodus of Western capital after Moscow sent troops into Ukraine in February 2022, but a handful of small capital raises dominated by local retail investors has breathed some life into moribund equity capital markets.
ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027
ExxonMobil plans to invest more than $200 MM to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas (U.S.), as well as additional investments globally to reach recycling capacity of 1 Blbs/yr by 2027.
- Digital Exclusive: The implementation and automation of an alarm management system in a complex control environment at KNPC’s Mina Al-Ahmadi refinery 3/17
- Asia's SAF ambitions exceed demand, heralding exports and potentially lowering prices 3/17
- BASF, Sika launch epoxy hardener for sustainable solutions in the construction industry 3/17
- Only one tank containing jet fuel damaged in ship crash off Britain 3/17
- China made rare draw on crude oil inventories amid weak imports 3/17
- One killed, three injured in explosion at Rosneft's oil refinery 3/17
