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Petrochemicals

CNX Resources pulls out of Adams Fork ammonia project

CNX Resources said it had pulled out of the Adams Fork ammonia project and is evaluating several alternative sites in southern West Virginia for clean hydrogen projects.

ADNOC to acquire OCI’s stake in Fertiglobe

Abu Dhabi National Oil Company P.J.S.C. and OCI Global, announced that they have entered into a sale and purchase agreement for the acquisition by ADNOC of OCI’s entire majority shareholding in Fertiglobe plc.

India to allow diversion of up to 1.7 MMt of sugar for ethanol

India has decided to allow sugar mills to divert up to 1.7 MMt of sugar for ethanol production, as New Delhi aims to reduce disruptions in its ambitious biofuel program.

OMV, ADNOC close to agreeing deal for chemicals company tie up

Abu Dhabi National Oil Co is closing in on a deal with Austria's OMV to combine two entities in which the companies own stakes to create a chemicals giant.

Aramco to acquire a 40% stake in Gas & Oil Pakistan

Aramco, one of the world’s leading integrated energy and chemicals companies, signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd.

Russia's Sibur strikes deal to issue carbon credits from solar project

Russia's Sibur, the largest petrochemical producer in eastern Europe, said it plans to start issuing carbon credits outside Russia after reaching a deal at the COP28 climate summit to register a solar project with a new international program.

BASF launches Irgastab PUR 71, a cutting-edge antioxidant improving regulatory compliance and performance for polyols and polyurethane foams

BASF presents Irgastab PUR 71, an innovative and advanced anti-scorch solution that not only ensures adherence to regulations but also offers exceptional performance.

Digital Exclusive: Mitigating methane emissions: Digital strategies for the energy industry

This article provides several ways that digital technologies can help mitigate industrial emissions and be integrated into any company's decarbonization/net-zero goals.

OQ signs nine agreements to establish $88-MM industrial projects in the Ladayn Polymer Park in Suhar

OQ Refineries and Petrochemical Industries, a subsidiary of OQ, the global integrated energy group, signed nine investment agreements with a total worth of approximately $88 MM to establish industrial projects in the Ladayn Polymer Park in Suhar Industrial City.

INEOS announces the acquisition of the LyondellBasell ethylene oxide & derivatives business and production facility at Bayport, Texas (U.S.) for $700 MM

INEOS has announced an agreement with LyondellBasell to buy its ethylene oxide & derivatives business including the Bayport Underwood site, Texas.