Petrochemicals
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.
Mitsubishi Chemical abandons 350,000-tpy MMA plant in Louisiana (U.S.)
Mitsubishi Chemical announced that it will not pursue a 350,000-tpy MMA Plant in Geismar, Louisiana" dated December 9, 2020, the Group had been considering the construction of a new Methyl methacrylate monomer plant in Geismar, Louisiana (U.S.), citing a failure to obtain long-term offtake contracts.
Accelerate the clean energy transition with the power of modular pilot and demonstration-scale plants
Modular pilot and demonstration-scale plants have emerged as crucial tools in accelerating this transition as the global community grapples with reducing carbon footprints and transitioning to cleaner energy sources. These plants are instrumental in effectively transitioning between laboratory research and full-scale commercial deployment, offering a pragmatic approach to testing, optimizing and improving new technologies in a controlled, scalable manner.
- Indonesia expects EU to adjust palm oil biofuel stance after EU ruling 1/17
- First-ever ammonia and propane co-loaded vessel completes voyage from U.S. to Europe 1/17
- China's vast refining sector faces shakeout as fuel demand peaks 1/17
- Oman Oil Marketing Co. and TFG Marine establish bunker fuel supply JV 1/17
- Beware Egypt's smokestack onshoring as cement exports surge 1/17
- Petrobras reports record high refinery output in 2024 1/17
