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Petrochemicals

NEXTCHEM (Maire) signs €4-MM grant with the EU to scale up proprietary chemical recycling technology

The grant will support the BOOST project, aimed at implementing the first commercial application of NXRe PMMA technology for the chemical recycling on continuous basis of polymethylmethacrylate (PMMA) scraps into high quality, added value intermediates

NOVA Chemicals receives FDA LNO for plastic films mechanical recycling process at Indiana (U.S.) facility

NOVA Chemicals Corp. announced that it has received a Letter of Non Objection (LNO) from the U.S. Food and Drug Administration (FDA) confirming the capability of its mechanical recycling process in Connersville, Indiana, to produce post-consumer recycled linear, low-density polyethylene (rLLDPE) material that is suitable for broad food-contact applications.

EU: Very difficult to agree on global plastics treaty this year

BRUSSELS/TOKYO (Reuters)—The European Union has said it will be "very difficult" for countries to agree on a new global treaty to tackle plastic pollution by the end of this year as planned.

White Summit to invest €250 MM in Spanish green methanol plant

Infrastructure investment firm White Summit Capital will invest €250 MM ($267 million) in a green hydrogen and methanol plant in Spain. 

Grace licenses UNIPOL polypropylene technology to Bharat Petroleum Corp. Ltd.

W. R. Grace announced that Bharat Petroleum Corporation Limited (BPCL), the second largest Indian oil marketing company, has expanded its licenses for Grace’s UNIPOL® polypropylene (PP) process technology.

OMV to invest €750 MM at Petrobrazi to produce sustainable fuels

OMV Petrom will invest approximately €750 MM at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.

Univation launches new PE process to produce LDPE and EVA resins

Univation Technologies announced the launch of its latest licensed technology platform – a tubular high-pressure PE process enabling production of both low-density polyethylene (LDPE) and ethyl-vinyl acetate (EVA) copolymer resins which is offered under the brand name UNIGILITY™ Tubular High Pressure PE Process Technology.

Vast and Mabanaft advance Port Augusta green methanol project in Australia

Vast Renewables Ltd., a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant.  

Glocal Green, Norwegian Hydrogen to build large-scale bio-eMethanol facility in Norway

Ålesund-based Glocal Green and Norwegian Hydrogen have entered into a collaboration agreement on large-scale production of what is also known as bio-e-methanol.

Valmet announces upgrade to D3 distributed control system

Using Valmet’s D3 distributed control system (DCS) automation platform, industrial processors can now integrate numerous reliability and performance enhancements in the first significant update following its acquisition from NovaTech Automation last year.