Construction
UAE's Mubadala Capital plans $13.5-B biofuels investment in Brazil
Mubadala Capital, a subsidiary of Abu Dhabi's Mubadala Investment Company, is planning a $13.5-B investment in Brazil's biofuels sector over the next decade.
Liquid Wind's second eFuel facility granted environmental permit
FlagshipTWO, Sweden's second large-scale production facility of green electrofuel (eMethanol), has received the environmental permit for its planned operations in Sundsvall, Sweden.
Topsoe awarded contract to support FEED study for new low-carbon ammonia plant in Louisiana (U.S.)
Topsoe will license its SynCOR Ammonia™ technology to CF Industries for a low-carbon ammonia project in Louisiana (U.S.).
Sinopec's $4.5-B refinery in Sri Lanka to challenge India's fuel export market share
Sinopec aims to establish its first fully-controlled overseas refinery at Sri Lanka's Hambantota port. This move, driven by changing global strategy and slowing domestic demand, intensifies competition with India's efforts to expand its energy presence in the region.
Borouge increases Q1 net profit nearly 40% to $273 MM
Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.
NEXTCHEM finalizes acquisitions of HyDEP and Dragoni to boost green H2 production tech
NEXTCHEM will combine its technological know-how with HyDEP and Dragoni Group’s competences in electrochemistry to develop and implement its proprietary solutions for green hydrogen production.
DOMO Chemicals responds to surging demand in China with its new TECHNYL polyamide production plant
DOMO Chemicals inaugurates its newest plant in Haiyan, Jiaxing, Zhejiang, China which is a significant milestone that reinforces DOMO's determination to meet rising demand in the Chinese market for its TECHNYL polyamide-based intelligent solutions.
India's Chennai Petroleum sees two-year delay in building new 180,000-bpd refinery
India's Chennai Petroleum Corp Ltd will build a 180,000-bpd refinery at Nagapattinam in Southern Tamil Nadu State by the end of 2027, two years later than initially planned, its head of finance Rohit Kumar Agrawala said.
Business Trends: Global chemicals industry outlook for 2024
After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry.
- Fire at Russian petrochemicals plant kills at least three 4/2
- NH3 Clean Energy selects Linde to deliver FEED for the WAH2 project 4/2
- Phelan Green selects Honeywell process technology for flagship South African eSAF facility 4/2
- Metafuels secures Dutch government grant to advance Rotterdam eSAF project 4/2
- Topsoe partners with Hynfra P.S.A. to advance green ammonia in Jordan 4/2
- China calls for independent refiners to maintain fuel output amid war disruption 4/2
