Petrochemicals
Samsung C&T to build Korea's fist ammonia import terminal for co-firing power generation
The terminal will include facilities for storing, unloading, and transporting ammonia. A 30,000-ton storage tank will be used to compress and store ammonia for co-firing power generation. The terminal will also use a fuel blend comprised of at least 20% ammonia for co-firing with coal to reduce carbon emissions.
World’s first supply chain established for sustainable polyester fiber based on CO2-derived, renewable and bio-based materials
A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials as well as carbon capture and utilization will be used in the manufacturing of polyester fibers.
NEXTCHEM (MAIRE) awarded new contracts for proprietary equipment, technology, engineering services
MAIRE has announced that NEXTCHEM (Sustainable Technology Solutions) has been awarded new contracts for an overall value of approximately €30 MM by leading international clients, mainly in the Middle East and Europe.
Innovations
Compact, rugged PC built to connect the industrial floor to the cloud
NEXTCHEM awarded study/pre-FEED contract for a 500,000-tpy low-carbon fertilizer plant in France
MAIRE announces that NEXTCHEM (Sustainable Technology Solutions) has been awarded by FertigHy a feasibility study and pre-FEED contract for a 500,000 tpy of nitrogen-based fertilizers plant in France.
Indorama Ventures secures $200-MM loan from IFC to drive sustainability program
Indorama Ventures, a global sustainable chemical producer, has secured a new 7-yr loan totaling $200 MM from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programs in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler.
Hygenco, Ameropa ink cooperation for supply of green ammonia
Hygenco Green Energies and Ameropa sign green ammonia supply agreement from Hygenco's planned 1.1-MMtpy green ammonia facility in India.
Sungrow Hydrogen wins contract for world's largest green H2, ammonia and methanol integrated project
Sungrow Hydrogen was awarded a contract by China Energy Engineering Corporation for the Songyuan Hydrogen Energy Industrial Park project in Jilin China, the world's largest green hydrogen, ammonia and methanol integrated project.
KKR, IGNIS announce partnership to develop green hydrogen, ammonia and other green technologies in Spain and internationally
KKR and IGNIS announced the launch of IGNIS P2X, a new Power-to-X platform to develop green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors.
Cepsa begins construction of the first chemical plant in Spain to produce the base for hydroalcoholic gels
Cepsa has begun construction on a new €75-MM, 80,000-tpy isopropyl alcohol plant in Spain.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
