Petrochemicals
LyondellBasell beats profit estimates on strong demand for oxyfuels
Chemical maker LyondellBasell Industries on Friday beat third-quarter profit estimates, boosted by strong demand for oxyfuels during the summer season when more people take road trips.
Kuwait's KIPIC in talks with potential partners on petrochemicals complex
State-owned Kuwait Integrated Petroleum Industries Company is in early talks with companies to partner on an integrated petrochemicals complex worth up to $9.70 B.
LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling
Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.
New acrylic resin material for automotive bodies under joint development with Honda
The Mitsubishi Chemical Group is pleased to announce that it and Honda Motor Co., Ltd. are jointly developing PMMA material for automotive body parts.
Axens, IFPEN, and JEPLAN commence operations at the Rewind PET facility in Japan for PET chemical recycling
Axens, IFPEN and JEPLAN entered into a partnership in 2020 to develop and license an innovative recycling process, called Rewind PET, that can be used to recycle all types of waste Polyethylene Terephthalate, especially those difficult to recycle mechanically.
Petoskey Plastics receives NOL from FDA for food-contact PCR-LLDPE
Petoskey Plastics has received a No Objection Letter from the U.S. Food and Drug Administration confirming the capability of its secondary recycling process to produce post-consumer recycled linear, low-density polyethylene material that is suitable for food-contact applications.
China sets minimum size for new refiners as it caps overall capacity
China has set a minimum size for new oil refineries and will ban small crude processors that claim to be chemicals or bitumen producers under its plan to limit total capacity at 1-B metric tons by 2025.
ExxonMobil licenses fluid bed methanol-to-gasoline technology to Aramco for synthetic fuel demonstration plant in NEOM, Saudi Arabia
ExxonMobil Catalysts and Licensing LLC has licensed its advanced fluid bed Methanol-to-Gasoline technology to Aramco for a demonstration scale unit to be located in NEOM’s Hydrogen Innovation and Development Center.
Mexico restricts imports of dozens of petroleum and petrochemical products
Mexico has put restrictions on the import of dozens of refined petroleum and petrochemical products to curb fuel theft and adulteration including certain types of gasoline and diesel, jet fuel and additives.
Stamicarbon secures contracts for ultra-low energy urea plant in China
Shandong Lianmeng Chemical Company awards licensing and equipment supply contracts for a grassroots urea melt and prilling plant in China to Stamicarbon, the nitrogen technology licensor of MAIRE Group.
- Ketjen introduces new breakthrough catalyst that mitigates the effects of iron poisoning in FCCUs 8/20
- Sumitomo Chemical achieves scale-up of its process for producing propylene directly from ethanol 8/20
- EcoCortec, Jakob Schober GmbH awarded sustainability award for closed-loop circular films solution 8/20
- Addverb reinvents its factory automation development with Siemens Xcelerator 8/20
- Sanctions-hit Indian refiner Nayara turns to ‘dark fleet’ 8/20
- EIA: Crude and gasoline inventories fall, distillates rise 8/20
