Petrochemicals
Digital Feature: Minimizing the cost of corrosion: Budgeting for industrial asset preservation
Advanced budgeting for corrosion protection is critical to industrial facility management. Since the urgency of the matter is often not realized until a failure or accident occurs, the article provides several tips to help maintenance, purchasing or corporate teams start budgeting for preservation before an emergency happens.
Clariant’s EnviCat Green series catalyst chosen for major green ammonia project in China
The catalyst will be used to remove trace oxygen from green hydrogen produced at the facility, before conversion into green ammonia.
U.S. DOE awards $41 MM for renewables-to-liquids/chemicals projects
The U.S. Department of Energy announced $41 MM for 14 projects to develop technologies, renewables-to-liquids, for harnessing renewable energy to produce liquids for sustainable fuels or chemicals.
Mitsubishi Heavy Industries, Taiwan Fertilizer sign MoU to study a fuel ammonia value chain in Taiwan
Mitsubishi Heavy Industries, Ltd. has entered into a Memorandum of Understanding with Taiwan Fertilizer Co., Ltd. to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan, in support of Taiwan's "2050 Net-Zero Emissions" goal.
Aggreko invests in European cooling fleet to support petrochemical industry amid summer heat
Energy solutions specialist Aggreko has significantly invested in its European fleet of cooling solutions to bring reliable, clean and efficient cooling to the market.
OCI Global to sell its clean ammonia project in Texas (U.S.) to Woodside Energy for $2.35 B
OCI Global has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1-MMtpy clean ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.
Nippon Shokubai announces Indonesian subsidiary's plan to expand its superabsorbent polymer (SAP) plant
Nippon Shokubai Co., headquartered in Osaka, Japan, has announced that the company decided, at its board meeting held on July 30, 2024, to give approval to an investment plan at PT. NIPPON SHOKUBAI INDONESIA (NSI).
Shard Capital proposes $7-B petrochemical complex in Egypt
Egypt's Ministry of Petroleum and Mineral Resources announced that Shard Capital has proposed constructing a $7-B petrochemical complex in Egypt's New Alamein Industrial Zone.
Indorama Ventures joins the T-REX Project to revolutionize textile recycling
This ambitious initiative aims to establish a harmonized EU blueprint for the closed-loop sorting and recycling of household textile waste to help the fashion industry transition towards a more circular and sustainable future.
Shell beats forecasts with $6.3 B second quarter profit
Shell reported second-quarter profit of $6.3 B, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still beating analysts' forecasts.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
