Petrochemicals
LYB enters into agreement to acquire 35% of Saudi Arabia-based NATPET; expands core PP business
LyondellBasell announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company from Alujain Corporation for approximately $500 MM.
Bayegan Group unveils $1.9-B petrochemical plant project in Turkey
Turkish petrochemicals company Bayegan Group is set to enhance domestic polypropylene production with a planned $1.9-B plant in Hatay province.
Solvay expands operations across recycling facilities in Europe to enhance circularity in flue gas treatment
Solvay has announced capacity expansions at its Resolest and Solval units, specifically designed for recycling residues from the flue gas cleaning process using the market-leading SOLVAir solution.
Borouge launches new infrastructure and advanced packaging solutions
Borouge Plc launched five new grades to meet the growing demand in the infrastructure and advanced packaging industries in the Middle East, Africa and Asia.
Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023
Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.
Borouge signs $44-MM supply agreement with NAFFCO
Borouge Plc announced the signing of a $44-MM agreement with NAFFCO to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative and sustainable polyethylene materials.
Rockets crash into Iran’s Chabahar petrochemical complex during military exercise
Iranian Revolutionary Guards launched rockets that malfunctioned and crashed into a petrochemical plant in Chabahar, southeast Iran during the Great Prophet 18 war games.
Lummus strengthens position in circular economy
Lummus Technology announced a major investment in Resynergi, a pioneering leader in plastic recycling technology, to scale production of Resynergi's modular Continuous Microwave Assisted Pyrolysis technology.
8 Rivers announces Cormorant Clean Energy Project, the first commercial deployment of 8RH2 ultra-low carbon hydrogen technology
The ultra-low-carbon ammonia production facility located in Port Arthur, Texas will produce an estimated 880,000 tons of ammonia per year and accelerate decarbonization of transportation, industrial processes, and agriculture across the Gulf Coast region.
Brazil's Cape Igarassu chlor-alkali plant is greener with thyssenkrupp nucera's BM2.7 technology
Cape Igarassu, a company managed by Chlorum Solutions, is converting its chlor-alkali plant in Igarassu in the Brazilian metropolitan region of Recife to a more environmentally friendly and safe solution for the supply of chlorine and its derivatives.
- GTT receives order from Samsung Heavy Industries for the tank design of two new very large ethane carriers 2/11
- Emerson introduces hybrid continuous gas analyzer for improved regulatory compliance and emissions control 2/11
- BASF to further strengthen Global Business Services through global hub setup 2/11
- Morocco signs agreement with ORNX consortium for $4.5-B green ammonia complex 2/11
- Rosneft oil refinery in Germany warns of risks from U.S. sanctions 2/11
- TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45% 2/11
