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Petrochemicals

Asia petchem producers plan to switch to LPG after price slump

Several Asian petrochemical producers plan to switch a portion of their feedstock from naphtha to cheaper liquefied petroleum gas late in the second quarter as the price gap between the two fuels has widened.

MECS awarded spent acid regeneration plant at Sinopec Zhenhai

Sinopec Zhenhai Refining and Chemical Co., Ltd has contracted with MECS, Inc. and MECS Chemical Plants Equipment Co., LTD. for the license, design, engineering, and equipment for a spent sulfuric acid regeneration plant.

LEGO, Novo Nordisk agree to buy green methanol for plastic production

Toymaker LEGO said it had agreed to buy e-methanol, a lower-carbon alternative to conventional plastic ingredients, for use in its colorful plastic bricks when the world's first large-scale plant starts operations next year.

Stellantis tests e-fuels on existing engines to decarbonize fleet

Carmaker Stellantis is testing 28 types of engine to try to optimize their performance using synthetic e-fuels, which are made with renewable energy, a step it said could decarbonize its existing European models.

St. Charles Clean Fuels proposes $4.6-B reduced-carbon ammonia facility in St. Rose

St. Charles Clean Fuels is exploring the feasibility of building a $4.6-B ammonia production and export facility in St. Charles Parish, Louisiana.

Aggreko launches industry’s largest heat exchanger and exclusive Hastelloy-c Crossflow Exchanger

Aggreko announced the launch of two new rental heat exchanger fleets, the Large Node Heat Exchanger and the Hastelloy-C Crossflow Heat Exchanger.

Brazil's Acelen to invest $2.44 B in renewable diesel business

Mubadala Capital backed-Acelen will invest $2.44 B over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment.

Technip Energies awarded a contract for Juhua’s Greenfield Chemical Complex in China

Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. for a 1,3-propanediol plant with a capacity of 72 kta and a 150 kta polytrimethylene terephthalate plant in Ningbo, Zhejiang, China.

Vietnam's Binh Son refinery delays maintenance, expects 88% profit fall this year

Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.

Petrochemical firms and Seoul city government partner to recycle plastic waste

The Seoul Metropolitan Government is partnering with domestic petrochemical companies to begin a pilot project for recycling plastic waste materials using thermal pyrolysis technology.