Petrochemicals
Borealis prolongs stand-still for its PDH plant construction site
In light of recent developments and news reports about alleged malpractices at one of its contractors at the new PDH construction site at Kallo, Belgium, Borealis has decided to declare a three day stand-still for its Kallo PDH construction site.
Vietnam firm to build $1.5 B polypropylene plant
A private Vietnamese petrochemicals firm is planning to invest $1.5 B in a polypropylene plant in the northern province of Quang Ninh.
Valvoline fuels retail drive with $2.65 B lubricants unit sale to Saudi Aramco
Valvoline Inc is selling its unit that makes lubricants, coolants and other automotive products to state-owned Saudi Aramco for $2.65 B in cash to sharpen focus on its retail services business.
PetroChina begins $4.5-B refinery expansion
PetroChina has launched a $4.52 B program to expand a subsidiary refinery in southern China into an integrated petrochemicals complex.
Dow and Al-Hejailan Group sign MoU to build joint venture MDEA plant
Dow and the Al-Hejailan Group signed an MoU to form a joint venture to design, build and operate a methyl diethanolamine plant in the PlasChem Park in Saudi Arabia.
INEOS and SINOPEC sign three petrochemical deals worth $7 B
INEOS and SINOPEC signed three back-to-back deals worth a combined value of $7 B. These landmark agreements are expected to generate a combined turnover of around $10 B from 7 MMt of capacity.
LyondellBasell helps close the loop on polypropylene by joining NEXTLOOPP initiative
LyondellBasell, one of the largest plastic and chemical companies in the world, has recently joined the initiative that brings more than 40 major industry players together.
History of the HPI: The 1980s: Oil spike/collapse, liquid crystals, conducting polymers and the rise of AR/VR
Several major impactful events took place in the global oil and gas and petrochemical industries in the 1980s.
Hydroprocessing catalyst reload and restart best practices—Part 1
Hydroprocessing (hydrotreating and hydrocracking) units are high-pressure, high-temperature units that have multiple reactors, multiple beds per reactor and specialized metallurgy.
Enabling a circular economy delivery model through truckable modularization
As resources become scarcer, and as costs continue to rise, companies are looking for new methods to reduce their material feedstock costs and remain competitive.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
