Petrochemicals
Insight: How sanctions made a showpiece Chinese refinery's Western partners run for the exits
Yulong's ambition to rub shoulders with global heavyweights, backed by Beijing's push to modernize its refiners, was upended on October 15, when the UK sanctioned it for dealing in Russian oil.
South Korea's Lotte Chemical, HD Hyundai to merge naphtha operations under petrochem plan
Lotte will merge its 1.1-MM tonne (t) naphtha cracking facilities and jointly operate HD Hyundai's plant with an output of 850,000 t under a plan to set up a joint venture.
Tecnimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan
The facility is designed to recover at least 98% of ethane from dry gas, and its output will feed the second phase of the Silleno petrochemical complex, focused on polyethylene production—another major project being executed by Tecnimont.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
