Petrochemicals
IEA: World oil and gas demand could grow until 2050
The Paris-based energy security watchdog predicted in its annual outlook that the world will likely fail to meet its goal to cap the rise in temperatures to as close as possible to 1.5°C degrees (2.7°F) above pre-industrial times to avoid the most devastating effects of climate change.
INEOS prepares 10 anti-dumping cases to EU commission in unprecedented move
Europe’s chemical sector, the foundation of modern manufacturing, is being drowned by a tidal wave of low-cost imports from Asia, the Middle East and the United States. These products are undercutting European producers who face the world’s highest energy prices and escalating, unilateral carbon costs.
Lindner, Proctor & Gamble launch mechanical recycling technology: Flexloop
Flexloop follows preliminary mechanical cleaning and provides a solvent-based extraction step. In this step, NIAS (non-intentionally added substances) such as pesticides, phthalates, dioxins and organic residues are also extracted and taken away along with odors, adhesives and printing inks.
Olin enters strategic partnership with Braskem to drive vinyls value growth
The companies have executed a long-term agreement for Olin's supply of ethylene dichloride (EDC), aligning with Braskem's transformation of its chlor-alkali and vinyl assets in Brazil.
- 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

