Petrochemicals

Dow to close three European chemical plants, cut 800 jobs

Dow Chemical will shut down three chemical plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said. The company said the shutdowns will remove higher-cost, energy-intensive portions of Dow's portfolio in Europe.

Nayara to use Univation Technologies' PE process for world-scale plant in India

Univation Technologies, LLC announced that Nayara Energy Ltd. has selected Univation's UNIPOL™ PE Process Technology for a world-scale production line in Vadinar, Gujarat, India.

EU to set up Critical Chemical Alliance to secure supply chains

The European Commission will work with EU member states and the chemicals sector to support production of chemicals identified as critical for Europe's industrial supply chains, the EU executive said.

Digital Exclusive: How to build cyber resilience in the oil and gas supply chain

Society’s dependence on the oil and gas supply chain is well-documented. However, this reliance has given rise to concerning new trends in cyber threats—vital businesses along that chain must be more vigilant than ever about their security postures.

INNIO Group, Gföllner Group establish JV, offering power solutions to the U.S. market

INNIO Group and Gföllner Group have established a joint venture in the U.S., IGPS (INNIO Gfoellner Power Systems LLC). The joint venture aims to meet the rapidly rising demand for decentralized, flexible, and quickly deployable energy solutions.

Denso’s Covercoat System sets new standard in corrosion prevention

Denso Inc., a global leader in corrosion prevention and sealing technologies, is highlighting its Covercoat™ System, a comprehensive corrosion prevention solution engineered for steel and concrete columns, support legs, structural steel and a wide range of exposed service pipes and more.

Braskem completes first sale of circular polyethylene in South America

Braskem has completed the sale of circular polyethylene (PE), produced through chemical recycling, to the Copobras Group.

Saudi Arabia, Indonesia sign several deals worth around $27 B

Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around $27 B between private sector institutions in fields including clean energy and petrochemicals, Saudi state news agency SPA reported.

KHIMOD raises €23 MM to accelerate its growth

KHIMOD, a French climate-tech company that specializes in producing low-carbon synthetic molecules and valorizing carbon dioxide (CO₂), has announced a €23-MM funding round.

Hydrocarbon Processing launches AI platform to accelerate decisions in the downstream sector