Petrochemicals
Samsung E&A awarded EPC contract for 1.8-MMtpy TA'ZIZ Methanol project in the UAE
Samsung E&A received a Letter of Award for the engineering, procurement and construction of the 1.8-MMtpy TA'ZIZ Methanol Project. The contract value is $1.7 B, with a contract duration of 44 months.
NH3 Clean Energy completes pre-FEED work for WAH2 clean ammonia project in Australia
NH3 Clean Energy announced that it completed the engineering component of its preliminary-front-end engineering and design for its WAH2 clean ammonia project in Australia.
Kurita America to merge with Avista Technologies
Kurita America, part of the Kurita Group, a leading global provider of water treatment solutions, has announced its pending merger with sister company, Avista Technologies, Inc. This merger will officially take effect on April 1, 2025.
NEXTCHEM (MAIRE) awarded process design package to upgrade urea plant in China
MAIRE has announced that NEXTCHEM, through its subsidiary Stamicarbon, the nitrogen fertilizer technology licensor, has been selected to provide the process design package to upgrade the Hulunbeier New Gold Chemical Co. Ltd.’s urea plant in Hulunbuir (China), leveraging on its proprietary NX STAMI Urea™ technology.
Syensqo and Ardent partner to accelerate point source carbon capture innovation
Syensqo and Ardent have formalized their strategic partnership, building upon more than two years of successful collaboration in advancing carbon capture and olefin-paraffin separation solutions. The partnership includes a licensing agreement and establishes Syensqo as a strategic supply chain partner to Ardent, marking a significant milestone in both companies' commitment to driving innovation in sustainable energy technologies.
IEA comes under pressure from former oil market chief to cut energy transition focus
The International Energy Agency's former oil industry and market chief criticized the agency's focus on the global energy transition in a report released on Wednesday, and said the IEA should concentrate on oil and gas supplies.
Emerson to acquire remaining outstanding shares of AspenTech
Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265/share pursuant to an all-cash tender offer. The transaction values the minority stake being acquired at $7.2 B, and values the total company at a fully diluted market capitalization of $17 B with an enterprise value of $16.8 B.
Repsol to use Enerkem's advanced gasification technology for its Ecoplanta facility in Spain
Located in El Morell, Spain, the Ecoplanta facility will use Enerkem's advanced gasification technology to convert non-recyclable municipal waste into 240,000 tpy of methanol.
Russia's Sibur suspends output at petrochemical plant east of Moscow after drone attack
Russian petrochemicals giant Sibur said on Wednesday it had temporarily suspended production at its plant in the Nizhny Novgorod region due to a Ukrainian drone attack.
LyondellBasell secures wind power to aid circular/low-carbon solutions in Germany
Under the 15-year agreement with European energy firm Vattenfall, LyondellBasell will secure 450 gigawatt-hours annually of offshore wind energy to support its circular and low-carbon solutions in Germany, the company said.
- European Commission unveils plan to drop ICE ban in the EU 12/18
- U.S. EPA expects to finalize biofuel rules in first quarter of 2026 12/18
- German cabinet approves draft biofuels law, food-based ingredient use to continue 12/18
- NextChem opens new plastic upcycling plant in Italy 12/18
- Ineos' Sir Jim Ratcliffe calls on Europe's politicians to take immediate action to protect the European chemical industry 12/18
- MB Energy expands aviation fuel supply to airlines at Copenhagen Airport 12/18
