Petrochemicals
India to remain bright spot for petchem demand in 2025
India will be a bright spot for petrochemical demand in 2025 even as global consumption lags supply, industry executives said on the sidelines of India Energy Week conference.
Oil refiners adding renewable feedstock to produce cleaner fuels
Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global demand for cleaner fuels.
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
Lummus announces first commercial award for SAP technology
Lummus Technology, a global leader in process technologies and value-driven energy solutions, announced an award from SHCCIG Yulin Chemical Co., Ltd., a subsidiary of the SHCCIG Group, for its superabsorbent polymer technology.
NH3 Clean Energy, Pilbara Ports sign a MoU on ammonia shipment for WAH2 Project (Australia)
NH3 Clean Energy Limited signed a Memorandum of Understanding with The Pilbara Ports Authority, exploring the options for the loading and export of 600,000 tpy of clean ammonia from the company’s WAH2 Project.
Yokogawa enhances IT/OT integration with new release of OpreX Collaborative Information Server
Yokogawa Electric Corporation announced the release of the latest version of OpreX™ Collaborative Information Server (CI Server), with enhancements that streamline application assembly and improve external connectivity.
Kraton receives third ISCC PLUS certification for renewable polymers
Kraton Corp. and Formosa Petrochemical Corp. have announced the ISCC PLUS certification of their HSBC joint venture plant in Mailiao, Taiwan.
BASF introduces first superabsorbent polymer with product carbon footprint of zero
BASF now offers HySorb® B 6610 ZeroPCF, the first polyacrylate-based superabsorbent polymer marketed with a product carbon footprint of zero for the hygiene industry. The zero PCF is achieved by utilizing renewable energy in addition to the established biomass balance approach in the production process at the Antwerp Verbund site.
South Korean petrochemical firms' profits fall in 2024 as oversupply persists
South Korean petrochemical companies LG Chem and Lotte Chemical both suffered losses in 2024, dragged down by oversupply which is set to persist this year, while trade turmoil has dampened the global economic outlook
Polyplastics to launch 40% glass-filled recycled grade of DURAFIDE (R) PPS
Polyplastics Co. Ltd., a global leader in engineering plastics, has announced plans to launch a 40% glass-reinforced grade of DURAFIDE (R) rG-PPS by December 2025 as part of its mechanical recycling business.
- 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
