Petrochemicals
BASF starts up its expanded ammonium chloride plant in Ludwigshafen
BASF has expanded the production of ammonium chloride at its Ludwigshafen, Germany site, increasing capacity by 50% and improving product quality.
Gentari to supply large-scale, carbon-free energy to AMG Ammonia's new green ammonia facility
Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia's upcoming green ammonia facilities, under a long-term Power Purchase Agreement.
Russian petrochemicals giant Sibur plans IPO in coming months
Russian petrochemicals giant Sibur plans to list about 2% of its shares in an initial public offering on Russia's Eastern Exchange in the coming months. Russian listings have been thin on the ground since the exodus of Western capital after Moscow sent troops into Ukraine in February 2022, but a handful of small capital raises dominated by local retail investors has breathed some life into moribund equity capital markets.
Asahi Kasei technology licensee begins production of high-purity carbonates using CO2
Jiangsu Sailboat Petrochemical (Sailboat) has begun commercial operation of a new carbonates plant in Lianyungang, Jiangsu Province, China.
Ebara Elliott Energy awarded key contracts for SATORP’S AMIRAL petrochemical complex
Ebara Elliott Energy (EEE) has been selected to supply advanced equipment for SATORP’s Strategic Expansion (AMIRAL) petrochemical complex, located in Jubail on Saudi Arabia’s eastern coast.
Obrist Group: Methanol is the ideal fossil fuel replacement for key industries
Methanol is the ideal replacement for fossil fuels in numerous key industries. This conclusion was reached by the engineering and consulting firm ILF Consulting Engineers, the patent and law firm ETL-IP, and the auditing company BDO in a joint due diligence of the German-Austrian industrial group Obrist Group.
Topsoe to provide technology for 40,000-tpy e-Methanol project in Galicia, Spain
Topsoe to provide e-Methanol synthesis technology and engineering support for the 40,000-tpy e-Methanol Forestal del Atlántico’s Triskelion project in Galicia, Spain.
SwitcH2, CorPower Ocean partner on wave-powered green ammonia
SwitcH2 is partnering with CorPower Ocean to deliver a unique industrial scale floating green ammonia production facility partially powered by wave energy. SwitcH2’s NH3-FPSO unit involves the use of a new built vessel, nearly the size of a VLCC (Very Large Crude Carrier), to support a 300-MW electrolysis plant on deck. The final output is green ammonia
INEOS Enterprises to sell Composites business to KPS Capital Partners for €1.7 B
INEOS Enterprises has entered into an agreement for the sale of the INEOS Composites business to KPS Capital Partners, LP for an estimated consideration of €1.7 B at completion. INEOS Composites is a leading global manufacturer of unsaturated polyester resins, vinyl ester resins and gelcoats used in the production of plastic composites for a wide range of applications across large global end-markets.
MHI Compressor delivers critical turbomachinery for Texas ethane cracker
Mitsubishi Heavy Industries Compressor International Corporation (MCO-I), a leader in the design and manufacturing of compressors, steam turbines and associated auxiliaries, has successfully manufactured, tested and shipped steam turbine-driven compressor packages to Golden Triangle Polymers Co., a Chevron Phillips Chemical Co. (CPChem) and QatarEnergy joint venture, for its world-scale 2.08-MMtpy ethane cracker located in Orange County, Texas.
- 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
