http://www.hydrocarbonprocessing.com Hydrocarbon Processing Pakistan-China to sign MoU on oil-to-chemicals complex in June http://hydrocarbonprocessing.com/news/2024/05/pakistan-china-to-sign-mou-on-oil-to-chemicals-complex-in-june/ During Prime Minister Shehbaz Sharif's visit to Beijing in June, China and Pakistan are expected to sign a memorandum of understanding (MoU) on a crude-to-petrochemical refinery project. AMETEK Land provides thermal imagers to large ethylene producer http://hydrocarbonprocessing.com/news/2024/05/ametek-land-provides-thermal-imagers-to-large-ethylene-producer/ AMETEK Land has provided a large U.S. ethylene producer with 28 thermal imagers to provide continuous, highly precise, temperature measurements for optimum process control in its four cracking furnaces. BASF expands its biomass balance portfolio for selected chemical intermediates http://hydrocarbonprocessing.com/news/2024/05/basf-expands-its-biomass-balance-portfolio-for-selected-chemical-intermediates/ BASF will expand its biomass balance offering to include BMBCertTM 1,4-butanediol (BDO), tetra-hydrofuran (THF), polytetra¬hydrofuran (PolyTHF®) and 3-(di¬methyl¬amino)pro¬pyl¬amine (DMAPA). INEOS Inovyn launches next-generation recycling pilot plants to strengthen Europe’s PVC recycling http://hydrocarbonprocessing.com/news/2024/05/ineos-inovyn-launches-next-generation-recycling-pilot-plants-to-strengthen-europe-s-pvc-recycling/ INEOS Inovyn launches two new PVC pilot plants at our Jemeppe-sur-Sambre site in Belgium, to accelerate technologies for recycling PVC which are not mechanically recyclable today. MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary http://hydrocarbonprocessing.com/news/2024/05/mol-inaugurated-its-13-b-200-000-tpy-polyol-complex-in-tiszaújváros-hungary/ MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary. Ethylene downcycle puts nearly 25% of capacity at risk of closure http://hydrocarbonprocessing.com/news/2024/05/ethylene-downcycle-puts-nearly-25-of-capacity-at-risk-of-closure/ A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie. GCC industry leaders solidify commitment toward plastic circularity http://hydrocarbonprocessing.com/news/2024/05/gcc-industry-leaders-solidify-commitment-toward-plastic-circularity/ Arabian Gulf industry leaders reaffirmed their commitment to adopting a collaborative approach to develop plastic circularity, invest in Design for Recycling (DfR) and address plastic waste at the 13th annual Gulf Petrochemicals and Chemicals Association (GPCA) Plastics Conference. Iran announces 15 petrochemical projects to expand domestic production to nearly 80 MMtpy http://hydrocarbonprocessing.com/news/2024/05/iran-announces-15-petrochemical-projects-to-expand-domestic-production-to-nearly-80-mmtpy/ Morteza Shahmirzaei, head of the National Petrochemical Co. (NPC), in Iran, announced plans to launch 15 petrochemical projects that will increase the country's domestic production to nearly 80 MMtpy.  NOVA Chemicals launches Canadian Center of Excellence for Plastics Circularity http://hydrocarbonprocessing.com/news/2024/05/nova-chemicals-launches-canadian-center-of-excellence-for-plastics-circularity/ NOVA Chemicals Corporation announced the launch of its Center of Excellence for Plastics Circularity, a hub for knowledge exchange and technology development for the circular economy of plastics. Nextchem, Johnson Matthey partner in waste-to-methanol technology http://hydrocarbonprocessing.com/news/2024/05/nextchem-johnson-matthey-partner-in-waste-to-methanol-technology/ NEXTCHEM’s MyRechemical will provide its proprietary Circular Methanol™ to its partner in Waste-to-Methanol technology -Johnson Matthey for the joint commercialization of the Circular Methanol™ technology package.