Economics
Polymers as carbon storage: Neste, LyondellBasell, Biofibre and Naftex bring bio-based polymers to the construction sector
Neste, LyondellBasell, Biofibre and Naftex have created a value chain to combine bio-based polymers with natural fiber for the manufacturing of construction elements.
Seeq announces partnership with Databricks to accelerate IT-OT data convergence across the enterprise
Seeq Corporation announced a partnership with Databricks that brings a native integration between each company’s platform to simplify access to high quality asset and process data, unify IT and OT data processing and accelerate AI/ML adoption across the industrial manufacturing, pharmaceuticals, chemicals and energy sectors.
Nigeria seeks to restart four state oil refineries by end 2024
Nigeria expects its four oil refineries to be operational by the end of next year, its new oil minister said, with the southern Port Harcourt plant seen starting as early as December.
China's Sinopec plans steady refinery output on fuel recovery
Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the second half of 2023 as domestic fuel demand recovers, after reporting a 20% decline in interim profit because of lower crude oil prices.
EU infrastructure fund eyes African clean jet fuel projects
The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an anticipated boom in demand for environmentally sustainable air travel.
DNV releases guidelines to validate low carbon and renewable hydrogen and ammonia attribute claims
DNV has announced the release of its new service specification, DNV-SE-0654, which delineates DNV's procedures for verifying claims made by companies about the production and distribution of low-carbon hydrogen and ammonia.
Sinopec not interested in acquiring Shell's Singapore assets
Asia's top refiner, Sinopec Corp, is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a shale gas project in Saudi Arabia.
Oil steadies as China moves to support economy, tropical storm in focus
Oil was little changed after China took steps to bolster its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen demand.
Republic Services teams up with polymer recycler Ravago to produce recycled resin
Second biggest U.S. waste disposal company Republic Services teams up with polymer recycler Ravago to produce recycled plastic.
Ethylene copolymers market is anticipated to reach $90 B by 2033
The global market is anticipated to have a steady CAGR of 4.2% during the period from 2023 to 2033. The overall market size is predicted to expand from $59.4 B in 2023 to $89.6 B by 2033.
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
- Rohm awards NextChem feasibility study for PMMA-polymer chemical recycling plant project 12/16
- Westlake to rationalize certain North American chlorovinyl and styrene assets 12/16
- CMB.TECH invests in Chinese ammonia supply 12/16
- Petrovietnam, BASF cooperate in developing green methanol, pioneering the energy transition 12/16
