Ethylene
BASF and research partners collaborate to optimize mechanical recycling of plastics
BASF has teamed up with Endress+Hauser, TechnoCompound and the Universities of Bayreuth and Jena to study how the mechanical recycling of plastics can be improved. With funding from the German Federal Ministry of Education and Research, the SpecReK project aims to reliably and precisely identify the composition of plastic waste during the recycling process and thus improve the quality of recycled plastics.
Phillips 66 outlines nearly $3-B capital program for 2025
Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
Orlen halts Olefins III project due to ballooning costs
The ORLEN Management Board has decided to halt the Olefins III project after determining that the actual implementation costs would have exceeded the initial estimates by sixfold. The project's cost has ballooned to more than $12 B.
BASF unveils new HDPE brand Easiplas and HDPE construction milestones at Zhanjiang Verbund site
BASF has launched Easiplas, a new brand of high-density polyethylene (HDPE), alongside reaching significant construction milestones at the HDPE plant at the Zhanjiang Verbund site in China
ADNOC launches $80-B low-carbon energy and chemicals investment company
ADNOC announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 B. XRG aims to more than double its asset value over the next decade by capitalizing on demand for low-carbon energy and chemicals.
Dow, Ambipar partner to promote plastics recycling in South America
This partnership aims to create an effective platform for plastic recycling and boost the recycling and waste management system in Brazil.
ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027
ExxonMobil plans to invest more than $200 MM to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas (U.S.), as well as additional investments globally to reach recycling capacity of 1 Blbs/yr by 2027.
Aramco, Rongsheng Petrochemical sign framework agreement for SASREF petrochemicals expansion project
Aramco, Aramco affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical Co. Ltd. (Rongsheng Petrochemical) have signed a Development Framework Agreement in Beijing, China, that paves the way for an expansion project at SASREF in Jubail, Kingdom of Saudi Arabia.
Sinopec, Aramco start building $10-B petchem complex in China's Fujian province
Sinopec Corp and Saudi Aramco have started constructing a $10-B refinery and petrochemical complex in southeast China's Fujian province, marking another big investment in the country's recent wave of petrochemicals expansions.
Samsung E&A-CTCI JV awarded $417-MM EPC contract to build ethylene storage in Qatar
Samsung E&A-CTCI JV was awarded an engineering, procurement and construction contract from Ras Laffan Petrochemicals for the $417-MM, 30,000-t Qatar RLP Ethylene Storage EPC project.
- Ergon to invest $400 MM to expand gasoline production at Vicksburg refinery (U.S.) 4/2
- DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia 4/2
- U.S. EPA's upcoming proposal on biofuel blending mandates to cover two years 4/2
- ExxonMobil to invest more than $100 MM in Baton Rouge upgrade to produce high-purity isopropyl alcohol 4/2
- Stockholm Exergi to begin building one of the world's largest carbon capture projects using CATACARB Enhanced HPC 4/2
- Quaker Houghton completes its acquisition of Dipsol Chemicals and announces its acquisition of Natech 4/2
