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Ethylene

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

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.

New $1.5-B natural gas pipeline to provide feedstock to Dow's petrochemicals plant and other industrial facilities

Canadian utilities CU.TO said is developing a $1.5-B natural gas pipeline project in Alberta to transport natural gas to Dow's petrochemicals plant and other industrial facilities.

Clariant introduces new solutions to reduce the environmental impact of plastics

Clariant is launching AddWorks PPA, a perfluoralkyl substances-free polymer processing aid product line, and AddWorks PKG 158, a highly efficient antioxidant solution with outstanding color protection, especially designed for polyolefins containing recycled material

Haldia Petrochemicals awards ethylene plant digitalization contract to Lummus

Lummus Technology has been awarded a contract by Haldia Petrochemicals Ltd. for digitalization services at HPL's ethylene plant in West Bengal, India.

INEOS completes purchase of LyondellBasell's EO&D facility in Bayport, Texas (U.S.)

INEOS Oxide and LyondellBasell completed the sale of LyondellBasell’s ethylene oxide and derivatives (EO&D) business and associated production facilities located in Bayport, Texas to INEOS.

Borouge increases Q1 net profit nearly 40% to $273 MM

Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.

Enhance ethylene cracker radiant tube integrity through innovative robotic inspection

CastNewX Technology Co. Ltd.: Zhang, M.

The ethylene cracker plays a crucial role in the petrochemical industry, producing more than 200 MMtpy of ethylene globally, which is the major building block for plastics, synthetic rubber, lubricants and various chemicals.

Business Trends: Global chemicals industry outlook for 2024

Deloitte: Yankovitz, D.  |  Hardin, K.  |  Kumpf, R.  |  Christian, A.

After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.

SINOPEC completes its involvement in Kazakhstan's polyethylene project

Prime Minister Olzhas Bektenov of the Republic of Kazakhstan convened a meeting with key leaders from major oil and gas chemical companies focusing on the establishment of an integrated gas chemical complex dedicated to polyethylene production.