Petrochemicals
BASF breaks ground on methyl glycol plant at Zhanjiang Verbund site in China
BASF has broken ground on a methyl glycols plant at its Verbund site in Zhanjiang, China and is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing demand for brake fluids in the region.
U.S. crude and gasoline stockpiles fall as refining ramps up
U.S. crude oil stockpiles fell unexpectedly last week as exports rose and refiners continued to increase activity, while gasoline inventories decreased more than expected.
Mingca Packaging and ExxonMobil introduce innovative double bubble polyethylene-based shrink film solution
Shantou Mingca Packaging Co Ltd and ExxonMobil Asia Pacific Research & Development Co., Ltd announced an innovative double bubble Polyethylene-based Shrink Film solution, the next generation of Polyolefin Shrink Film, created using ultra-low density Exceed XP performance polyethylene.
Clariant and Lummus awarded catalyst tech contract for new isobutane dehydrogenation plant in China
Clariant and its process partner Lummus Technology have been selected by Huizhou Boeko Materials Co. Ltd., to provide their CATOFIN catalyst and process technology for the dehydrogenation of isobutane at the new plant in Huizhou City, China.
New ASEAN Energy and ACTUAL sign cooperation agreement to develop net-zero plan for the new $5-B Pengerang Energy Complex
New ASEAN Energy and ACTUAL have formed an agreement, leveraging ACTUAL’s AI-driven capital planning technology to develop a comprehensive net-zero emissions strategy for The Pengerang Energy Complex.
Fortescue conducts world's first ammonia bunker trial in Singapore
Fortescue has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime and Port Authority and the Australian mining company said.
Vietnam's Dung Quat refinery: will keep selling products during maintenance period
Vietnam's Binh Son Refining and Petrochemical will continue selling refined petroleum products from its Dung Quat refinery during a 50-day maintenance period at the facility.
LyondellBasell sees strong chemical market in North America, while Europe and China lag
LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.
Report: 80% of Petrochemical Process Engineers Concerned Power Equipment Could Affect Refinery Operations
New reports exploring the European petrochemicals industry has discovered over 80% of its process engineering professionals are concerned their current power equipment could affect refinery operations.
Make SAF, not electricity from household waste, urges boss of UK’s largest airports group
The UK risks missing out on a significant opportunity to reduce its carbon footprint by continuing to incinerate household waste, rather than use it to make SAF, according to a new study released by MAG.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
