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Petrochemicals

MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary

MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary.

Itochu to buy green ammonia from HIVE's $5.9-B Coega facility

A division of Hive Energy Ltd. announced that a consortium led by Japanese trading giant Itochu Corp. is on the verge of finalizing an agreement to purchase environmentally friendly ammonia from a project located in South Africa.

Nextchem completes acquisition of GasConTec, adding new low-carbon hydrogen/methanol to portfolio

Nextchem completed the acquisition of GasConTec, which will add new low-carbon hydrogen/methanol technologies to the company's portfolio.

FertigHy selects Northern France for first low-carbon fertilizer plant

FertigHy, a pan-European producer of low-carbon, nitrogen-based fertilizer for the agricultural sector, will build its first factory in the Hauts-de-France region in Northern France.

SunGas Renewables, C2X partner to expand green methanol production capacity in North America

SunGas Renewables Inc. and C2X LLC announced a strategic partnership with the aim to develop, own and operate multiple green methanol production facilities in North America to increase the supply of sustainable fuels and advance global decarbonization of hard to abate industries. 

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

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.

ADNOC delivers first bulk shipment of CCS-enabled, low-carbon ammonia to Japan

ADNOC has delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage to Mitsui & Co., Ltd. for use in clean-power generation in Japan.

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.