Petrochemicals
OCI Global to sell its clean ammonia project in Texas (U.S.) to Woodside Energy for $2.35 B
OCI Global has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1-MMtpy clean ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.
Nippon Shokubai announces Indonesian subsidiary's plan to expand its superabsorbent polymer (SAP) plant
Nippon Shokubai Co., headquartered in Osaka, Japan, has announced that the company decided, at its board meeting held on July 30, 2024, to give approval to an investment plan at PT. NIPPON SHOKUBAI INDONESIA (NSI).
Shard Capital proposes $7-B petrochemical complex in Egypt
Egypt's Ministry of Petroleum and Mineral Resources announced that Shard Capital has proposed constructing a $7-B petrochemical complex in Egypt's New Alamein Industrial Zone.
Indorama Ventures joins the T-REX Project to revolutionize textile recycling
This ambitious initiative aims to establish a harmonized EU blueprint for the closed-loop sorting and recycling of household textile waste to help the fashion industry transition towards a more circular and sustainable future.
Shell beats forecasts with $6.3 B second quarter profit
Shell reported second-quarter profit of $6.3 B, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still beating analysts' forecasts.
Technip Energies awarded proprietary equipment contract by CP Chem for low-CO2 cracking furnace technology
Technip Energies has been awarded an engineering and procurement contract by Chevron Phillips Chemical for the supply of a proprietary low-emission cracking furnace in an existing olefins unit at its facility in Sweeny, Texas (U.S.).
Catalyst safety assessment: Making catalyst and adsorbent startups safer
An unease around potential high temperature and pressures during fresh catalyst and adsorbent startups—which can lead to situations where designed pressures and temperatures are exceeded—led the authors’ company to create the Catalyst Safety Assessment (CSA) methodology.
Why a closed-loop sampling system can help reduce fugitive emissions
The accidental release of emissions can happen at numerous locations throughout refineries and chemical plants.
Drive efficiency and sustainability through process optimization
Business philosophies often stress the importance of continuous improvement to gain sustainable competitive advantages.
Decarbonizing steam crackers: Key technical challenges of transitioning from natural gas to hydrogen
In the petrochemical industry, olefin crackers utilize significant amounts of heat to crack hydrocarbons into essential chemicals, such as olefins and aromatics.
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