Petrochemicals
Energy tech firm Lummus confidentially files for U.S. IPO amid Trump's domestic push
Energy solutions company Lummus Technology said on Monday it has confidentially filed for an initial public offering in the United States amid President Donald Trump's broader strategy to enhance domestic energy production.
How leading refineries achieve operational excellence
Although cost cutting provides short-term financial benefits, it does not improve anything operationally in a plant. The reality is that most companies have already pushed such programs to their practical limits. So, what is left? The alternative approach is improving performance through operational excellence. This article will unpack this approach with examples of how producers have benefitted from it.
Solidec raises oversubscribed $2-MM pre-seed round to reinvent chemical manufacturing
Solidec's breakthrough approach to chemical manufacturing replaces centralized infrastructure with modular, efficient onsite production using only air, water, and electricity.
China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery
China's Shandong Yulong Petrochemical plans to invest $117.86 billion yuan ($16.42 billion) to produce chemicals at its refinery complex in Yantai, according to a government notice detailing the provisional plan.
Johnson Matthey’s tech enables successful start-up of the world’s largest single-train methanol plant
Johnson Matthey announced that the three methanol production trains of Inner Mongolia Baofeng Coal-based New Materials Co., Ltd., a wholly owned subsidiary of Ningxia Baofeng Energy Group, were successfully commissioned in November 2024, February 2025 and March 2025, respectively.
India's top gas importer Petronet seeks loan to expand petchem plant
The company is building a petrochemical plant in India's western state of Gujarat at the cost of 206.85 B rupees.
New catalyst breakthrough could make clean ammonia easier to produce
A new study offers a more efficient, greener method for making ammonia using only nitrogen from the air and water, with help from electricity.
PetroChina makes FID for new northeast refinery complex
The new complex comprises a 200,000-bpd crude oil refinery, a 1.4-metric MMtpy ethylene complex as well as a variety of downstream petrochemical units such as polyethylene, polypropylene and polyolefin elastomer.
Orlen's Unipetrol will start commissioning ethylene unit after power outage experienced earlier in July
The company expects full resumption of operations in the petrochemical part of the complex and simultaneous increase of production in the refinery section to standard levels by the beginning of next week.
Dow forecasts sales below estimates, slashes dividend as downturn takes a toll
Dow halved its dividend and forecast third-quarter revenue below analysts' expectations as the chemicals maker navigates a prolonged downturn in the industry, sending its shares down nearly 10% in premarket trading.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
