Petrochemicals
Editorial Comment: Maintenance and inspection pathways/technologies to optimize unit reliability
Unit uptime is one of the most important aspects in refining and petrochemical plant operations. Work stoppages due to any number of causes can be detrimental to profitability; therefore, it is imperative to utilize best practices, technologies, techniques and know-how to ensure processing units operate efficiently and safely.
Business Trends: Global chemicals industry outlook for 2024
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.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry.
KBR's phenol technology selected by SABIC Fujian Petrochemicals
KBR announced it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China.
BASF with solid start to the year: EBITDA before special items in first quarter of 2024 slightly above analysts’ consensus
In 2024, BASF commenced the year strongly, unveiling first-quarter figures coinciding with the Annual Shareholders’ Meeting at the Congress Center Rosengarten in Mannheim, Germany, anticipating a comparable turnout to the previous year of around 5,000 attendees.
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.
Neste premieres at Chinaplas: showcasing possibilities of bio-based and recycled materials for plastics
Together with its partners, Neste, a producer of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals, will be showcasing plastic products made with Neste RE at this year’s Chinaplas in Shanghai from April 22 to 26.
IOCL selects Lummus' cumene technology
Lummus Technology announced IndianOil Corp. Ltd. selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India.
Technip Energies and Anellotech to jointly develop sustainable plastics recycling
Technip Energies and Anellotech, Inc. announced they have signed a global joint development agreement to work cooperatively to further develop and then license Anellotech’s Plas-TCat process, a one-step thermal-catalytic recycling technology that converts mixed plastic wastes back into its constituent basic chemicals, with a specific focus to benzene, toluene, and xylene that can be used to make most virgin plastics.
Neste successfully concludes its first processing run with pyrolysis oil from discarded tires
In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires.
- New $1.5-B natural gas pipeline to provide feedstock to Dow's petrochemicals plant and other industrial facilities 5/8
- Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC 5/8
- Seasonal U.S. fuel demand hits pandemic lows, weighs on refining margins 5/8
- Analysis: Shell's Singapore refinery sale and its market significance 5/8
- bp profit slides by 40% as refinery outage offsets higher output 5/8
- ADNOC signs third long-term Heads of Agreement for Ruwais LNG project 5/8
