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Petrochemicals

Valmet announces upgrade to D3 distributed control system

Using Valmet’s D3 distributed control system (DCS) automation platform, industrial processors can now integrate numerous reliability and performance enhancements in the first significant update following its acquisition from NovaTech Automation last year.

Singapore offers carbon tax rebates for refiners near term

Singapore is offering refiners and petrochemical companies rebates of up to 76% for its planned carbon tax for 2024 and 2025 to help them ease cost stress and remain competitive versus rivals elsewhere.

Thailand BOI approves $1.5-B investment in biochemicals, data centers, power plants, hospital

The Thailand Board of Investment (BOI) has approved the investment promotion applications of eight large projects worth a combined 56.95 B baht ($1.54 B), including a bio-ethylene plant project by the local joint venture of Brazil’s Braskem, as well as data centers, power plants, and a major new hospital.

Solugen secures conditional commitment for $214-MM loan guarantee, bolstering U.S. leadership in green manufacturing, domestic chemical production

Solugen has secured a conditional commitment for a $213.6-MM loan guarantee from the U.S. Department of Energy (DOE) Loan Programs Office (LPO). This financing will support the construction of the Bioforge Marshall facility in Southwest Minnesota, reinforcing the U.S. as a pioneer in sustainable chemical manufacturing.

Transform Materials and Johnson Matthey collaborate to enable lower carbon and mercury-free alternative routes for PVC manufacturing

Scientists and engineers at Transform Materials and Johnson Matthey are applying their combined expertise with the aim of revolutionizing VCM production through a novel, lower-carbon-emission, mercury-free process.

Huntsman inaugurates new innovation center in Belgium

Huntsman Corp. has opened a new innovation center in Tienen, Belgium, strengthening its research and development (R&D) capabilities and reinforcing its commitment to its customers in the region.

Nuberg EPC wins hydrogen peroxide plant for PT Sulfindo Adiusaha, Indonesia

Nuberg EPC, a leading global engineering, procurement and construction (EPC) company specializing in the chemical industry, has announced a collaboration with PT Hidrogen Peroxida Indonesia on a landmark project in Jakarta.

Toxic gas in Louisiana (U.S.) air far exceeds safe EPA levels

The toxic gas ethylene oxide (EtO) is detectable in southeastern Louisiana at levels a thousand times higher than what is considered safe.

Avient announces Asia manufacturing and availability of Cesa non-PFAS process aid

Avient Corporation, a premier provider of specialized and sustainable materials solutions and services, is expanding the recent launch of its Cesa™ Non-PFAS Process Aid to Asia.

Technip Energies and Mitsubishi announce licensing of improved OXO alcohol technology

Technip Energies and Mitsubishi Chemical Corporation (Mitsubishi Chemical), a member of the Mitsubishi Chemical Group, announced that they are licensing an improved OXO alcohol technology, named OXO M-Process.