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Petrochemicals

Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023

Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.

Borouge signs $44-MM supply agreement with NAFFCO

Borouge Plc announced the signing of a $44-MM agreement with NAFFCO to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative and sustainable polyethylene materials.

Rockets crash into Iran’s Chabahar petrochemical complex during military exercise

Iranian Revolutionary Guards launched rockets that malfunctioned and crashed into a petrochemical plant in Chabahar, southeast Iran during the Great Prophet 18 war games.

Lummus strengthens position in circular economy

Lummus Technology announced a major investment in Resynergi, a pioneering leader in plastic recycling technology, to scale production of Resynergi's modular Continuous Microwave Assisted Pyrolysis technology.

8 Rivers announces Cormorant Clean Energy Project, the first commercial deployment of 8RH2 ultra-low carbon hydrogen technology

The ultra-low-carbon ammonia production facility located in Port Arthur, Texas will produce an estimated 880,000 tons of ammonia per year and accelerate decarbonization of transportation, industrial processes, and agriculture across the Gulf Coast region.

Brazil's Cape Igarassu chlor-alkali plant is greener with thyssenkrupp nucera's BM2.7 technology

Cape Igarassu, a company managed by Chlorum Solutions, is converting its chlor-alkali plant in Igarassu in the Brazilian metropolitan region of Recife to a more environmentally friendly and safe solution for the supply of chlorine and its derivatives.

KBR green ammonia technology selected by Lotte Chemical Corporation for H2biscus Project in Malaysia

KBR announced that its K-GreeN technology has been selected by a consortium consisting of Lotte Chemical, Korea National Oil Corp and Samsung Engineering for Lotte Chemical's H2biscus green ammonia project development in Sarawak, Malaysia.

India's fuel demand hits seven-month high in December

India's fuel consumption rose to a seven-month high in December to about 20.054 MMt, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.

AGI Group acquires Chemtrix B.V. to expand into the large-scale flow chemistry market

AGI Group is excited to announce the successful acquisition of Chemtrix B.V. effective from 29th December 2023.

Maersk partners with Yokohama City and Mitsubishi Gas Chemical to develop green methanol bunkering infrastructure

This collaborative agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered since 2024.