Petrochemicals
Fire at Kuwait's Mina al-Ahmadi refinery put out
Firefighters managed to put out a fire in one of the bitumen production unit's lines at Kuwait's Mina al-Ahmadi oil refinery, Kuwait National Petroleum Company said in a statement.
Dioxycle raises $17 MM to help develop green ethylene
French-U.S. climate tech start-up Dioxycle said it has raised $17 MM in funding to help develop sustainable ethylene from recycled carbon emissions.
Braskem expands its biopolymer production by 30% following an investment of $87 MM
Braskem concluded a 30% increase in production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil.
Chinese petchem firms betting big on energy transition products
Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batteries to profit from growing demand for energy transition technologies.
Aramco completes $3.4 B purchase of Rongsheng Petrochemical stake
Aramco has successfully closed a landmark transaction to acquire a 10% interest in Rongsheng Petrochemical Co. Ltd. for $3.4 B through its subsidiary Aramco Overseas Company BV, based in the Netherlands.
Corpus Christi plastics plant construction will create up to 2,400 jobs at its peak
The completed Jumbo plastics project will be capable of producing between 1.1 million and 1.3 million metric tons of purified terephthalic acid, and polyethylene terephthalate.
NOVA Chemicals announces company’s first mechanical recycling facility operated by Novolex
NOVA Chemicals Corporation has made a significant expansion of its Circular Solutions business today by announcing an investment into developing its first mechanical recycling facility in Connersville, IN.
Saudi Arabia and Turkey sign petroleum and petchem cooperation MoU
Saudi Arabia and Turkey have signed a memorandum of understanding to cooperate in the production, marketing and distribution of refined petroleum products and in petrochemicals production.
Riyadh, Tokyo to cooperate on energy security, recycled carbon fuels and ammonia
Saudi Arabia said it remains committed to securing oil supplies for Japan and will continue cooperating with Tokyo on clean hydrogen, ammonia and recycled carbon fuels.
ADNOC statement on potential Borouge-Borealis merger
Abu Dhabi National Oil Company P.J.S.C. is excited to confirm that, following initial exploratory discussions, it has entered into formal negotiations with OMV AG, about the potential creation of a new combined petrochemicals holding entity, through the proposed merger of their respective existing shareholdings in Borouge plc and Borealis AG.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
