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Petrochemicals

Aggreko launches industry’s largest heat exchanger and exclusive Hastelloy-c Crossflow Exchanger

Aggreko announced the launch of two new rental heat exchanger fleets, the Large Node Heat Exchanger and the Hastelloy-C Crossflow Heat Exchanger.

Brazil's Acelen to invest $2.44 B in renewable diesel business

Mubadala Capital backed-Acelen will invest $2.44 B over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment.

Technip Energies awarded a contract for Juhua’s Greenfield Chemical Complex in China

Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. for a 1,3-propanediol plant with a capacity of 72 kta and a 150 kta polytrimethylene terephthalate plant in Ningbo, Zhejiang, China.

Vietnam's Binh Son refinery delays maintenance, expects 88% profit fall this year

Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.

Petrochemical firms and Seoul city government partner to recycle plastic waste

The Seoul Metropolitan Government is partnering with domestic petrochemical companies to begin a pilot project for recycling plastic waste materials using thermal pyrolysis technology.

Maire Tecnimont completes the acquisition of the majority stake of Conser, expanding its technology portfolio in bio-degradable plastics

Maire Tecnimont S.p.A. announces that, through its subsidiary NextChem Holding S.p.A., it has finalized the acquisition of an 83.5% stake of Conser, a technology licensor and process engineering design company based in Rome, Italy.

BASF gains ISCC PLUS certification to expand its VALERAS offerings for plastic additives

BASF announced that it has received the International Sustainability and Carbon Certification PLUS for certain grades of plastic additives produced at its manufacturing sites in Switzerland and United States.

Clariant announces grand opening of its new CATOFIN catalyst plant in China

Clariant announced today the grand opening of its new CATOFIN catalyst production site in Jiaxing, Zhejiang Province, China.

Honeywell’s Oleflex unit continues successful operation at Jiangsu Sailboat Petrochemicals Company

Honeywell today announced that the world’s largest High Performance Oleflex unit at Jiangsu Sailboat Petrochemical Co., LTD continues to produce 700,000 metric tons per year of polymer-grade propylene at its Lianyungang City plant in China’s Jiangsu Province.

Sinopec's SBC project with 170,000 TPY production capacity goes into operation

Hainan Baling Chemical New Material Co., Ltd. has launched production of its styrene-butadiene copolymer project in Hainan, China, which will reach an annual production capacity of 170,000 tons.