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Polymers

Egypt signs framework agreement to build $7-B petrochemical complex in New Alamein City

The Egyptian Ministry of Petroleum and Mineral Resources signed a framework agreement with the UK-based Shard Capital for the development of a $7-B petrochemical complex in New Alamein City, Egypt. The project will be developed in collaboration with Saudi Arabia's Al-Qahtani Group. 

ONGC (India) seeks partners for ethane feedstock for OPaL's ethane cracker

ONGC Petro additions Ltd (OPaL), a unit of ONGC, plans to source 800,000 tpy of ethane to secure feedstock for the plant from May 2028.

S-Oil's $7-B Shaheen petrochemical complex is on track for 1H 2026 start

S-Oil's $7-B Shaheen petrochemical project in Ulsan, South Korea, is progressing and is expected to be completed by the first half of 2026.

India to remain bright spot for petchem demand in 2025

India will be a bright spot for petrochemical demand in 2025 even as global consumption lags supply, industry executives said on the sidelines of India Energy Week conference.

Lummus announces first commercial award for SAP technology

Lummus Technology, a global leader in process technologies and value-driven energy solutions, announced an award from SHCCIG Yulin Chemical Co., Ltd., a subsidiary of the SHCCIG Group, for its superabsorbent polymer technology.

Kraton receives third ISCC PLUS certification for renewable polymers

Kraton Corp. and Formosa Petrochemical Corp. have announced the ISCC PLUS certification of their HSBC joint venture plant in Mailiao, Taiwan.

BASF introduces first superabsorbent polymer with product carbon footprint of zero

BASF now offers HySorb® B 6610 ZeroPCF, the first polyacrylate-based superabsorbent polymer marketed with a product carbon footprint of zero for the hygiene industry. The zero PCF is achieved by utilizing renewable energy in addition to the established biomass balance approach in the production process at the Antwerp Verbund site.

South Korean petrochemical firms' profits fall in 2024 as oversupply persists

South Korean petrochemical companies LG Chem and Lotte Chemical both suffered losses in 2024, dragged down by oversupply which is set to persist this year, while trade turmoil has dampened the global economic outlook

Digital Exclusive: Executive viewpoint-Recycled plastic used in roads as Aramco adopts the circular economy

This article details how Aramco is using recycled plastic waste in the construction of new highways and the program aims to reduce emissions and costs, while improving the quality of road infrastructure by utilizing circularity principles   

Borouge achieved a 24% increase in net profit in 2024, reaching $1.24 B

Borouge achieved a 24% year-on-year increase in net profit to $1.24 billion, driven by record production and sales volumes.