Polymers

Synergize FCCUs and hydrocracking processing units to maximize refining margins—Part 2

Part 1 of this article appeared in the February issue. Part 2 here will explore the role of FCC and hydrocracking in crude-to-chemicals and the challenge of cracked feeds, among other topics. 

Ningbo Refining & Chemical awards ECI a technology licensing contract for an EVA/LDPE plant in China

ECI Group announced a contract award from Ningbo Zhenhai Refining & Chemical Company Limited (NZRCC) for a 200,000-tpy EVA/LDPE plant using ECI Group’s proprietary hybrid reactor technology.

INEOS CEO Sir Jim Ratcliffe: Carbon tax and high energy costs are killing off manufacturing in Britain

thyssenkrupp Uhde, Praj Industries Ltd partner to revolutionize polylactic acid production and circular economy

thyssenkrupp Uhde’s polymer specialists Uhde Inventa-Fischer and Praj Industries Limited announced a strategic partnership to jointly offer an end-to-end integrated technology for the production of polylactic acid.

Kuwait Petroleum's stake investment in China Wanhua Chemical's unit valued at $638 MM

Kuwait Petroleum subsidiary's acquisition of a 25% stake in China Wanhua Chemical's petrochemical business is valued at $638 MM

Chemical maker LyondellBasell misses quarterly profit estimates on weak volumes

LyondellBasell on Friday missed Wall Street expectations for quarterly profit, due to maintenance downtime and lower volumes in its largest segment supplying raw materials to the automotive, construction and electronics industries.

Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada

After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada.

Egypt begins basic design phase for Red Sea Petrochemical Complex project in Ain Sokhna

Egypt's Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint venture contractor to implement the basic designs for the first phase of the Red Sea Petrochemical Complex project in Ain Sokhna, Egypt. 

China-U.S. trade war redrawing global LPG trading, outlook

The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.

OQ, Royal Vopak partner to accelerate development of Duqm as an integrated industrial hub

OQ, spearheading the development of Duqm in Oman as a premier integrated hub for hydrocarbons, chemicals, and low-carbon products, and Royal Vopak entered into an exclusive partnership framework agreement in the Special Economic Zone at Duqm (SEZAD). This is a significant step for a strategic alliance that aims to unlock future growth opportunities in industrial and energy terminal infrastructure and sustainable energy transition facilities in SEZAD.