Polymers
Borouge increases Q1 net profit nearly 40% to $273 MM
Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.
Enhance ethylene cracker radiant tube integrity through innovative robotic inspection
The ethylene cracker plays a crucial role in the petrochemical industry, producing more than 200 MMtpy of ethylene globally, which is the major building block for plastics, synthetic rubber, lubricants and various chemicals.
Business Trends: Global chemicals industry outlook for 2024
After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry.
IOCL selects Lummus' cumene technology
Lummus Technology announced IndianOil Corp. Ltd. selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India.
NextChem advances plastic upcycling with NX Replast technology, boosting the circular economy
NextChem Tech has acquired an additional 34% stake in both MyReplast Industries S.r.l. and MyReplast S.r.l. from an existing stakeholder.
An innovative process for simultaneously producing high-purity benzene and U.S.-grade gasoline from FCC C6 heartcut
Mobile Source Air Toxics (MSAT) II regulations restrict the average benzene level in gasoline sold in the U.S. to 0.62 vol%. In India and in several other countries, benzene in gasoline is presently restricted to 1 vol%. Fluid catalytic cracking (FCC) gasoline contributes to nearly 10%–20% of the gasoline pool in a typical refinery.
Pellet handling system for polyolefin plants: Are you specifying it correctly?
Product pellets produced in polyolefin plants—such as polyethylene (PE) or polypropylene (PP)—require transportation from the unit to the end users that process these pellets to manufacture different end-use plastic products.
Executive Viewpoint: FCC propylene production, catalysts technologies and new solutions
Welcome to <i>Hydrocarbon Processing’s</i> new Executive Series. In this enhanced video platform, the editors speak with the operators and technology leaders and suppliers that are optimizing the global hydrocarbon processing industry (HPI).
Business Trends: A 2024 and beyond outlook for the GCC chemical industry
The global chemical industry faced a challenging year in 2023. Various factors contributed to sluggish demand growth for chemicals globally, including the European recession, U.S. inflation and a lower-than-expected chemical demand rebound in China. These factors resulted in global chemical market growth of < 1% in 2023, with many producers experiencing lower output.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
