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Petrochemicals

LyondellBasell beats Q4 profit estimates as lower ethane costs benefit

LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.

Stamicarbon secures contracts for ultra-low energy urea plant in China

Jiangsu Huachang Chemical Company awards to Stamicarbon, the nitrogen technology licensor of the MAIRE engineering group, licensing and equipment supply contracts for a urea melt plant in China.

Iran's oil minister traveling to Venezuela for talks on refining, petrochemicals

The ministers plans to discuss joint refining, engineering and petrochemical projects, including the overhaul of Venezuela's refineries

NextChem awarded licensing and equipment supply based on its proprietary technology for an ultra-low energy urea melt plant by Jiangsu Huachang Chemical Co.in China

Maire announces that NextChem, through its nitrogen technology licensor Stamicarbon, has been awarded licensing and equipment supply contracts for a urea melt plant in China by Jiangsu Huachang Chemical Co.

Chevron Lummus Global and Hongrun Petrochemical commission all-hydroprocessing white oil unit

Chevron Lummus Global LLC announced the successful commissioning of the world's largest white oil hydroprocessing unit for Hongrun Petrochemical Co., Ltd. in Weifang, Shandong Province, China.

Sonichem launches project to transform the automotive industry with bio-based plastics

A consortium led by sustainable technology innovator Sonichem has been granted nearly $760,000 in funding from Innovate UK’s 'Resource efficiency for materials and manufacturing'  program.

POET's U.S. Midwest ethanol plants to join Summit Carbon pipeline project

POET LLC, the world's largest ethanol producer, said it will partner with Summit Carbon Solutions to capture carbon dioxide emissions at 17 of POET's U.S. Midwest ethanol plants as part of Summit's multi-state pipeline project.

Borouge 4 construction surpasses 50% completion milestone

Borouge announced that the Borouge 4 project, one of the largest industrial projects underway in the UAE, is over 50% complete.

Neste and PVG partner to enable households in Europe to heat their homes with a lower-emission heating kerosene

Neste is offering a new co-processed odorless heating kerosene as a lower-emission solution for portable liquid fuel heaters.

LanzaJet celebrates grand opening of Freedom Pines Fuels Plant, the world’s first ethanol to SAF production facility

LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world’s first ethanol to SAF production facility.