Petrochemicals
China’s Sinopec Shanghai Petrochemical first half profit slides
The company said the market remains challenging, with strong supply and weak demand, rising penetration of new-energy vehicles squeezing fuel demand, and the chemical sector still at a cyclical low.
Major South Korean petrochemical firms and production
South Korean producers have suffered losses due to oversupply, particularly in China, the biggest petrochemical market, and sluggish demand.
Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility
Lummus Technology announced Vioneo has selected its Novolen® polypropylene (PP) technology for a new grassroots plant in Antwerp, Belgium.
Research: Developing an energy-saving, carbon-capturing method for making ethylene glycol
New electrochemical system cuts waste, slashes emissions, and conserves energy while producing key chemical
Plastic pollution treaty stalled as Geneva talks end without deal
Delegates discussing the world's first legally binding treaty to tackle plastic pollution failed to reach consensus, diplomats said, voicing disappointment and even rage that the 10-day talks produced no deal.
Eni to sale 49.99% share in carbon capture business to GIP
Eni and Global Infrastructure Partners (GIP), a leading global infrastructure investor and a part of BlackRock, signed an agreement related to the sale of a stake of 49.99% in Eni CCUS Holding – a leading global player in the CCUS sector (Carbon Capture, Utilization and Storage).
Digital Exclusive: Monetizing stranded offgases from oil and gas facilities
The objective of this article is to explore various viable solutions to monetize the stranded offgases produced in upstream oil and gas production and processing facilities.
AFPM statement on path ahead for global plastic waste agreement
American Fuel & Petrochemical Manufacturers (AFPM) Vice President of Petrochemicals and Midstream Rob Benedict issued the following statement at the conclusion of the United Nations’ Intergovernmental Negotiating Committee (INC- 5.2).
A refresher on Russia's commodities clout ahead of Trump-Putin talks
Prior to its invasion of Ukraine in 2022, Russia was a leading exporter of crude oil, natural gas, coal, aluminum, nickel, steel, wheat and fertilizers - among other commodities - and the top supplier of energy products to Europe.
China's ethylene capacity to hit 100 million tons by end-2028
China will add 40 million metric tons of ethylene capacity between 2025 and 2028, taking total capacity for the key plastic industry building block to 100 million tons by the end of the period, a Sinopec executive said on Thursday.
- Fluor signs long-term program management consultancy contract with Saudi Aramco 7/7
- ADNOC signs 15-yr SpA with with INPEX for Ruwais LNG project 7/7
- ADNOC, XRG and Mitsui sign SCA to explore growth opportunities across the energy value chain 7/7
- AMETEK Process Instruments introduces explosion proof 993X series of gas analyzers for Zone 1 applications 7/7
- Draeger launches all-in-one single-entry portal for digital applications, services and support 7/7
- Yokogawa awarded main automation contractor for $13-B Commonwealth LNG project (U.S.) 7/7
