INEOS and SINOPEC signed three back-to-back deals worth a combined value of $7 B. These landmark agreements are expected to generate a combined turnover of around $10 B from 7 MMt of capacity.
LyondellBasell, one of the largest plastic and chemical companies in the world, has recently joined the initiative that brings more than 40 major industry players together.
Several major impactful events took place in the global oil and gas and petrochemical industries in the 1980s.
Hydroprocessing (hydrotreating and hydrocracking) units are high-pressure, high-temperature units that have multiple reactors, multiple beds per reactor and specialized metallurgy.
As resources become scarcer, and as costs continue to rise, companies are looking for new methods to reduce their material feedstock costs and remain competitive.
Many large industrial facilities—including refineries, and chemical and petrochemical plants—are increasingly turning to co-generation for process steam and power production.
The Thermo Scientific Delta Q isotope ratio mass spectrometer (IRMS) is a next-generation gas IRMS designed to enable detailed analysis with greater precision and accuracy.
Flaring is the controlled burning of hydrocarbons at oil refineries, gas processing plants and petrochemical plants.
Liquid-ring compressors (FIG. 1) use the centrifugal whirling of a sealing liquid to create a series of piston-like water columns to trap gas or vapor between the impeller cells of a rotor installed eccentric to its casing.
In 1H 2022, new capital projects have declined 19% vs. 1H 2021.