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Hydrocarbon ProcessingSouth Korea to announce plan to restructure petrochemical sector facing 'grave' situation
http://admin.hydrocarbonprocessing.com/news/2025/08/south-korea-to-announce-plan-to-restructure-petrochemical-sector-facing-grave-situation/
South Korea's government will announce a plan this month to restructure the country's petrochemical sector, which is in a "grave" situation, Industry Minister Kim Jung-kwan said.Dow forecasts sales below estimates, slashes dividend as downturn takes a toll
http://admin.hydrocarbonprocessing.com/news/2025/07/dow-forecasts-sales-below-estimates-slashes-dividend-as-downturn-takes-a-toll/
Dow halved its dividend and forecast third-quarter revenue below analysts' expectations as the chemicals maker navigates a prolonged downturn in the industry, sending its shares down nearly 10% in premarket trading.German chemical lobby VCI sees no sector recovery before 2026
http://admin.hydrocarbonprocessing.com/news/2025/07/german-chemical-lobby-vci-sees-no-sector-recovery-before-2026/
Germany's chemical industry lobby VCI does not expect a sector upswing before 2026, even though the rapid downtrend the chemical-pharmaceutical industry has seen in recent years seems to be over.deugro completes another equipment shipment for INEOS' Project One project in Belgium
http://admin.hydrocarbonprocessing.com/news/2025/07/deugro-completes-another-equipment-shipment-for-ineos-project-one-project-in-belgium/
As part of its ongoing deliveries for INEOS Project One—one of the most energy-efficient and raw-material-efficient olefin complexes in Europe— deugro successfully completed yet another shipment from the UAE and Oman to the Port of Antwerp, Belgium.LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China
http://admin.hydrocarbonprocessing.com/news/2025/06/lyondellbasells-polyolefin-technologies-selected-by-shccig-yulin-for-petrochemicals-complex-in-china/
LyondellBasell announced that SHCCIG Yulin Chemical Co., Ltd. will license four key technologies for a major new petrochemical complex in Yulin City, Shaanxi Province, China. Germany's VCI says chemical sector sales grew 1.8% in Q1 of this year
http://admin.hydrocarbonprocessing.com/news/2025/05/germanys-vci-says-chemical-sector-sales-grew-18-in-q1-of-this-year/
Quarterly sales in Germany's chemical industry grew 1.8% from last year, helped by higher demand and pull-forward effects from U.S. customers stocking upDow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada
http://admin.hydrocarbonprocessing.com/news/2025/04/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.Indian Oil Corp to build $7.1-B dual-feed cracker in Odisha state
http://admin.hydrocarbonprocessing.com/news/2025/04/indian-oil-corp-to-build-71-b-dual-feed-cracker-in-odisha-state/
Indian Oil Corp will build a $7.1-B, 1.5-MMtpy dual-feed naphtha cracker near its Paradip refinery in Eastern Odisha state,
Lummus completes successful startup of electric heater demonstration unit
http://admin.hydrocarbonprocessing.com/news/2025/04/lummus-completes-successful-startup-of-electric-heater-demonstration-unit/
Lummus Technology announced the successful startup of its SRT-e™ commercial demonstration unit. The milestone validates the heating system components and controls at a commercial scale. Scaling pyrolysis: A critical step toward plastic circularity
http://admin.hydrocarbonprocessing.com/magazine/2025/march-2025/trends-and-resources/scaling-pyrolysis-a-critical-step-toward-plastic-circularity/
Pyrolysis has potential to process hard-to-recycle plastics and expand the scope of recycling, but scaling up pyrolysis to meet global demand remains a significant challenge. From technical optimization to creating market confidence, addressing these barriers is essential if pyrolysis is to reduce plastic pollution and advance circularity.