http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://admin.hydrocarbonprocessing.com/news/2024/11/exxonmobil-plans-1-blbsyr-of-advanced-recycling-by-2027/ ExxonMobil plans to invest more than $200 MM to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas (U.S.), as well as additional investments globally to reach recycling capacity of 1 Blbs/yr by 2027. http://admin.hydrocarbonprocessing.com/news/2024/11/sinopec-aramco-start-building-10-b-petchem-complex-in-chinas-fujian-province/ Sinopec Corp and Saudi Aramco have started constructing a $10-B refinery and petrochemical complex in southeast China's Fujian province, marking another big investment in the country's recent wave of petrochemicals expansions. http://admin.hydrocarbonprocessing.com/news/2024/11/sinopec-starts-up-12-mmtpy-ethylene-complex-in-north-chinas-tianjin/ The new 1.2-MMtpy ethylene complex in northern China, part of China's recent additions of large-scale petrochemical plants, is designed to provide 4 MMtpy of high-end chemical products and fine chemical feedstocks. http://admin.hydrocarbonprocessing.com/news/2024/11/digital-exclusive-us-flip-flop-jeopardizes-global-treaty-to-end-plastic-pollution/ Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries to take their own path to tackle plastics pollution, and instead, wants universal plastic production caps and the banning of certain chemicals. Mr. Benedict details why this approach will only hurt the global objective to end plastic pollution. http://admin.hydrocarbonprocessing.com/news/2024/11/polish-oil-refiner-orlen-may-suspend-or-cancel-olefins-project/ Polish oil refiner Orlen will not continue with its olefins petrochemical project in its current form and will decide by December between "optimizing," suspending or terminating the investment. http://admin.hydrocarbonprocessing.com/news/2024/11/us-exports-of-ethane-and-ethane-based-petrochemicals-rose-135-from-2014-to-2023/ U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 MMt in 2023, up 135% since the U.S. began exporting ethane in 2014 and 17% more than in 2022, according to data from the U.S. Census Bureau. http://admin.hydrocarbonprocessing.com/news/2024/10-1/neste-braskem-partner-on-supply-of-renewable-and-recycled-feedstocks-for-polymers-and-chemicals-production/ Braskem will use more sustainable feedstocks from Neste to produce circular and bio-circular polymer resins and chemicals, which will be sold in South America under Braskem’s Wenew brand. http://admin.hydrocarbonprocessing.com/news/2024/10-1/axens-ifpen-and-jeplan-launch-commercial-licensing-of-the-rewind-pet-process/ The project partners launched the commercialization (licensing) of the Rewind® PET process, enabling the further acceleration of the energy transition and the circular economy of plastics. Axens teams will now be able to market a complete Rewind® PET license package to their customers all over the world. http://admin.hydrocarbonprocessing.com/news/2024/10-1/india-eyes-87-b-investment-in-petrochemicals-sector-over-next-decade/ India is expected to receive investments worth $87 B in the next decade to meet the nation's rising demand for petrochemicals, the country's oil minister Hardeep Singh Puri said. http://admin.hydrocarbonprocessing.com/news/2024/10-1/neste-strengthens-chemical-recycling-logistics-infrastructure-in-europe-with-tepsa-netherlands/ Neste enhances its chemical recycling capabilities by collaborating with Tepsa Netherlands on the storage and handling of liquefied waste plastic in Rotterdam, the Netherlands.