Economics
HIF Global and Idemitsu Kosan announce carbon neutral eFuels strategic cooperation
HIF Global, the world’s leading eFuels company, and energy company Idemitsu Kosan today announced a strategic cooperation agreement to accelerate the production of carbon neutral eFuels.
Borouge enters into agreement to expand footprint in East Africa
Borouge Plc, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has entered into a Distribution Agreement with one of the biggest polyolefin distributors in East Africa, Somochem.
Canada's Alberta to contribute to CCUS after Ottawa commitments
Canada's province of Alberta is expected to offer more support for carbon capture utilization and storage projects now that the federal government has its incentives in place.
Exxon says its decarbonization business could outgrow oil, in multi-trillion market
Exxon Mobil Corp's Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now.
Cummins to invest over $1 B to upgrade U.S. facilities to new clean energy tech
Cummins Inc said it would invest more than $1 B across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies.
thyssenkrupp Uhde to cooperate with IDIP on fabrication of new modular plants for green ammonia
thyssenkrupp Uhde and Idesa Industrial Plants S.l.u. have signed a memorandum of understanding to cooperate on developing and fabricating modules for green ammonia projects.
The market for adipic acid is expected to develop at a consistent CAGR of 4.9% per year by 2032
Due to the production of waste nitrous oxide, the current commercial petrochemical process that produces adipic acid from KA oil and is catalyzed by nitric acid seriously pollutes the environment.
Valero's Port Arthur refinery prepares small CDU restart
Valero Energy Corp is preparing to restart the small crude distillation unit at its 335,000 bpd Port Arthur, Texas refinery after completing a planned overhaul.
Biotrend Energy to build the first commercial-scale advanced plastics recycling facility using Honeywell upcycle process technology
Honeywell announced that Biotrend Energy signed equipment supply, production license, and warranty agreements to build Turkey’s first commercialized advanced waste recycling plant using Honeywell UOP UpCycle Process Technology.
Capstone Industrial Training Solutions joins Solaris Management Consultants Inc.
Capstone Industrial Training Solutions is pleased to be joining Solaris Management Consultants Inc. and their group of companies to create a complete turnkey services partnership for the energy industry.
- Aramco signs MoU with Microsoft to help advance industrial AI and digital talent transformation 2/23
- Chandra Asri's chlor alkali-ethylene dichloride project reaches 50% completion 2/23
- Solvay to reduce production at Torrelavega soda ash plant due to market conditions 2/23
- Zeon Corp. holds groundbreaking for new cyclo-olefin polymers plant 2/23
- Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays 2/23
- deugro delivers critical equipment for Technip Energies project in U.S. 2/23
