Olefins
ECI Group's technology selected for world's first commercial-scale, fossil-free LDPE facility
Vioneo has awarded a major contract to ECI Group. The project will deliver the world’s first low-density polyethylene (LDPE) plant to operate using an entirely fossil-free feedstock.
South Korea petrochemical overhaul likely to shut small, stand-alone naphtha crackers
Small and stand-alone naphtha crackers are likely to shut while some plants could merge as part of an overhaul of South Korea's oversupplied petrochemical sector, which will cut naphtha demand at the world's largest importer of the fuel.
CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China
China National Offshore Oil Corp has completed building a $2.9-B, 1.8-MMtpy integrated refining and petrochemical complex in eastern China
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.
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
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
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
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
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
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 up
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
