Petrochemicals
Taiwan says it will cooperate with further restrictions on Russian energy imports
While Taiwan joined the United States and major Western allies in putting broad sanctions on Russia after it invaded Ukraine in 2022, it did not explicitly ban imports of energy, a major hard currency earner for Russia.
IRPC Rewind: ExxonMobil unveils liquid-phase isomerization advances for paraxylene production
At the IRPC in Houston, Texas, ExxonMobil presented breakthrough results in its liquid-phase isomerization (LPI) process, highlighting energy efficiency, improved yields and strong commercial performance.
Taiyo Oil and Mitsui Chemicals consider collaboration to expand supply of chemically recycled products
The study aims to have Taiyo Oil's Shikoku Operations handle the heavy fraction of pyrolysis oil from plastic waste, which is difficult for Mitsui Chemicals to process with its crackers. Chemically recycled naphtha, propylene and other products based on the mass balance approach will then be supplied to Mitsui Chemicals.
Syensqo pioneers innovative recycling technology for circular sulfone polymers
The new technology builds on Syensqo’s sustainable ECHO sulfone polymers portfolio and relies on proprietary chemical recycling processes to break down formulated polyarylethersulfone (PAES) content in post-industrial production scrap (PIR) and post-consumer parts (PCR) into monomer feedstock for reuse in new polymer products.
Occidental Petroleum in talks to sell OxyChem chemical unit for at least $10 billion
Occidental Petroleum has announced that it is in advanced talks to sell its chemical division, OxyChem, for at least $10 billion.
Chinese refiner Yulong brings second steam cracker online
The refiner now operates two 200,000-bpd crude oil units at the $20-B complex built on a man-made island in the Longkou county of Yantai city.
BASF Intermediates to produce amines at the Geismar site using 100% renewable electricity
BASF’s Intermediates division has announced that its standard grade amine portfolio will soon be produced by 100% renewable electricity credited to the Geismar, Louisiana Verbund site.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
