Petrochemicals
Bharat Petroleum Corp. Ltd. selects multiple Lummus Technology for Bina expansion project in India
BPCL has selected Lummus Technology to provide multiple technologies for the Bina Petrochemicals and Refinery Expansion project in Bina, Madhya Pradesh State, India. Once complete, the facility will produce 1.2 MMtpy of ethylene and 550,000 tpy of propylene.
AFPM recognizes BrandSafway refinery, petrochemical plant site teams with 44 awards
The American Fuel & Petrochemical Manufacturers (AFPM) Association has recognized 44 BrandSafway refinery and petrochemical plant site teams with Contractor Safety Achievement Awards, based on their safety performance in 2023.
Honeywell UOP and Repsol to collaborate on renewable fuel development
The companies plan to scale and commercialize Honeywell's technologies, which use various wastes like fats, oils, greases, biomass and solids for chemical production and renewable fuels at Repsol’s refineries.
Global petrochemical firms shape up in oversupply crisis
Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for three consecutive years, forcing firms to consolidate.
Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem
Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical JV Petro Rabigh for $702 MM, as part of a turnaround plan for the loss-making venture. Under the deal, Aramco and Sumitomo Chemical will each provide $702 MM in funding to Petro Rabigh and waive loans worth a total $1.5 B.
BASF switches their portfolio to bio-based ethyl acrylate
BASF announced the biotransformation of their (Meth)acrylate portfolio, switching the production to bio-based ethyl acrylate starting Q4 2024.
Digital Feature: Minimizing the cost of corrosion: Budgeting for industrial asset preservation
Advanced budgeting for corrosion protection is critical to industrial facility management. Since the urgency of the matter is often not realized until a failure or accident occurs, the article provides several tips to help maintenance, purchasing or corporate teams start budgeting for preservation before an emergency happens.
Clariant’s EnviCat Green series catalyst chosen for major green ammonia project in China
The catalyst will be used to remove trace oxygen from green hydrogen produced at the facility, before conversion into green ammonia.
U.S. DOE awards $41 MM for renewables-to-liquids/chemicals projects
The U.S. Department of Energy announced $41 MM for 14 projects to develop technologies, renewables-to-liquids, for harnessing renewable energy to produce liquids for sustainable fuels or chemicals.
Mitsubishi Heavy Industries, Taiwan Fertilizer sign MoU to study a fuel ammonia value chain in Taiwan
Mitsubishi Heavy Industries, Ltd. has entered into a Memorandum of Understanding with Taiwan Fertilizer Co., Ltd. to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan, in support of Taiwan's "2050 Net-Zero Emissions" goal.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21