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Petrochemicals

Asahi Kasei technology licensee begins production of high-purity carbonates using CO2

Jiangsu Sailboat Petrochemical (Sailboat) has begun commercial operation of a new carbonates plant in Lianyungang, Jiangsu Province, China.

Ebara Elliott Energy awarded key contracts for SATORP’S AMIRAL petrochemical complex

Ebara Elliott Energy (EEE) has been selected to supply advanced equipment for SATORP’s Strategic Expansion (AMIRAL) petrochemical complex, located in Jubail on Saudi Arabia’s eastern coast.

Obrist Group: Methanol is the ideal fossil fuel replacement for key industries

Methanol is the ideal replacement for fossil fuels in numerous key industries. This conclusion was reached by the engineering and consulting firm ILF Consulting Engineers, the patent and law firm ETL-IP, and the auditing company BDO in a joint due diligence of the German-Austrian industrial group Obrist Group.

Topsoe to provide technology for 40,000-tpy e-Methanol project in Galicia, Spain

Topsoe to provide e-Methanol synthesis technology and engineering support for the 40,000-tpy e-Methanol Forestal del Atlántico’s Triskelion project in Galicia, Spain.

SwitcH2, CorPower Ocean partner on wave-powered green ammonia

SwitcH2 is partnering with CorPower Ocean to deliver a unique industrial scale floating green ammonia production facility partially powered by wave energy. SwitcH2’s NH3-FPSO unit involves the use of a new built vessel, nearly the size of a VLCC (Very Large Crude Carrier), to support a 300-MW electrolysis plant on deck. The final output is green ammonia

INEOS Enterprises to sell Composites business to KPS Capital Partners for €1.7 B

INEOS Enterprises has entered into an agreement for the sale of the INEOS Composites business to KPS Capital Partners, LP for an estimated consideration of €1.7 B at completion. INEOS Composites is a leading global manufacturer of unsaturated polyester resins, vinyl ester resins and gelcoats used in the production of plastic composites for a wide range of applications across large global end-markets.

MHI Compressor delivers critical turbomachinery for Texas ethane cracker

Mitsubishi Heavy Industries Compressor International Corporation (MCO-I), a leader in the design and manufacturing of compressors, steam turbines and associated auxiliaries, has successfully manufactured, tested and shipped steam turbine-driven compressor packages to Golden Triangle Polymers Co., a Chevron Phillips Chemical Co. (CPChem) and QatarEnergy joint venture, for its world-scale 2.08-MMtpy ethane cracker located in Orange County, Texas.

BASF unveils new HDPE brand Easiplas and HDPE construction milestones at Zhanjiang Verbund site

BASF has launched Easiplas, a new brand of high-density polyethylene (HDPE), alongside reaching significant construction milestones at the HDPE plant at the Zhanjiang Verbund site in China

Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar

The facility consists of a 1.2-MMtpy ammonia production unit, along with an additional unit for CO2 injection and storage, with a capacity of 1.5 MMtpy. QatarEnergy will provide the new plant with more than 35 MW of electricity from the solar power plant currently being built in Mesaieed Industrial City, thereby becoming blue ammonia.

ADNOC launches $80-B low-carbon energy and chemicals investment company

ADNOC announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 B. XRG aims to more than double its asset value over the next decade by capitalizing on demand for low-carbon energy and chemicals.

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