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Petrochemicals

NEXTCHEM (MAIRE) awarded new contracts for proprietary equipment, technology, engineering services

MAIRE has announced that NEXTCHEM (Sustainable Technology Solutions) has been awarded new contracts for an overall value of approximately €30 MM by leading international clients, mainly in the Middle East and Europe.

NEXTCHEM awarded study/pre-FEED contract for a 500,000-tpy low-carbon fertilizer plant in France

MAIRE announces that NEXTCHEM (Sustainable Technology Solutions) has been awarded by FertigHy a feasibility study and pre-FEED contract for a 500,000 tpy of nitrogen-based fertilizers plant in France.

Indorama Ventures secures $200-MM loan from IFC to drive sustainability program

Indorama Ventures, a global sustainable chemical producer, has secured a new 7-yr loan totaling $200 MM from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programs in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler.

Hygenco, Ameropa ink cooperation for supply of green ammonia

Hygenco Green Energies and Ameropa sign green ammonia supply agreement from Hygenco's planned 1.1-MMtpy green ammonia facility in India.

Sungrow Hydrogen wins contract for world's largest green H2, ammonia and methanol integrated project

Sungrow Hydrogen was awarded a contract by China Energy Engineering Corporation for the Songyuan Hydrogen Energy Industrial Park project in Jilin China, the world's largest green hydrogen, ammonia and methanol integrated project.

KKR, IGNIS announce partnership to develop green hydrogen, ammonia and other green technologies in Spain and internationally

KKR and IGNIS announced the launch of IGNIS P2X, a new Power-to-X platform to develop green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors.

Cepsa begins construction of the first chemical plant in Spain to produce the base for hydroalcoholic gels

Cepsa has begun construction on a new €75-MM, 80,000-tpy isopropyl alcohol plant in Spain.

Technip Energies acquires technology from Shell to accelerate bio-polyester production

Technip Energies and Shell Catalysts & Technologies announce a technology transfer agreement which accelerates the commercialization of Technip Energies’ Bio-2-Glycols technology for bio-based mono ethylene glycol (MEG) production from glucose.

Mammoet completes heavy haul for Portugal's Sines Industrial Complex's ALBA project

The ALBA project will see significant expansion of the Sines Industrial Complex in Portugal. This large facility includes a linear polyethylene plant and a polypropylene plant.  

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.