Much like several initiatives passed in the 1970s and 1980s, the 1990s were a decade heavily focused on environmental issues, with many new regulations being enacted to not only mitigate industrial and vehicle emissions but also to advance the production of clean fuels globally.
Several major impactful events took place in the global oil and gas and petrochemical industries in the 1980s.
Lummus Technology and its catalyst partner Clariant, announced the successful startup and acceptance of Qingdao Jinneng New Material Co.'s 900,000 MMtpy CATOFIN propane dehydrogenation (PDH) plant.
The plant will use Uhde Inventa-Fischer’s proprietary patented MTR (Melt-to-Resin) technology to produce 330,000 tpy of resin for the production of PET bottles as well as bright chips for textile applications.
Indorama Ventures, a global sustainable chemical company, has signed a license agreement with Shandong Binhua New Material Co. to build, own and operate a propylene oxide, t-Butanol and t-Butyl methyl ether co-production unit.
Repsol will build a new plant in Tarragona, with an investment of over €35 M for the manufacture of Cross-linkable Polyethylene (XLPE), a polymer used in cable insulation, located between the conductor and the outer protective layers.
Solvay has started works related to expansion plans that include installing equipment to increase sulfone polymers capacity at its plant in Marietta, Ohio.
North American polypropylene producers won´t see this year a repeat of 2021, when stronger-than-expected demand as the pandemic eased after vaccines met extreme supply tightness.
Over the past several years, the hydrocarbon processing industry (HPI) has been engaged in a whirlwind of peaks and valleys.
The 1970s were marked by several historical events that affected not only the hydrocarbon processing industry (HPI) but nations around the world.