Products
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.
Digital Feature: U.S. EPA’s new Chemical Accident Prevention rule takes effect: What to know
On March 11, 2024, the U.S. Environmental Protection Agency published a final rule amending its Risk Management Program regulations. Here is what facility owners need to know about this new regulation.
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.
U.S. imports of renewable diesel increased in the early months of 2024
In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 bpd, approaching the monthly record set in May 2023.
ADNOC signs long-term HOA with Osaka Gas for Ruwais LNG Project
ADNOC announced the signing of a long-term Heads of Agreement with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 800,000 tpy of LNG.
OCI Global to sell its clean ammonia project in Texas (U.S.) to Woodside Energy for $2.35 B
OCI Global has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1-MMtpy clean ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.
Used oil recycling: EDL to engineer another used oil-re-refining plant for Puraglobe
EDL Anlagenbau Gesellschaft has been commissioned by Puraglobe Holding GmbH to engineer another HyLube plant, this time outside Europe.
- KT-Kinetics Technology, NEXTCHEM awarded contracts for Petronas hydrogen unit 1/14
- Chinese, Indian refiners seek new supplies as US sanctions tighten grip on Russian oil 1/14
- Clariant to fight 1.4-B euro ethylene lawsuit from BASF 1/14
- Poland's Orlen plans to invest up to nearly $92 B by 2035 1/14
- Genesis Fertilizers, Stamicarbon partner to advance sustainable urea production 1/14
- Sinopec Shanghai Petrochemical to invest $2.9 B to upgrade Chinese operations 1/14
