The unit has now officially begun processing vacuum residue from the refinery, producing high-value products
The first contract covers EPCC for new polypropylene and Butene-1 units at the Bina refinery
Developed and patented by CLG in 2012, LC-MAX converts the bottom of the barrel into high-value distillates, achieving up to 93% vacuum residue conversion, while driving operational excellence and sustainability across HPCL’s Residue Upgradation Facility
With the commissioning of RUF, the Nelson Complexity Index of Visakh Refinery improves to 11.6
Polypropylene capacity alone is expected to rise 1.8x between FY25–FY30, outpacing projected demand growth of 1.4x and potentially eliminating import dependence by FY30
The deal is expected to generate approximately $6.0 billion in net proceeds for bp
The refinery currently fulfills approximately 14% of India's polypropylene demand
Prices are pegged to the international naphtha benchmark, with minimum monthly volumes and the option to negotiate additional quantities
BPCL's Bina Petrochemicals & Refinery Expansion Project aims to set up a petrochemical complex and enhance refinery capacity from 7.8 MMTPA to ~11 MMTPA
ORLEN aims to strengthen its petrochemical value chain and ensure long-term operational transparency
The company has positioned itself as a long-time leader in shared growth with SMEs
Announces shutdown of LAB plant for capacity expansion
Controladora Alpek has been dissolved and delisted from the Mexican Stock Exchange,
The loan shall be utilised towards financing the petrochemicals project of 750 KTPA of Propane Dehydrogenation
The companies will explore capital investments to upgrade and diversify production
Petronet LNG is developing a new, first-of-its-kind third jetty and an ethane storage tank with a capacity of around 170,000 cubic meters
Dangote plans to increase the polypropene production from 830,000 TPA to 2.4 million TPA
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The investment comes as Molykote responds to soaring demand for advanced lubricants across China
Both companies will collaborate closely on sharing market intelligence and exploring trading opportunities for chemical products
This innovation is part of the company’s silicon chemistry-driven initiative
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