Petrochemical | 25 December 2025
bp to sell 65% stake in Castrol to Stonepeak for $10.1 billion
The deal is expected to generate approximately $6.0 billion in net proceeds for bp
The deal is expected to generate approximately $6.0 billion in net proceeds for bp
A new institutional ownership group injected $150 million of junior capital into the company
The refinery currently fulfills approximately 14% of India's polypropylene demand
Prof. Aniruddha B. Pandit is a distinguished academic and researcher with an illustrious career spanning over three decades in the field of chemical engineering
The company is aggressively adopting green chemistry, as seen in its patents for Ferrous Ascorbate and L-Ornithine L-Aspartate
GNFC will expand its existing production capacity by approximately 94%
The company aims to cut operational carbon emissions without compromising on employee convenience or safety
Drawing inspiration from winter light, lacquered reds and toasted brown hues, the fragrance house identifies three macro-trends — Winter Sunset, Statement Red and Dust Brown
As part of the deal, Arkema would sell its production facility in Vlissingen, the Netherlands, which employs around 50 people
The facility is expected to produce about 210,000 tons per year of green ammonia
The purchase orders target long-lead equipment that will support Commonwealth LNG’s accelerated, modular construction approach
The vessels will carry low-carbon ammonia from JERA’s Blue Point Complex in Louisiana
Honeywell also announced that its Advanced Materials business unit will be reported as discontinued operations starting in the fourth quarter of 2025
The approval comes under the Support for the Price Gap system established by the Hydrogen Society Promotion Act
Phase 1 of the UAP facility involves a $120 million investment to produce ultrapure and proprietary functional chemicals for semiconductor fabrication
The first phase of the Songyuan hydrogen energy industrial park in Jilin province is designed to produce 45,000 metric tons of green hydrogen along with 200,000 tons of green ammonia and green methanol annually
GIP’s entry, as a co-investor, confirms the effectiveness of Eni’s strategy in the sector and consolidates the development plan of Eni CCUS Holding
The first-of-its-kind facility marks a major advance in how renewable energy can be converted into green fuels
The tribunal also ruled that Tecnimont is entitled to seek asset-freeze measures worldwide as security for additional potential damages arising from what it described as EuroChem Group’s recent unlawful legal actions in Russia
The change comes shortly after Covestro and XRG closed their strategic partnership on 10 December 2025
Subscribe to our newsletter & stay updated.
