Petrochemical | 10 March 2022
Aramco and Sinopec ink MoU for potential downstream collaboration in China
Companies to optimize operations at Fujian Refining and Petrochemicals Project
Companies to optimize operations at Fujian Refining and Petrochemicals Project
Through brownfield expansion, the company plans to expand the caustic soda capacity to 1,530 KTPA from 1,264 KTPA by FY2024
The letter states that, starting in 2025, WACKER plans to supply SFC Energy with up to 2,000 metric tons of methanol from the RHYME Bavaria project planned for its Burghausen site
Company expects initially to replace approximately 30% of the plant’s annual electricity consumption with renewable energy and eventually convert fully to renewable energy by 2025
The team will focus their effort on redesigning polyethylene (PE) packaging material to produce plastic packaging that can be recycled infinitely or safely degrade in the environment
Company's operating gross profit rose by 19.6% to 3,379 million EUR compared to 2,869 million EUR in the previous year
Transaction is expected to close in the second half of this year
Zero carbon liquid hydrogen bound for hydrogen for mobility market
The price increases and surcharges will take effect April 1, 2022.
The company has been recognized for successful engagement with their suppliers on climate change
Partnership will advance the future of flight, create innovative solutions
The company has laid 87.47 kilometers of steel and polyethylene (PE) pipelines thereby taking the aggregated pipeline length to about 6,096 kilometers
Addresses pay equality and accelerates gender parity at the top
French State has reserved the necessary budget for realization of 200 MW electrolyzer, green hydrogen project in France
Proceeds from the transaction are expected to fund acceleration in LanzaTech’s commercial operations, capital requirements associated with development projects
The acquisition price amounts to approximately €70 million and the transaction is expected to close in second quarter of 2022
The expansion of the Cartagena refinery facilities to build the new advanced biofuels plant, which will be equipped with cutting-edge technology, will mean the generation of some 1,000 jobs in the different phases of the project and the involvement of 240 companies auxiliaries - of which 21% will be local, 25% regional, 42% national and 12% international
Company has invested INR 90 million to modernize machinery which has increased installed output to over 45,000 MT per year
Company has nominated Ester Baiget and Hans van Bylen to the Supervisory Board
Antofénol’s strengths lie in the microwave, ultrasound and vacuum extraction techniques of natural raw materials
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