NextGen Summit 2023: Bottlenecks hampering petrochemical industry expansion
The session highlighted the land acquisition, infrastructure and enabling environment as among key challenges
The session highlighted the land acquisition, infrastructure and enabling environment as among key challenges
ADNOC is undertaking these negotiations as majority shareholder of Borouge, and OMV as majority shareholder in Borealis,
With an annual production capacity in the range of 100,000 tonnes, this renewable ethanol-to-ethylene production plant would be a first in Europe, paving the way for a more sustainable way of producing plastics.
Lavera petrochemicals complex and refinery is the largest in the South of France
The refinery cum complex will have a capacity of 9 Million Metric Tonnes per Annum (MMTA), and would entail a total project cost of Rs. 72,937 crores
LyondellBasell is building a leadership position to address the rapidly growing demand for circular and renewable solutions
The government announced an Rs. 30, 000 crore allocation for capital support to the OMCs during the budget in February 2023
Under this partnership, Avantium and SCGC agreed to further develop CO2-based polymers and to scale-up to a pilot plant with an indicative capacity of 10 metric tons per year (m.t./yr)
If constructed, the facility would be the largest of its kind in Canada with a potential initial capacity of 66kt per annum.
The agreement aligns with Nouryon’s strategic focus on partnering with market leaders to better serve customers with the development of innovative solutions.
Both companies will partner for deployment and integration of chemical recycling of plastics at MOL's assets in Hungary and Slovakia
The collaboration will give customers a distinctive benefit by providing comprehensive technical support from the base polymer to the final-colored product.
Upon completion of the project, it is projected to save the current account by US$ 2.5 billion per year from petroleum products, LPG, and petrochemicals.
Integrated with the existing SATORP refinery in Jubail, the new complex aims to house one of the largest mixed-load steam crackers in the Gulf, with a capacity to produce 1,650 kilotons per annum of ethylene and other industrial gases.
This significant advancement reinforces Kraton's commitment to the circular economy and offers customers sustainable, innovative solutions.
Transaction will create a global leader in transparent films and sheets
Key projects includes breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat and opening a grease lab in Navi Mumbai
The first phase of the world's largest single-site 100,000 metric tonne CPVC resin facility will commence in later part of the year 2023
The new plant with a capacity of 500,000 metric tons of PE annually is scheduled to start up in 2025.
The agreement aims to explore prospects in utilizing downstream business in ONGC and IOCL
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