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
The joint venture company, LMF Nord GmbH, plans to build a mechanical recycling plant in Northern Germany to turn Linear Low Density Polyethylene (LLDPE) and Low Density Polyethylene (LDPE) waste into quality recycled plastic materials for use in flexible packaging
Representing an investment of $40 million, this plant will recycle 9,000 tons of post-consumer and post-industrial polystyrene waste annually
With the investment of 111 million euros, Neste will build the capacity to upgrade 150,000 tons of liquefied waste plastic per year
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The new HDPE 20HD07 resin has enhanced mechanical and organoleptic properties, enabling identical technical cap performances with less material than market reference, thus reducing the carbon footprint of end applications
The plant, with an output of 35,000 tonnes of recycled PET material, marks the company’s entry into the African recycling market
The acquisition of JBFPL offers GAIL an opportunity to add PTA to GAIL's existing petrochemical portfolio
The company will supply its full water-based Sikkens range, including basecoats, primer and clearcoats, to provide Porsche China with a complete water-based solution for its refinishing needs.
The move is part of ongoing efforts to meet growing demand for automotive capacitor film in an expanding market for electrified vehicles. When they go online in 2025, the upgraded facilities will lift Torayfan production capacity by 40%
Targets to achieve 500 crores combined sales revenue from the current 284 crores by 2025-26
These reactors will be installed at the Tula refinery for desulphurization of fuel to produce a better and cleaner gasoline and other refined products
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