As part of the partnership, Terphane signed a multi-year capacity reservation agreement to purchase the advanced bio-polymer PEF for use in film applications, including food and beverage packaging and high-value industrial applications
The petrochemical complex includes a 1.2 mtpa cracker, a new 500ktpa High-Density Polyethylene plant to produce INEOS pipe grade under license and 11 other derivative units
The fittest of the refineries will survive and it will be sunset for standalone crackers
The first facility is expected to begin operations in 2026 and have an annual production capacity of approximately 390,000 tonnes
The collaboration aims to create a platform that enables the production of sustainable chemicals to replace petrochemicals in an extended range of many applications
Sinopec is actively adjusting the energy structure towards clean energy development targets
Transaction represents continued growth of Aramco’s downstream presence in China
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.
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