Petrochemical | 12 January 2023
ExxonMobil to sell interest in Esso Thailand
Sale includes interest in Sriracha Refinery and Thailand network of Esso-branded retail stations
Sale includes interest in Sriracha Refinery and Thailand network of Esso-branded retail stations
ISAB owns a large petrochemical complex in Italy combining refining, gasification and electricity cogeneration plants.
The Board of Directors have accorded their approval for setting up a new water-based paint manufacturing facility with a capacity of 4 lakhs kilolitres per annum
The Ras Laffan Petrochemicals complex, expected to begin production in 2026, consists of an ethane cracker with a capacity of 2.1 million tons of ethylene per annum
Multi-year action plan follows Board approval of ADNOC’s Net Zero by 2050 ambition, and builds on its strong track record in responsible energy production
The acquired production capacity is 100 thousand tonnes per year, which means that PKN ORLEN, as Poland’s only producer of LDPE, will single-handedly cover about a third of the country’s overall demand for the plastic
The company had laid the foundation stone for their petrochemical project for a 450 KTPA polypropylene plant in November 2021.
The company also completed EPS production facility revamp programme / commissioning trials at its plant situated at Manali New Town, Chennai,
The agreement was signed by Abdulrahman bin Saleh Al Fageeh, SABIC CEO (A); Talal bin Hamed al Awfi – OQ Group CEO; and Shafi Taleb Al-Ajmi, CEO of Kuwait Petroleum International.
The material was custom-developed for blow molding of motor oil and lubricant bottles. It has a content in the range of 30% mechanically recycled post-consumer plastic.
The two deals are SECCO joint venture. INEOS has acquired 50% of Shanghai SECCO Petrochemical Company Limited and ABS joint venture. INEOS and SINOPEC have also established a 50:50 joint venture for ABS, based on INEOS’ world leading proprietary ABS Technology.
In addition, SDK will provide Asian Paints with catalysts to be used for the company’s VAM production.
The acquisition of this technology strengthens Versalis' position as a leader in chemistry from renewable sources
The aim of the Polimery Police project, carried out by Grupa Azoty Polyolefins S.A., is to build an integrated chemical complex comprising a propylene unit, a polypropylene unit, a handling and storage terminal, logistics infrastructure and auxiliary units
Landmark achievement expected to spur global development of waste-to-fuels plants aimed at producing 400 million gallons of SAF annually to help decarbonize aviation industry
The world-scale AST2 facility, located at the new Rokeby Site in St. Clair Township, Ontario will have a production capacity of approximately one billion pounds of polyethylene per year.
The cracker is designed using modern emissions reduction technology and processes that result in lower greenhouse gas emissions than similar facilities in the United States and Europe
Acro's high-quality product portfolio comprising over 3,000+ SKUs and manufacturing capability combined with JK Cement's channel and influencer presence will unleash significant value
The complex with 1.5 MTPA capacity is expected to commence operations by 2025 end.
Currently, petrochemical production accounts for nearly 14% and 8% of the global demand for oil and gas respectively
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