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
The first facility is expected to begin operations in 2026 and have an annual production capacity of approximately 390,000 tonnes.
Construction scheduled to start in 2023 with commercial start up in 2027
Cooperation across hydrogen, renewables and carbon capture technologies
The new PLA resin is expected to help reduce microplastics thanks to its accelerated biodegradation rate as well as reduce CO2 emissions during product lifecycles since it is made from plant-derived raw materials.
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The first session of PRC Europe 2023 is dedicated to clean hydrogen impact on the downstream sector
Essar in partnership with an international player proposes to develop 7.5 MMTPA CTC
The transaction was based on an Enterprise Value of GBP 21 million.
Aramco to supply almost 45% of PKN ORLEN’s crude oil requirement under agreement
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