The project aims to validate the food-grade recycled polypropylene manufacturing process and its commercial viability, with the aim of receiving acceptance from the UK’s Food Standard Agency (FSA) and European equivalent (EFSA)
The agreement enables ExxonMobil to purchase as much as 3 million barrels of the products per year
The company has also scaled production volumes and signed long-term feedstock supply agreements with several producers of high-quality feedstocks
SIBUR’s HEXSIB technology provides gains in carbon efficiency and opens up possibilities for bio-sourced plastics production from renewable carbon
The plant will process and convert 33,000 tonnes of post-consumer end-of-life plastic waste yearly and is expected to become operational in early 2025
Through this purchase, Biosynthetic Technologies will now add a comprehensive line of castor and other oleo derivatives to its existing Estolide technology portfolio
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These highly complex reactors are crucial equipment for production of Mono Ethylene Glycol in the petrochemical complex
The proposed acquisition will strengthen IVL’s market position in the packaging business in high growth markets of the Asia-Pacific region
The facility is expected to have an annual capacity of 60,000 tons and an expected completion at the end of 2024
This strategic acquisition provides the opportunity for WL Plastics to further diversify its product offerings.
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The deal includes chemical facilities in Houston and Longview, Texas
The integration with the FT CANS technology provides an end to end, optimised and highly scalable process that turns over 95% of the CO2 into high quality synthetic crude oil
The expanded molding compounds plant will go into operation in the second quarter of 2023
Company has been assigned for design and equipment procurement for 3 MMt/y polyethylene plant in Ust-Luga
Located in the Economy & Technology Developing Zone, Yantai City, Shandong Province, China, the new line is the first to be licensed with INVISTA’s nylon 6,6 polymerization technology and will use INVISTA’s patented nylon 6,6 salt process and advanced continuous polymerization technology
Loan agreements with consortium of lender banks led by SBI signed
The project is likely to get commissioned in the next 6 to 8 months and will manufacture Specialty Black Masterbatch and Specialty Color Masterbatch
Total petrochemical capacity of new-build and expansion projects in Asia is expected to be 477 million tonnes per annum (mtpa) by 2030 as per latest report by GlobalData
The Gumi plant has a PBAT production capability of 3000 tons per year
The project will meet the enhanced crude oil requirement arising out of capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA.
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