The JV will operate under the name Louisiana Integrated PolyEthylene JV LLC and the transaction is expected to close by the end of 2020.
The diesel fuel additive significantly improves the operation of any diesel engine in extreme temperatures by improving two crucial indicators of performance in diesel fuel – Cold Filter Plugging Point and Pour Point to prevent gelling and icing.
The project is proposed to be financed by available surplus cash balances and internal accruals and the tentative time frame for commissioning is about 24 months.
The Belco wet-scrubbing technology was installed at Omsk during a Fluidized Catalytic Cracking Unit (FCCU) revamp and efficiently removes process impurities from the flue gas emitted by the FCCU thus reducing air emissions well below detection limits.
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The company will use UOP Renewable Jet Fuel Process technology at its Plaju refinery in Palembang, South Sumatra, and UOP Ecofining technology at its Cilacap refinery in Central Java.
As per company's latest annual sustainability report, key focus is on three transformational areas including plastic waste, climate change, and thriving societies.
The four-way NDA signifies a commitment to a circular economy of polystyrene and serves as a basis for exploring and optimizing advanced recycling technologies for polystyrene
According to El Molla, import rates during 2020 were at 3.5 million tonnes per year, at a cost of $1.5 billion.
The notification for amendments to the Central Motor Vehicles Rules 1989, for inclusion of H-CNG as an automotive fuel has been published.
As per the partnership, GOLIL will exclusively manufacture and market S-Oil entire range of lubricants in India region.
Itochu is planning to commercially launch Japan’s first food containers and packaging materials made of Renewable PP by the end of 2020.
The agreement significantly increases the supply and availability of SAF for the aviation industry with effect from October 2020.
The refinery will focus on production of renewable diesel for the aviation industry, production of bioplastics, plastics recycling, operation of two photovoltaic solar power plants.
Company has sold its 49.99% shares in Nynas AB to Bitumina Industries Ltd for an undisclosed amount.
The capacity is proposed to be expanded initially to 46,000 MT to be completed in 18-21 months and then by another 24,000 MT thereafter.
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The project will not only increase the capacity of Gujarat Refinery from 13.7 MMTPA to 18 MMTPA but would also result in integration to petrochemicals with production of 500 KTPA Polypropylene.
Manufactured at their thermoset center of excellence in the UK, the tooling material will be fully stocked in the central US, allowing for immediate order fulfillment for customers in North America.
Investment will support construction of additional production capacities for pyrolysis oil.
Company is rapidly working on implementing a number of new projects to the national plan for the period of 2020-2035.
Easing of containment measures imposed due to Covid-19 pandemic and stimulus packages are likely to increase economic activities and drive petrochemicals demand in countries like China, India and Indonesia.
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