How the Aramco/SABIC joint venture (JV) is proceeding with the project planning also reflects that they are mindful of the cost-intensive nature of building a crude oil-to-chemicals (COTC) project.
The goal is to capitalize on an expanding market for electric vehicles.
The expansion is planned to serve the growing number of intermediate and performance chemicals customers in the key market of China, supplying products including SMPO, polyols, ethylene glycol, polyethylene and polypropylene.
The refinery has completed a major upgrading of its berthing facilities in time for the opening of the river-navigation season.
The product will be manufactured in India and supply will be worldwide.
The products will be marketed under the brand BreatheEasy – conveying the company’s commitment towards a safer and disease free environment, in various pack sizes as per market requirements.
The newly developed Borealis HL912FB is being used to produce meltblown fabric to be applied for customised inlays in cotton-based mouth-nose masks, for conventional mouth-nose masks, and also for high-end face masks worn by medical professionals.
The company announced that it was named project management consultant for Advanced Global Investment Company’s (AGIC) new propane dehydrogenation, polypropylene and utilities and offsites complex in Jubail Industrial City, Saudi Arabia.
The SwRI-designed system can be used for refinery processes, such as hydrotreating and hydrocracking, to produce a stable fuel ready for vehicle use.
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The company plans to scale up refinery operations to 80 per cent of design capacity by the end of the month.
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The company would continue to work with government agencies to ensure all possible support for bereaved families and victims, LG Polymers, a step-down firm of LG Chem, said in a statement.
The project is part of the Year of Investment and was previously agreed during a meeting last January between President Teodoro Obiang Nguema Mbasogo, Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, Marathon Oil Chairman, President and CEO Lee Tillman and Executive Vice President Mitch Little.
The planned project would consist of an isopropanol unit with auxiliary systems and ancillary infrastructure and would be sited at the P?ock production plant.
RIL had last August announced plan to sell 20 per cent stake in its refining and petrochemicals business for $15 billion to the Saudi Aramco, as part of his plan to deleverage RIL's balance sheet.
The joint research seeks new way to reduce waste to landfill and drive zero plastic waste.
Petrofac is set to build on its provision of digitally enhanced services for BP, following the award of a three-year extension to its existing maintenance contract and a new four-year metering contract.
In accordance with guidelines issued by central and state government authorities, AkzoNobel India Limited has obtained approvals for resuming operations in specific zones where restrictions have been lifted.
Reduced demand due to COVID-19 outbreak and the subsequent economic slowdown have forced China’s petrochemical players to re-work on their investment strategies.
The company will continue to comply with the directives issued by the regulatory bodies of the state government and central government from time to time.
The National Green Tribunal slapped an interim penalty of Rs 50 crore on LG Polymers India and sought response from the Centre and others in the gas leak incident in Visakhapatnam, Andhra Pradesh.
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