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.
As per the contract, thyssenkrupp will provide engineering, procurement and construction management (EPCM) services for various units of a refinery located in Numaligarh in northeastern India.
The transaction will enhance Neste’s competitiveness in the global renewable waste and residue raw material market.
Under the terms of the agreement, Celanese will supply Wanwei with its ethylene-based VAM, which has been recognized by the China Petroleum and Chemical Industry Federation (CPCIF) as an environmentally sustainable product.
Covestro and Teknor Apex intend to cooperate closely on compounding thermoplastic polyurethane (TPU) and have signed a cooperation agreement to this effect.
The operations at these locations will be carried out in accordance with the guidelines issued by the regulatory authorities, after obtaining permissions wherever required.
The advanced automation technology will provide the plant with high operational flexibility, reliability and availability in producing biofuel to replace fossil fuel.
Sanitisers are an essential component in the fight against the deadly coronavirus infection and are used as a disinfectant to prevent the spread of the disease.
The new concept combines Nouryon’s Expancel expandable thermoplastic microspheres, which reflect light, and its Levasil colloidal silica, which improves the performance of the coatings.
Lucite International has entered into an exclusive agreement with Agilyx to use the Agilyx depolymerization technology to define the most suitable chemical recycling infrastructure for recycling PMMA.
The contract’s overall value is approximately €1.2 billion, the significant majority of which pertains to the Maire Tecnimont Group.
The project aims at increasing CHPCL’s high-purity aromatics production capacity to 3 million tpy. The new aromatics complex will produce 1.5 million tpy of para-xylene in a single train.
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