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Petrochemicals News

Agilyx Agrees to Collaborate with TechnipFMC
United Kingdom >> 6/23/2020 - Agilyx Corporation ("Agilyx"), the leader in chemical recycling of post-use plastics back into polymers, chemicals and low carbon fuels, announced the exclusive collaboration with TechnipFMC to jointl...
Petrobras on New Naphtha Contracts with Braskem
Brazil >> 6/10/2020 - Petrobras informs that it signed new long-term contracts for the supply of petrochemical naphtha with Braskem S.A. ("Braskem") for the units in the states of Bahia and Rio Grande do Sul. ...
APC & Sk Gas Petrochemical Sign Agreement to Establish PDH & PP Complex
APC & Sk Gas Petrochemical Sign Agreement to Establish PDH & PP Complex Saudi Arabia >> 5/29/2020 - Advanced Petrochemical Company (ADVANCED) announces the signing of Shareholders Agreement between Advanced Global Investment Company (“AGIC”, a subsidiary of ADVANCED) and SK Gas Petrochemical Pte. Lt...
BP Signs Agreement with Chinese PET Producer CRC
China >> 4/20/2020 - BP has signed a strategic cooperation agreement with one of China’s leading producers of PET (polyethylene terephthalate) plastic, China Resources Chemical Innovative Materials Holdings Limited (CRC)....
Saipem & Petrojet Awarded Egypt's First Polybutadiene Plant
Saipem & Petrojet Awarded Egypt's First Polybutadiene Plant Egypt >> 4/17/2020 - Saipem, leading a consortium with Egypt-based Petrojet, has been awarded a contract by Egyptian Ethylene & Derivatives Co. (Ethydco) for the first polybutadiene-producing facility in Egypt, with an ex...
Two New Production Facilities Launched at the TANECO Complex
Russia >> 4/17/2020 - Two new installations were commissioned at the TANECO Complex: hydrotreatment of heavy coking gas oil and extractive distillation with sulfolane. ...
Update on Implementation of the Company’s Omsk Catalyst Project
Russia >> 3/12/2020 - The Gazprom Neft Board of Directors has been updated on progress on the construction of Russia’s first modern oil-refining catalyst-production facility. ...
Iran Refineries to Yield 0.7mt/year of Petcoke
Iran >> 2/10/2020 - Iranian Minister of Petroleum Bijan Zangeneh said Bandar Abbas and Imam Khomeini refineries were to produce 700,000 tons per year of sponge and needle cokes in Iran. ...
Santos & Beach Energy in New Six-Year Ethane Gas Contract
Australia >> 1/30/2020 - Cooper Basin joint venture (SACB) partners Santos and Beach Energy announced the extension of ethane gas supply to Qenos, Australia's sole manufacturer of polyethylene and leading supplier of world-cl...
Iran Self-Sufficient in Production of Rubber Raw Materials
Iran >> 1/15/2020 - The CEO of Takht Jamshid Petrochemical Plant said the company’s second phase would render Iran needless of importing the raw materials needed for production of various type of rubber. ...
Iran Self-Sufficient in Hexane Production by 2021
Iran >> 1/15/2020 - The chairman of the HNT Holding Company announced inauguration of a 40,000-ton hexane, 10,000-ton pentane and 7,000-ton heptane petrochemical plants in Iran by relying on local capabilities by the nex...
Major Rubber Plant Launched in Mahshahr
Iran >> 1/14/2020 - Iran has launched Phase 2 of Takht Jamshid Petchem Plant in Mahshahr, southwestern Iran, which is a major supplier of high-value rubber grades. ...
Iran to Launch Dozens of Petchem Plants in Assaluyeh
Iran >> 1/11/2020 - Dozens of petrochemical plants are under construction in Assaluyeh, southern, Iran, by relying on domestic capabilities and developers. ...
INEOS Styrolution Invests in ABS World-Scale Plant in China
China >> 1/9/2020 - INEOS Styrolution, the global leader in styrenics, has announced plans to build a world-scale ABS plant in Ningbo, China. The new production site will be adjacent to the recently acquired polystyrene ...
PETROL to Develop Melamine Park in Urmia
Iran >> 12/28/2019 - Iranian Investment Petrochemical Group (PETROL) has signed an agreement to develop a melamine production park in the northeastern province of Urmia. ...
Signing Contract to Establish a Phosphoric Acid Complex in Abu Tartur
Signing Contract to Establish a Phosphoric Acid Complex in Abu Tartur Egypt >> 12/25/2019 - The Minister of Petroleum and Mineral Resources, Tarek El Molla and the Chinese Ambassador in Cairo, Liao Li qiang, have witnessed the signing of a contract to establish a phosphoric acid complex proj...
LyondellBasell & Sinopec Announce JV to Manufacture PO & SM in China
China >> 12/23/2019 - LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced it has signed a Memorandum of Understanding (MoU) to form a 50:50 joint venture (JV) w...
Diversification of Output Key for Karoon Petchem Plant
Iran >> 12/17/2019 - The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) underlined diversification of the items produced by Karoon Petrochemical Company as a method to attract more customers. ...
NPC Fully Backs Catalyst Producers
Iran >> 12/17/2019 - The CEO of the National Petrochemical Company (NPC) voiced his company’s full support for producers of petrochemical catalysts in the country. ...
Plant Mulls 25% Output Growth by March 2021
Iran >> 12/16/2019 - The CEO of Pars Petrochemical Plant said plans were under way for the company to boost its output by 25 percent by the end of the next Iranian calendar year to March 20 2021. ...

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