
Aramco looking to expand global footprint in chemicals
With the US$69 billion acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.
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The 50/50 JV includes a 1.5 million t ethane cracker, 0.9 million t low-density and linear-low density polyethylene plants, and associated infrastructure near Lake Charles, Louisiana, US.

Ningxia Baofeng Energy Group has selected Johnson Matthey as its collaboration partner for its latest methanol project.

Sibur signed a deal in June to sell up to 1 million tpy of polyethylene to China’s Sinopec from ZapSibNefteKhim.

Aspen DMC3 software will be used to accelerate digitalisation at Hengli's integrated refining and chemical plant in Dalian, China.

Lummus Technology has been awarded a contract from Ningbo Kingfa Advanced Materials Co., Ltd. for two propane dehydrogenation units

The joint venture will design, build and operate a polyacrylic acid and emulsion polymers plant in Saudi Arabia.

Southeast Asian companies in the plastics industry have been forced to downsize their CAPEX for 2020 as a measure to sustain during the crisis.

The joint venture will work with Lummus’ existing customers and potential customers to implement digital analysis and operative solutions to their refining, petrochemical and gas processing assets.

The expansion project adds eight new research and development laboratories with equipment for developing new proprietary technologies to support innovations in Catalysis, Recycling and 3D Printing.