Aramco acquires 10% stake in Rongsheng Petrochemical
Aramco has signed definitive agreements to acquire a 10% interest in Shenzhen-listed Rongsheng Petrochemical – a deal that will significantly expand the company's downstream presence in China.
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Wood has been awarded a contract for FEED and EPCm services by Clean Planet Energy.
Technip Energies has been awarded a contract by CNOOC and Shell Petrochemicals Co. Ltd (CSPC) for the Huizhou Phase III project, a mega liquid ethylene cracker in China.
A number of Lummus technologies have been selected for Butadiene LLP's new petrochemical plant in Atyrau, Kazakhstan.
The EIA reports that US ethane demand increased by approximately 9% in 2022, driven by petrochemical capacity additions.
Pengerang Energy Complex Sdn Bhd has signed key agreements with several blue-chip partners for the upcoming Pengerang Energy Complex in Johor, Malaysia.
SABIC has signed an agreement with Coolbrook to assess Coolbrook’s Roto Dynamic Reactor technology in support of decarbonising ethylene production.
Sulzer's advanced separation technology will enable end-of-life plastics recycling at Indaver’s first plastic depolymerisation plant that is currently under construction in Antwerp, Belgium.
In 2022, US ethane demand increased by approximately 9%, or almost 0.2 million bpd, to support the growing petrochemical industry.
SABIC has announced a strategic project to manufacture catalysts, with the aim of transforming Saudi Arabia into a manufacturing hub for specialised materials.
