L&T Energy Hydrocarbon (LTEH), a business unit of Larsen & Toubro (L&T), has recently been awarded several offshore packages by a prestigious client in the Middle East. The scope of work includes engineering, procurement, construction, and installation of various new offshore facilities, as well as integration with existing installations. Repeat orders signify customer satisfaction Commenting … Read more
Linde announced that it has signed a long-term agreement with ExxonMobil for the off-take of carbon dioxide associated with Linde’s new clean hydrogen production in Beaumont, Texas. Linde previously announced that it will build, own and operate an on-site complex to supply clean hydrogen and nitrogen to OCI Global’s new world-scale blue ammonia plant. Linde’s … Read more
Yara Clean Ammonia and Enbridge Inc. have signed a letter of intent to develop and construct a world-scale low-carbon blue ammonia production facility as equal partners. The proposed facility will be located at the Enbridge Ingleside Energy Center (EIEC) near Corpus Christi, Texas. The production facility will be capable of supplying low-carbon ammonia to meet … Read more
ExxonMobil said it is investing nearly INR 9 billion (USD $110 million) to build a lubricant manufacturing plant at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area in Raigad. The company made the announcement in the presence of Deputy Chief Minister Devendra Fadnavis, Industry Minister Uday Samant, and senior officials from Maharashtra. • Investing nearly … Read more
Evonik has officially begun construction of its $220 million global-scale production facility for pharmaceutical specialty lipids in Lafayette, Indiana, in the United States. The new facility is expected to secure the industry’s access to critical excipients needed for mRNA vaccines and other nucleic acid therapies. The plant is scheduled to go onstream in 2025. “Our … Read more
LG Chem Ltd. initiated the construction of a plant for supercritical pyrolysis and aerogel production in Seongmun National Industrial Complex, located 150 kilometers southwest of Seoul. With an investment of 310 billion won ($238.6 million), this new facility will enhance LG Chem’s plastic recycling businesses and enable the production of aerogel insulation material using the … Read more
Saudi Arabian Oil Company (Aramco) is partnering with China’s NORINCO Group and Panjin Xincheng Industrial Group to construct a large integrated refinery and petrochemical complex in northeast China. The Huajin Aramco Petrochemical Company (HAPCO) joint venture, with Aramco owning a 30% stake, NORINCO Group 51%, and Panjin Xincheng Industrial Group 19%, will oversee the project … Read more
Croda India, a wholly-owned subsidiary of UK-based Croda International Plc and a leading player in specialty chemicals, has announced plans to construct a new manufacturing facility at Dahej in the state of Gujarat. The company has earmarked an investment of Rs 5 billion for the first phase of the project, which will focus on producing … Read more
INEOS Styrolution America LLC and Agilyx ASA are advancing the development of a previously announced 100 tons per day TruStyrenyx™ chemical recycling facility in Channahon, Illinois. The facility aims to recycle post-use plastics to high-value, virgin-equivalent products. TruStyrenyx is a partnership between Agilyx and Technip Energies and provides an all-in-one solution for the chemical recycling … Read more
Evonik Catalysts has announced its plans to increase production capacities for its activated nickel powder catalysts marketed under the KALCAT and Metalyst brands. The company is set to expand its production sites in Hanau, Germany, and Dombivli, India in response to the growing demand for precious metal-free powder hydrogenation catalysts in the pharmaceutical, agrochemical, and … Read more
ADNOC announced that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives in Germany’s North Rhine-Westphalia. The announcement was made following the signing of a memorandum of understanding (MoU) between the Government of North Rhine-Westphalia, ADNOC and Currenta … Read more
Lotte Chemical Titan Holding’s Indonesian subsidiary, PT Lotte Chemical Indonesia (LCI), has secured a 12-year loan facility worth $2.4bn to finance the development of its integrated petrochemical facility, also known as the Lotte Chemical Indonesia new ethylene project. The loan was arranged with the Export-Import Bank of Korea, Korea Trade Insurance Corp, and other commercial … Read more
Anupam Rasayan, a leading manufacturer of specialty chemicals in India, has signed a memorandum of understanding (MoU) with the Government of Gujarat to set up three new chemical plants. The company will invest Rs. 67 billion in the brownfield expansions, which will be located in Surat and Bharuch in Gujarat. The plants are expected to … Read more
The Indian Oil Corporation (IOCL) has announced plans to set up a petrochemical complex in Paradip, Odisha. This will be the largest-ever investment at a single location by the oil marketing company, with an estimated cost of Rs 610.77 billion. The complex will include a world-scale cracker unit and downstream process units, which will produce … Read more
DOMO Chemicals has broken ground on a new plant in Haiyan, Jiaxing, Zhejiang, China, which will produce TECHNYL polyamide-based grades. The €14m ($16.7m) plant, covering a total area of 40,000 sq m, is expected to be fully operational by the end of Q1 2024 and will be gradually expanded to reach a total capacity of … Read more
Larsen & Toubro (L&T) has secured multiple offshore contracts from an overseas client for its hydrocarbon business, with major contracts in the range of Rs 50-70 billion. The company will be responsible for the engineering, procurement, construction, and installation of offshore structures, as well as for upgrading existing facilities. L&T Energy Hydrocarbon covers the entire … Read more
OCI Global and Lotte Fine Chemical (LFC) have announced a collaboration to provide bio-ammonia for the chemical and power sectors, aiming to decarbonize their value chain. OCI will supply LFC with bio-ammonia from its Texas production capacity, starting this year. LFC will import OCI’s ISCC Plus bio-ammonia, derived from bio-methane, for domestic use in South … Read more
Navin Fluorine Advanced Sciences Limited (NFASL), a wholly-owned subsidiary of Navin Fluorine International Limited, has announced that it has approved a capital expenditure of Rs 4.5 billion to set up a new hydrofluoric acid (HF) capacity at Dahej. The new facility will have a capacity of 40,000 tonnes per annum, which will be in addition … Read more
GAIL (India), a leading natural gas company with diverse interests across the natural gas value chain, has signed an MoU with Shell Energy India to explore opportunities in different facets of the energy value chain. The move is aimed at achieving improved sustainability in GAIL’s business operations. To diversify the feedstock for its petrochemical plant, … Read more
The Board of Directors of Madhya Bharat Agro products Ltd (MBAPL) has given in-principal approval for setting up a new 1000 TPD DAP/NPK Fertilizers with Phosphoric acid Plant. The decision was made during a meeting held on March 14, 2023, which was concluded in a brief time of 45 minutes. According to company officials, the … Read more