Toyo Engineering Corp. (Tokyo) has been awarded engineering and procurement contract for an acetylene black project by Denka SCGC Advanced Materials Co., Ltd., a joint venture company of Denka Company Ltd. and SCG Chemicals plc (SCGC; Bangkok, Thailand). Acetylene Black is a type of carbon black used for applications such as EV lithium-ion batteries and high-voltage transmission cables for … Read more
KBR announced that its PurifierTM ammonia technology has been selected by PT Pupuk Sriwidjaja Palembang (Pusri), a subsidiary of PT Pupuk Indonesia for its planned Pusri 3B Ammonia Plant to be built in South Sumatera Province, Indonesia. This will be KBR’s twelfth ammonia plant licensed to Pupuk Indonesia. Under the terms of the contract, KBR will provide … Read more
Diamines and Chemicals Limited, a prominent player in the chemical industry, has recently received a communication from the Gujarat Pollution Control Board (GPCB) regarding the proposed expansion of synthetic organic chemicals within its existing manufacturing unit situated at Plot No. 13, PCC Area, P.O. Petrochemicals, Vadodara-391350. Consolidated Consent & Authorization (CC&A): The company has … Read more
In a strategic move to address the increasing demand for paints in the Japanese market, Harima announced a 25% expansion of its production capacity for paint resins. This decision comes as the domestic market shows signs of recovery from the effects of the COVID-19 pandemic, with a notable uptick in demand within related industries, particularly in … Read more
Asian Paints has announced an increase in the installed production capacity of its Khandala plant to 4,00,000 kiloliters (KL) per annum, up from the initial capacity of 3,00,000 KL per annum. This expansion aims to meet the medium-term capacity needs of the company. Key Highlights:
Australian green hydrogen and methanol project developer, ABEL Energy, has confirmed the selection of Johnson Matthey (JM) and SunGas Renewables as the suppliers for two of the key technologies to be deployed for the Bell Bay Powerfuels Project in Northern Tasmania. ABEL Energy has been working closely with JM and SunGas Renewables on the design and … Read more
GAIL (India) Ltd., a state-run enterprise, has entered into a 15-year agreement with Bharat Petroleum Corp. Ltd. (BPCL) to supply propane for its upcoming petrochemical facility in Usar, Maharashtra. Valued at over $8.4 billion (Rs. 63,000 crore), the deal entails GAIL sourcing 600 KTPA of propane from BPCL’s LPG import unit at Uran. The existing … Read more
LyondellBasell, the world’s largest licensor of polyolefin technologies, today announced that Indian Oil Corporation Ltd. (IOCL) has selected LyondellBasell’s Hostalen “Advanced Cascade Process” (Hostalen ACP) technology for a new 200 kiloton per year (KTA) high density polyethylene (HDPE) plant. The new facility will be built in Panipat, India. “This new license award by IOCL represents the second Hostalen ACP process technology line … Read more
Hindustan Petroleum Corporation Limited (HPCL) has made significant investments totalling $864 million (Rs. 7,196 crores) in the period of April to September 2023, which includes equity investments in joint ventures and subsidiaries, aimed at enhancing its refining and marketing infrastructure. One notable achievement is the successful commissioning of the Visakhapatnam Refinery Modernization Project’s New Hydrogen … Read more
In line with its expansion strategy, Tuticorin Alkali Chemicals and Fertilizers Limited (TFL) is embarking on a journey to increase its production capacity. The financing for this expansion primarily relies on loans and internal earnings. The expansion project encompasses both Soda Ash and Ammonium Chloride and is slated for completion in September. The current … Read more
Gentari, the clean energy division of Malaysia’s Petronas and AM Green, set up by the founders of Greenko, announced the signing of definitive agreements together with an affiliate of GIC to produce 5 million tons per annum (MTPA) of green ammonia by 2030 – equivalent to about 1 MTPA of green hydrogen. Mr Navjit Gill, … Read more
Toray Advanced Materials Korea Inc. (TAK), the South Korean subsidiary of the renowned Japanese chemical conglomerate Toray Group, marked a pivotal moment by commencing the construction of its cutting-edge carbon fiber production facility in Gumi, North Gyeongsang Province. This remarkable initiative took place on Monday, signifying TAK’s dedication to advancing the domain of carbon fiber … Read more
Hextar Global Bhd has announced its acquisition of the entire equity interest in Propel Chemicals Sdn Bhd (PCSB) for a cash sum of RM16.5 million, marking a strategic move to further enhance its presence in the oil and gas (O&G) specialty chemicals sector. In a filing with Bursa Malaysia, the agrochemical company revealed that its … Read more
Jakson Green, a prominent player in the sustainable energy sector, announced a groundbreaking collaboration. The company has entered into an initial agreement with the Deendayal Port Authority to establish a state-of-the-art green ammonia plant at Kandla Port in Gujarat, marking a pivotal moment in India’s transition towards sustainable energy sources. In a statement released by … Read more
MAIRE announced that Tecnimont, part of the Integrated E&C Solutions business unit, today signed a Letter of Award with ADNOC for the onshore processing plant of the Hail and Ghasha Development Project. The award was signed at ADIPEC, the world’s largest energy summit. The Hail and Ghasha project is aimed to operate with net-zero CO2 emissions, in … Read more
Sinopec, one of China’s leading state-owned oil and petrochemical companies, has recently entered into an equity agreement with Kazakhstan’s state-owned oil and gas firm, KazMunayGas JSC (KMG), to secure a 30% stake in an upcoming polyethylene project located in Kazakhstan. This significant development was officially confirmed by Sinopec in a statement released on Tuesday. The … Read more
LG Chem Ltd. and GS Caltex, both based in Seoul, South Korea, have broken ground on a pilot plant to develop a white-bio ecosystem and commercialize bio-raw materials. They announced their joint development agreement last year. The groundbreaking ceremony at GS Caltex’s Yeosu plant was attended by LG Chem’s CEO Hak Cheol Shin, GS Caltex’s … Read more
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus’ Novolen® technology for a new 500-kilo-ton per annum polypropylene plant in Ningbo, China. “With … Read more
LG Chem Ltd, a prominent South Korean petrochemicals manufacturer, has announced its decision to divest its polariser businesses to Chinese companies in a strategic move aimed at enhancing its competitiveness in the market. The transaction is valued at approximately 1.1 trillion Korean Won (approximately $815.6 million USD). The polariser business division of LG Chem is … Read more
Wacker Chemie AG is expanding its specialty silicone manufacturing capacities in China. A kick-off event at the Zhangjiagang site in Jiangsu Province marks the start of the construction of several new production lines, where the globally operating chemical group will manufacture functional silicone fluids, silicone emulsions and silicone elastomer gels. Investments of some €150 million have … Read more