BP Signs MoU with ZPCC to Build 1 MMt Acetic Acid Plant in China

BP and China’s Zhejiang Petroleum and Chemical Corporation (ZPCC) have signed a memorandum of understanding (MOU) to explore the creation of a new equally-owned joint venture to build and operate a 1 million tonne per annum (tpa) acetic acid plant in eastern China. A proposed plant in Zhoushan, Zhejiang Province would produce acetic acid – … Read moreBP Signs MoU with ZPCC to Build 1 MMt Acetic Acid Plant in China

Bunge Limited, BP to form a Bioenergy JV in Brazil

Bunge Limited , a leader in agriculture, food and ingredients, announced an agreement with BP plc to form a 50:50 joint venture that will create a leading bioenergy company in Brazil. The joint venture, to be called BP Bunge Bioenergia, will operate on a stand-alone basis, with a total of 11 sites located across the … Read moreBunge Limited, BP to form a Bioenergy JV in Brazil

BP, Socar to Start Construction of PTA, PX Project in Turkey

Socar and BP announced the construction of a new petrochemical complex for the production of aromatics and PTA (purified terephthalic acid) in Aliagha, Izmir, Turkey. The construction of the project is scheduled to start in 2020 and is planned to be launched by late 2023. “Aromatics factory will produce 830,000 tonnes of paraxylene, nearly 400,000 … Read moreBP, Socar to Start Construction of PTA, PX Project in Turkey

BP, Nouryon, and the Port of Rotterdam to Produce Green Hydrogen

BP, Nouryon and the Port of Rotterdam have partnered to explore the opportunity of making ‘ green hydrogen’ via water electrolysis for BP’s refinery in Rotterdam, the Netherlands. According to Nouryon, green hydrogen produced from water using renewable energy could potentially lead to a 350,000 tons reduction in CO2 emissions per year. The three partners have signed … Read moreBP, Nouryon, and the Port of Rotterdam to Produce Green Hydrogen

BP partners with Virent and Johnson Matthey on Virent’s bio-PX production tech

BP, Virent Inc. and Johnson Matthey (JM) have signed an agreement to further advance the commercialization of Virent’s Bioforming ® bio – paraxylene (PX) production process, a key raw material for renewable polyester production. Developed in partnership with JM, Virent’s Bioforming ® technology produces recycling products from renewable sources that can be used to produce … Read moreBP partners with Virent and Johnson Matthey on Virent’s bio-PX production tech