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
Aramco, one of the world’s leading integrated energy and chemicals companies, and Linde Engineering, a global leader in the production and processing of gases, announced that they have signed an agreement to jointly develop a new ammonia cracking technology. The collaboration between the two companies will combine Linde Engineering and Aramco’s experience and capabilities in … Read more
LyondellBasell announced it has successfully started up the world’s largest propylene oxide (PO) and tertiary butyl alcohol (TBA) unit in Texas. These new assets on the U.S. Gulf Coast have an annual capacity of 470 thousand metric tons of PO and one million metric tons of TBA and its derivatives. “The world-leading capacity of the new … 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
South Korean President Yoon and Aramco President & CEO Amin H. Nasser attended the groundbreaking ceremony for the $7 billion Shaheen petrochemical project in Ulsan, South Korea. Ministers and senior officials from both countries also attended the milestone event. The Shaheen project, which was announced in November 2022, is being developed by Aramco affiliate S-OIL … Read more
Johnson Matthey, a UK-based sustainable technology company, has been selected by Perstorp AB to provide the methanol license and engineering services for its Project Air initiative in Sweden. The project aims to substitute all the fossil methanol used by Perstorp in Europe as raw material for chemical products with sustainable methanol. The plant is expected … Read more
Gujarat Alkalies and Chemicals Limited (GACL), a leading player in the Indian chemical industry, has recently expanded its Caustic Soda Lye Plant at its Dahej Complex from 785 MTPD to 1310 MTPD in line with its growth plans. As a part of this expansion, a new 700 MTPD Caustic Evaporation Unit (CEU) has also been … Read more
Shell Nanhai BV, a subsidiary of Shell PLC, along with China National Offshore Oil Corp. (CNOOC), has awarded a contract to Shell Catalyst & Technologies (SC&T) for the third expansion of ethylene production capacity at the CNOOC & Shell Petrochemicals Co. Ltd.’s (CSPC) petrochemical complex in Huizhou City, Guangdong Province, China. The project is a … Read more
Kanoria Chemicals & Industries Limited (KCI) has performed Bhumi Puja for setting up a new Formaldehyde plant at the existing manufacturing facility at GIDC, Ankleshwar Gujarat on 23rd February 2023. The upcoming Formaldehyde plant will be with the latest Metal Oxide-based technology. This 300 TPD (tons per day) new capacity with superior technology will cater … Read more
Fluor has won a contract from Dow to provide front-end engineering and design (FEED) and engineering, procurement, and construction management (EPCM) services for the world’s first net-zero carbon emissions ethylene cracker and derivatives complex. This will be located in Fort Saskatchewan, Alberta, Canada. Fluor will start with the initial FEED award in Q1 and expects … Read more
Carbon Clean, a global leader in cost-effective carbon capture solutions, has been awarded the contract to supply carbon capture equipment for Ørsted’s FlagshipONE eMethanol project in Sweden. The project involves the production of 50,000 tonnes of eMethanol per year for the shipping industry, which is responsible for about 3% of global carbon emissions. Carbon Clean’s … Read more
Italian technology company NextChem and its subsidiary MyRechemical have signed an agreement with Dutch joint venture Dimeta to explore opportunities to produce low-carbon renewable and recycled carbon dimethyl ether (DME) from waste for use in LPG. DME is similar to propane and can be blended with LPG without requiring changes to appliances or infrastructure, offering … Read more
Casa dos Ventos, a renewable energy company, and Comerc Eficiência, an energy efficiency company of the Comerc Energia Group, signed a partnership with the TransHydrogen Alliance (THA), whose objective is to create new supply chains for the energy transition of European countries. The purpose of the agreement is to enable the export of green ammonia … Read more
INEOS Olefins Belgium has announced it has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe. This is the largest investment in the European chemical sector for a generation. The plant will have the lowest carbon footprint in Europe, three times lower than the average European steam … Read more
Deepak Nitrite Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The financials for Q3 of FY2023 show an increase in both Total Income and Net Profit when compared to Q2 of the same fiscal year. Revenue increased by 1.5% from 19.73 … Read more
LOTTE INEOS Chemical has today announced plans to increase VAM production capacity from the current 450,000 tonnes to 700,000 tonnes with the addition of a third VAM plant. The new plant is scheduled to start-up by the end of 2025. VAM is widely used for everyday products such as food packaging, solar panels, windscreens, polarizing … Read more
Deepak Fertilisers and Petrochemicals Corporation Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit dropped by 8.3% to Rs 2.49 billion for the period ended Dec 31, 2022 as against net profit of Rs 2.71 billion for the … Read more