LG Chem (Seoul, South Korea) announced that it will begin construction of a pyrolysis oil plant by investing about 310 billion KRW by 2024 at the Seongmun National Industrial Complex in Dangjin, Chungnam to establish a plastic circulating economy while…
Air Products (Lehigh Valley, Pa.) and Mabanaft, through its subsidiary Oiltanking Deutschland, announced their intention to build Germany's first large-scale, green energy import terminal in the Port of Hamburg. This joint development agreement is an important step towards the development…
Chevron Phillips Chemical (CPChem; The Woodlands, Tex.) held a groundbreaking ceremony for the expansion of the polyalphaolefin (PAO) unit at its Beringen facility in Belgium. The ceremony was witnessed by His Excellency U.S. ambassador Adler, the Flemish minister of Economy,…
OMV Petrom S.A. (Bucharest, Romania) has begun production of AdBlue, an essential product for reducing emissions of diesel engines. In the first phase, AdBlue will be sold in OMV and Petrom filling stations and starting next year it will be…
Aramco (Dhahran, Saudi Arabia) is making its biggest ever investment in South Korea to develop one of the world’s largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, in line with the company’s strategy to maximize the crude to chemicals…
Evonik Industries AG (Essen, Germany) has started manufacturing commercial quantities of ceramides - a special class of lipids - at its site in Dossenheim near Heidelberg in Germany. Maximizing capacity utilization at the Dossenheim site provides Evonik with further flexibility and…
Sinarmas Cepsa Pte Ltd (SCPL) and its parent companies, the chemicals business of Cepsa (Madrid, Spain) and agribusiness Golden Agri-Resources (GAR), signed a Memorandum of Understanding to expand the production of bio-based chemicals at SCPL’s site in Lubuk Gaung, Indonesia.…
Pertamina Power Indonesia (Pertamina NRE), Keppel Infrastructure, through Keppel New Energy Pte. Ltd., and Chevron Corp., through Chevron New Energies International Pte. Ltd. (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green…
INVISTA (Wichita, Kan.) announced that its nylon site in South Carolina hosted a groundbreaking ceremony for a new nylon polymer facility, a milestone that represents the site’s transformation to a global-scale nylon 6,6 production facility. The highly anticipated 90,000-square-foot facility…
The preliminary value for the CE Plant Cost Index (CEPCI) for September 2022 (most recent available) fell for the third consecutive month, following after a long string of increases between November 2020 and June 2022. For the September preliminary data,…