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Home/News/Petrochemicals

Petrochemicals News

Browse the latest petrochemicals news and articles.

Downstream petroleum workforce could face potential skills shortages
25 Jul 20232 min read

Downstream petroleum workforce could face potential skills shortages

According to a new report published by Cogent Skills, the downstream petroleum workforce must be part of the net zero transition or employers will face skills shortages.

LyondellBasell acquires share in Dutch plastic recycling company
25 Jul 20231 min read

LyondellBasell acquires share in Dutch plastic recycling company

LyondellBasell has acquired a 50% stake in Stiphout Industries – a company involved in the sourcing and processing of post-consumer plastic packaging waste.

Aramco to acquire a stake in Rongsheng Petrochemical
24 Jul 20231 min read

Aramco to acquire a stake in Rongsheng Petrochemical

Aramco has completed a US$3.4 billion purchase to acquire a 10% interest in Rongsheng Petrochemical Co. Ltd.

NOVA Chemicals to develop new mechanical recycling facility
21 Jul 20232 min read

NOVA Chemicals to develop new mechanical recycling facility

NOVA Chemicals is investing in the development of the company’s first mechanical recycling facility, operated by Novolex.

Zeolyst and Valoregen announce programme for advanced plastic recycling technologies
20 Jul 20232 min read

Zeolyst and Valoregen announce programme for advanced plastic recycling technologies

Zeolyst, an Ecovyst Inc. JV, and Valoregen have announced that they will cooperate to develop advanced recycling technologies utilising Zeolyst’s portfolio of zeolites.

ING: decarbonisation of petrochemicals requires increased cross-sector efforts
19 Jul 20233 min read

ING: decarbonisation of petrochemicals requires increased cross-sector efforts

The petrochemical sector's CO2 emissions grew by 41% between 2010 – 2020. To reach net zero emissions by 2050, the sector’s direct emissions need to decrease by 12% between 2020 – 2030.

Masdar, Mitsubishi Chemical Group and INPEX explore potential polypropylene production
19 Jul 20232 min read

Masdar, Mitsubishi Chemical Group and INPEX explore potential polypropylene production

Masdar, Mitsubishi Chemical Group and INPEX are collaborating to explore setting up the world’s first commercial-scale e-polypropylene production in Abu Dhabi, UAE.

ADNOC enters into formal negotiations with OMV
18 Jul 20231 min read

ADNOC enters into formal negotiations with OMV

ADNOC has entered into negotiations with OMV about the potential creation of a new combined petrochemicals holding entity.

TotalEnergies, Aramco and SABIC successfully process oil from plastic waste
18 Jul 20232 min read

TotalEnergies, Aramco and SABIC successfully process oil from plastic waste

For the first time in the MENA region, TotalEnergies, Aramco and SABIC have converted oil derived from plastic waste into circular polymers.

Sulzer opens new European service centre
12 Jul 20232 min read

Sulzer opens new European service centre

Sulzer has announced the opening of its purpose-built Lausitz Service Center, which offers technically advanced repair and upgrade capabilities for all types of rotating equipment.

Technip Energies and LanzaTech to collaborate on CO2-to-ethylene technology
11 Jul 20232 min read

Technip Energies and LanzaTech to collaborate on CO2-to-ethylene technology

Technip Energies and LanzaTech Global, Inc. have signed a joint collaboration agreement to create a new pathway to sustainable ethylene.

INEOS to acquire TotalEnergies’ petrochemical assets at Lavera
5 Jul 20232 min read

INEOS to acquire TotalEnergies’ petrochemical assets at Lavera

INEOS is to acquire Naphtachimie, Gexaro and Appryl, currently 50:50 joint ventures between INEOS and TotalEnergies at Lavera in southern France.

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