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.
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Aramco has completed a US$3.4 billion purchase to acquire a 10% interest in Rongsheng Petrochemical Co. Ltd.
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 has entered into negotiations with OMV about the potential creation of a new combined petrochemicals holding entity.
For the first time in the MENA region, TotalEnergies, Aramco and SABIC have converted oil derived from plastic waste into circular polymers.
Technip Energies and LanzaTech Global, Inc. have signed a joint collaboration agreement to create a new pathway to sustainable ethylene.
Technip Energies has been selected by Aramco for the project management consultancy (PMC) contract to develop the master plan for Ras Al Khair, a new industrial city in Saudi Arabia.
US ethane exports averaged 537 000 bpd in March 2023 – an all-time high since the US began exporting ethane nearly a decade ago.
In 2022, US ethane demand increased by approximately 9%, or almost 0.2 million bpd, to support the growing petrochemical industry.
These works are part of the Refinery Development Master Plans (RDMP) launched by PT Pertamina to revitalise the Cilacap, Balongan, Dumai, and Balikpapan refineries to improve their production capacity and competitiveness.
DORIS and Axens have entered in a partnership to jointly develop integrated carbon capture, utilisation and storage (CCUS) services.
Numaligarh Refinery Ltd. is expanding its refining capacity from its current 3 million tpy to 9 million by installing a new 6 million tpy capacity Crude Oil Distillation Unit / Vacuum Distillation Unit and associated downstream process units as part of the NREP.
Shell and Dow have started up an experimental unit to electrically heat steam cracker furnaces at the Energy Transition Campus in Amsterdam, the Netherlands, bringing the companies a step closer to decarbonising petrochemical manufacturing.