Phillips 66 (Houston; www.phillips66.com) announced that it is expanding its Sweeny Hub in Texas with the addition of three fractionators, each with capacity of 150,000 barrels per day (bbl/d). Fracs 2 and 3 are anticipated to start up in the…
BP plc (London; www.bp.com) has developed an enhanced recycling technology, BP Infinia, that enables currently unrecyclable polyethylene terephthalate (PET) plastic waste to be diverted from landfill or incineration and instead transformed back into new, virgin-quality feedstocks. BP plans to construct…
Within the framework of the Russia-Africa Economic forum, a memorandum of understanding (MoU) was signed between JSC Uralchem (Moscow, Russia; www.uralchem.com) and Grupo Opaia S.A. (Luanda, Angola) that provides the creation of a joint ammonia and urea production complex. The…
According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.3 percent in September following declines of 0.2 percent in August and 0.7 percent in July. During September, chemical output…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes ended the third quarter on soft note, falling 0.1 percent in September after rising 0.2 percent in August. Of the 28 specialty chemical segments that…
Total S.A. (Paris, France; www.total.com) today announces that it will focus its global venture fund on fostering carbon neutrality. The fund will increase its capital to a cumulative $400 million within five years. Its investments will support start-ups that develop…
Linde plc (Guilford, U.K.; www.linde.com) has acquired a minority stake in ITM Power plc (Sheffield, U.K.; www.itm-power.com), a British manufacturer of polymer electrolyte membrane (PEM) electrolyzers for the electro-chemical splitting of water into hydrogen and oxygen. The transaction, which was…
ABB (Zurich, Switzerland; www.abb.com) is providing instrumentation and electrification solutions to power Australia’s first Hydrogen Liquefaction and Loading Terminal at the Port of Hastings in Victoria as part of the ‘world-first’ Hydrogen Energy Supply Chain (HESC) pilot project. The HESC…
Neste Corp. (Espoo, Finland; www.neste.com) and REMONDIS, one of the world's largest privately owned recycling, service and water companies, have signed an agreement to collaborate in the development of chemical recycling of plastic waste. The companies will focus on developing…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Ulsan PP Co., a joint venture between PolyMirae Company Ltd., a 50-50 partnership of LyondellBasell and Daelim, and SK Advanced broke ground in the southeastern port city of Ulsan, South Korea. This new…