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31 January, 2023

Petronas and ExxonMobil sign CCS project development agreements

MOSCOW (MRC) -- Petronas has signed two Project Development Agreements with ExxonMobil Exploration and Production Malaysia Inc. (ExxonMobil) to jointly pursue Carbon Capture and Storage (CCS) activati...

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31 January, 2023

Shell launches shake-up under new chief Wael Sawan

MOSCOW (MRC) -- Shell plans to restructure the way it runs its hydrocarbons and renewables businesses as part of changes being made under new chief executive Wael Sawan to improve performance and brin...

#petrochemistry #news #PP #PE #petroleum products #Shell #MRC #recycling #polymers #petroleum More 1 +Add all tags to filter

31 January, 2023

Recyclable materials for cars with additive specialties from Evonik

MOSCOW (MRC) -- A consortium of 19 leading industrial companies and research institutes, including the BMW Group, Evonik, Thyssenkrupp, the Fraunhofer Institute, and the Technical University of Munich...

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31 January, 2023

ExxonMobil awards FEED for world's largest low-carbon hydrogen facility

MOSCOW (MRC) -- ExxonMobil awarded a front-end engineering and design (FEED) contract to Technip Energies for a blue hydrogen project at its complex in Baytown, Texas, said the company. ExxonMobil des...

#petrochemistry #news #PP #PE #petroleum products #Exxon Mobil #MRC #polymers #petroleum #Siraya neft +Add all tags to filter

31 January, 2023

Origin Materials begins commissioning Sarnia biochemical plant

MOSCOW (MRC) -- California-based biochemical company Origin Materials has begun commissioning its first commercial manufacturing site in Sarnia, said the Observer.The company said in a statement Frida...

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31 January, 2023

European Parliament wants to ban the export of plastic waste to non-EU countries

MOSCOW (MRC) -- The European Parliament wants a ban on the export of plastic waste to countries outside the European Union, said Iede.news.The ban should come into effect in about three years. With th...

#petrochemistry #Europe #news #bioplastics #MRC #disposable tableware #containers/disposable tableware #disposable packaging +Add all tags to filter

31 January, 2023

Shenghong Refining and Chemical starts up a new VAM unit

MOSCOW (MRC) -- Shenghong Refining and Chemical has started up its new vinyl acetate monomer (VAM) unit around the second half of January 2023, said the company.The VAM unit has a capacity of 300,000 ...

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31 January, 2023

Indorama struggles in securing sufficient Philippine R-PET feedstock

MOSCOW (MRC) -- Indorama Ventures, which recently launched its first recycled polyethylene terephthalate (R-PET) plant in the Philippines in a joint venture (JV) with Coca-Cola Beverages Philippines (...

#petrochemistry #PET-granulate #APET-granulate #news #Indorama Ventures PLC #MRC +Add all tags to filter

31 January, 2023

QatarEnergy joins TotalEnergies and Eni on two exploration blocks

MOSCOW (MRC) -- TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon, said the company.The agreements were endorsed...

#petrochemistry #news #PP #PS #PE #Total Petrochemicals #Qatar Petrochemical #Eni #MRC #polymers More 2 +Add all tags to filter

31 January, 2023

Shinkong and Mitsubishi plan to increase R-PET capacity in Taiwan

MOSCOW (MRC) -- Thai Shinkong Industry Corporation (TSIC), which is a joint venture between Taiwan’s Shinkong and Japan’s Mitsubishi, will hike the nameplate capacity of its recycled polyethylene tere...

#petrochemistry #PET-granulate #monoethylene glycol (MEG) #APET-granulate #news #acryl #ACN #Mitsubishi Chemical #MRC #Akrilonitril More 1 +Add all tags to filter

30 January, 2023

Chevron annual profit doubles to record USD36.5 bn

MOSCOW (MRC) -- Chevron Corp. posted a record USD36.5 bn profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates, undercut by an asset writedowns and a re...

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30 January, 2023

Eastman Q4 income falls

MOSCOW (MRC) -- US-based specialty chemicals producer Eastman reported a sharp decline in Q4 net income because it reported fewer one-time benefits and a decline in sales, said the company.Income fell...

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30 January, 2023

ExxonMobil moves forward with largest renewable diesel facility in Canada

MOSCOW (MRC) -- ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will invest about USD560 million to move forward with construction of the largest renewable diesel facility in Cana...

#petrochemistry #news #petroleum products #crude oil #Biodizel #Exxon Mobil #MRC #petroleum #Siraya neft #Biodizel +Add all tags to filter

30 January, 2023

Hexpol posts higher earnings

MOSCOW (MRC) -- Hexpol (Malmo, Sweden), a polymer compounder, says net profits in the fourth quarter of 2022 grew by 40% year on year (YOY) to 624.0 million Swedish kronor (USD60.5 million) on sales u...

#petrochemistry #elastotermoplast #thermoplastic polyolefin #news #MRC #car components #construction #compounding +Add all tags to filter

30 January, 2023

Olin announced Q4 2022 results

MOSCOW (MRC) -- Olin Corporation announced financial results for the fourth quarter ended December 31, 2022, said the company.Fourth quarter 2022 reported net income was USD196.6 million, or USD1.43 p...

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30 January, 2023

Venezuela restarts largest refinery catalytic cracker after eight weeks

MOSCOW (MRC) -- Venezuela's state oil company PDVSA on Friday restarted the fluid catalytic cracker (FCC) of its 645,000 bpd Amuay refinery, the country's largest, following an outage that halted oper...

#petrochemistry #Venezuela #news #PP #PE #petroleum products #PDVSA #MRC #polymers #petroleum More 1 +Add all tags to filter

30 January, 2023

Roehm innovation center opens in Connecticut

MOSCOW (MRC) -- Roehm announced the opening of its flagship Innovation Center. This “Center of Excellence” is equipped with a state-of-the-art materials development laboratory, featuring advanced proc...

#petrochemistry #news #PVC #acryl #ACN #MRC #polymers #Akrilonitril #MMA (metilmetakrilat) +Add all tags to filter

30 January, 2023

Russian gasoline to be sent to Pakistan as EU import ban looms

MOSCOW (MRC) -- Independent Russian oil refiner Forteinvest has clinched a deal that will see Russian gasoline sent to Pakistan by land for the first time, two industry sources said on Friday, as Russ...

#petrochemistry #Russia #news #petroleum products #crude oil #BASF #MRC #petroleum #Siraya neft +Add all tags to filter

30 January, 2023

Shin-Etsu Chemical nine month results climb

MOSCOW (MRC) -- Shin-Etsu Chemical, a Japanese chemical maker, reported that its nine-month net income attributable to owners of parent climbed 63.8% to 578.52 billion yen from last year's 353.14 bill...

#petrochemistry #EPVC #SPVC #PVC paste #news #PVC #Shin-Etsu #MRC #polymers +Add all tags to filter

30 January, 2023

Trinseo announced Q4 net loss

MOSCOW (MRC) -- Trinseo said it expects a net loss from continuing operations of $367m-362m, which includes a pre-tax, non-cash goodwill impairment charge of USD297m related to its PMMA business and A...

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