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    • 24 January, 2023

    ADNOC starts new business venture ADNOC Gas

    ADNOC starts new business venture ADNOC Gas
    MOSCOW (MRC) -- Abu Dhabi National Oil Co (ADNOC) announced the formation of, ADNOC Gas, effective 1 Jan 2023, a new worldscale gas processing, operations and marketing company, said Upstreamonline.AD...
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    #petrochemistry #news #PP #PE #petroleum products #ADNOC #MRC #polymers #petroleum #Siraya neft More 1 +Add all tags to filter
    • 24 January, 2023

    Saint-Gobain strengthens its presence in construction chemicals

    Saint-Gobain strengthens its presence in construction chemicals
    MOSCOW (MRC) -- Saint-Gobain, through its Chryso business, has completed the acquisition of Matchem in Brazil and entered into exclusive negotiations to acquire IDP Chemicals in Egypt, said the compan...
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    #petrochemistry #news #Saint-Gobain #MRC #coatings #construction #compounding +Add all tags to filter
    • 24 January, 2023

    UNDP partners with HUL to improve plastic circularity in India

    UNDP partners with HUL to improve plastic circularity in India
    MOSCOW (MRC) -- The United Nations Development Programme (UNDP) has partnered with Hindustan Unilever (HUL), a subsidiary of Unilever, to improve plastic circularity in India, said Packaging-gateway.T...
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    #petrochemistry #India #news #PP #PS #PE #MRC #recycling #packaging #polymers More 2 +Add all tags to filter
    • 24 January, 2023

    Lotte Chemical exits PTA business with sale of Pakistan subsidiary

    Lotte Chemical exits PTA business with sale of Pakistan subsidiary
    MOSCOW (MRC) -- South Korean producer Lotte Chemical is exiting the purified terephthalic acid (PTA) business with the sale of its 75.01% stake in LCPL (LOTTE CHEMICAL Pakistan Ltd), said Koreanpost.T...
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    #petrochemistry #PET-granulate #terephthalic acid #South Korea #news #PP #PE #Lotte Chemical #MRC #polymers +Add all tags to filter
    • 24 January, 2023

    Sasa announced Honeywell licensing deal for propylene plant

    Sasa announced Honeywell licensing deal for propylene plant
    MOSCOW (MRC) -- Turkey’s Sasa Polyester has announced a licensing deal with Honeywell UOP for a 1m tonne/year propylene production plant based on propane dehydrogenation (PDH) technology, said the com...
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    #petrochemistry #homopolymer PP #PP block copolymer #PP random copolymer #Turkey #news #PP #polyester #polyether #Sasa Polyester More 3 +Add all tags to filter
    • 24 January, 2023

    Masdar partners with SOCAR to develop renewable energy projects with 4 GW capacity

    Masdar partners with SOCAR to develop renewable energy projects with 4 GW capacity
    MOSCOW (MRC) -- One of the world’s leading energy companies, Masdar has signed joint development agreements with Azerbaijan’s State Oil Company SOCAR, for onshore wind and solar projects and integrate...
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    #petrochemistry #Azerbaijan #news #PP #PE #petroleum products #SOCAR Polymer #SOCAR #MRC #polymers More 2 +Add all tags to filter
    • 24 January, 2023

    Novatex withdraws offer to acquire 75% holding in Lotte Chemical

    Novatex withdraws offer to acquire 75% holding in Lotte Chemical
    MOSCOW (MRC) -- Novatex Limited has withdrawn its public announcement of intention (PAI) to acquire 75.01% shares of Lotte Chemical Pakistan Limited (LOTCHEM), said Pakistantoday.The announcement was ...
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    #petrochemistry #PET-granulate #terephthalic acid #South Korea #news #PP #PE #Lotte Chemical #MRC #polymers +Add all tags to filter
    • 24 January, 2023

    Hara Capital completes acquisition of Trafigura interest in Nayara

    Hara Capital completes acquisition of Trafigura  interest in Nayara
    MOSCOW (MRC) -- Trafigura Group said it has completed the sale of its 24.5% indirect minority stake in downstream energy and petrochemicals company Nayara Energy to Hara Capital, a wholly-owned subsid...
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    #petrochemistry #homopolymer PP #PP random copolymer #PP-stat #India #news #PP #Propylene #MRC #polymers More 1 +Add all tags to filter
    • 24 January, 2023

    Summit Plastics buys flexible packaging company Fredman Bag

    Summit Plastics buys flexible packaging company Fredman Bag
    MOSCOW (MRC) -- US-based custom packaging provider Summit Plastics has acquired Tim Fredman’s Fredman Bag Company, a flexible packaging company in Wisconsin, said Packaging-gateway.Based in Milwaukee,...
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    #petrochemistry #USA #news #JG Summit Petrochimcal #MRC #recycling #packaging +Add all tags to filter
    • 24 January, 2023

    Covestro and Lanxess cooperate to produce more sustainable raw materials

    Covestro and Lanxess cooperate to produce more sustainable raw materials
    MOSCOW (MRC) -- Covestro and LANXESS are cooperating in the energy-intensive production of basic chemicals at their Lower Rhine sites in Germany and make them more climate friendly, said the company.L...
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    #petrochemistry #kausticheskaya soda #news #Chlorine #Lanxess #Covestro #MRC #compounding #compounds #Neorganicheskie produkti +Add all tags to filter
    • 23 January, 2023

    Air Products, Aramco, ACWA close second financial round on Jazan Saudi Arabia JV

    Air Products, Aramco, ACWA close second financial round on Jazan Saudi Arabia JV
    MOSCW (MRC) -- Air Products announced financial close and transfer of the second group of assets for the USD12 billion gasification and power joint venture (JV) with Aramco, ACWA Power and Air Product...
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    #petrochemistry #Saudi Arabia #news #petroleum products #Air Products #MRC #sustainable development #petroleum #petrochemistry #gas processing +Add all tags to filter
    • 23 January, 2023

    China orders investigation into explosion at Panjin Haoye chemical factory

    China orders investigation into explosion at Panjin Haoye chemical factory
    MOSCOW (MRC) -- China's State Security Commission has ordered an investigation into the recent explosion at Panjin Haoye Chemical Co Ltd's factory, according to a statement from the Liaoning provincia...
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    #petrochemistry #China #news #PP #PE #petroleum products #MRC #polymers #petroleum #Siraya neft +Add all tags to filter
    • 23 January, 2023

    SK Geo, Plastic Energy firm agreement for plastic recycling complex in Asia

    SK Geo, Plastic Energy firm agreement for plastic recycling complex in Asia
    MOSCOW (MRC) -- SK Geo Centric, a subsidiary of SK Innovation’s, has signed a contract with British company Plastic Energy, which specializes in chemical recycling of plastic waste, completing the “la...
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    #petrochemistry #South Korea #news #PP #PE #petroleum products #SK Corporation #MRC #recycling #polymers More 2 +Add all tags to filter
    • 23 January, 2023

    IOC posts strong net profit growth

    IOC posts strong net profit growth
    MOSCOW (MRC) -- Indian Oil Corporation (IOC) has recorded an almost 17-fold growth in standalone net profit to Rup 21,836 crore for the financial year ended 31 Mar 2021 (FY 2020-2021), from Rup 1313 c...
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    #petrochemistry #India #news #PP #PE #petroleum products #Indian Oil Corp #MRC #polymers #petroleum More 1 +Add all tags to filter
    • 23 January, 2023

    BASF shareholders say Russia exit sets up oil and gas IPO

    BASF shareholders say Russia exit sets up oil and gas IPO
    MOSCOW (MRC) -- BASF investors said that oil and gas business Wintershall Dea's exit from Russia, though painful, clears the way for plans to take it public and for BASF to focus on its chemicals oper...
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    #petrochemistry #news #petroleum products #crude oil #BASF #MRC #coatings #compounding #compounds #petroleum More 1 +Add all tags to filter
    • 23 January, 2023

    TotalEnergies CEO says refineries will not be disrupted by strike day

    TotalEnergies CEO says refineries will not be disrupted by strike day
    MOSOCW (MRC) -- The chief executive of oil major TotalEnergies said this week that strikes against France's planned pension reform should not disrupt operations at refineries, adding that petrol stati...
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    #petrochemistry #styrene #news #PS #petroleum products #crude oil #Total Petrochemicals #Lanxess #MRC #polymers More 2 +Add all tags to filter
    • 23 January, 2023

    Reliance Industries hit by unexpected drop in quarterly profit

    Reliance Industries hit by unexpected drop in quarterly profit
    MOS OW (MRC) -- Reliance Industries Ltd., helmed by billionaire Mukesh Ambani, posted a larger-than-expected quarterly profit as growth in its consumer units offset the weakness in its traditional pet...
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    #petrochemistry #India #news #PVC #PE #petroleum products #Reliance Industries #MRC #polymers #petroleum More 1 +Add all tags to filter
    • 23 January, 2023

    Saudi Arabia stays top crude supplier to China in 2022, Russian barrels surge

    Saudi Arabia stays top crude supplier to China in 2022, Russian barrels surge
    MOSCOW (MRC) -- Russia remained China's second-largest source of crude oil in 2022, following repeat top supplier Saudi Arabia, as Chinese refiners snapped up low-cost Russian barrels while Western co...
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    #petrochemistry #China #news #petroleum products #crude oil #Sinopec #MRC #petroleum #Siraya neft +Add all tags to filter
    • 23 January, 2023

    Nuberg EPC wins 550 TPD sulfuric acid plant project in Czech Republic

    Nuberg EPC wins 550 TPD sulfuric acid plant project in Czech Republic
    MOSCOW (MRC) -- Nuberg EPC, the leading Indian Global EPC and turnkey project management company announced that it has been awarded the prestigious 550 TPD Sulfuric Acid Plant project on EPC based con...
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    #petrochemistry #kausticheskaya soda #news #MRC +Add all tags to filter
    • 23 January, 2023

    Taiyo Oil to shut 2 CDUs at Shikoku refinery in summer for maintenance

    Taiyo Oil to shut 2 CDUs at Shikoku refinery in summer for maintenance
    MOSCOW (MRC) -- Japanese oil refiner Taiyo Oil Co plans to shut two crude distillation units (CDUs) at its 138,000 barrel-per-day (bpd) Shikoku refinery in western Japan in the summer for scheduled ma...
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    #petrochemistry #styrene #Japan #news #PVC #PS #petroleum products #Taiyo Vinyl #MRC #polymers More 1 +Add all tags to filter
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