Refining, Petrochemicals, Gas Processing

W. R. Grace & Co. Welcomes New UNIPOL® Polypropylene Technology Licensee in Egypt

W. R. Grace & Co. (Grace), the leading independent supplier of polyolefin catalyst and polypropylene (PP) technology, has licensed its UNIPOL® PP technology to Red Sea National Petrochemicals Co. (Red Sea Co.). As a leading force driving further development of the petrochemicals industry in Egypt, Red Sea Co. is establishing a state-of-the-art, integrated refinery and petrochemicals complex to produce polyolefins, as well as PET polyester.

W. R. Grace & Co. welcomes new UNIPOL® Polypropylene Technology Licensee in Indonesia

W. R. Grace & Co. (Grace) the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) technology, has received a commitment from PT Kilang Pertamina International (PT KPI) to use Grace’s UNIPOL® PP technology, which is part of its larger initiative, the Trans-Pacific Petrochemical Indotama (TPPI) Olefin Complex Development Project in Indonesia. This project will empower PT KPI to increase refinery and polyolefin capacity by addressing the gap between strong demand growth of petrochemicals and the shortage in domestic production capacity.

Neste launches a strategic study on transitioning its Porvoo refinery to a renewable and circular site and ending crude oil refining in the mid-2030s

Building on its capability of proactive transformation, Neste launches a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site.

Louisiana Judge Cancels Air Permits for $9.4 Billion Dollar Plastics Plant

Louisiana District Judge Trudy White canceled state air permits this week belonging to a proposed $9.4 billion dollar plastics complex in St. James Parish, headed by Formosa Plastics. This announcement pushes this project further back from any new progress, as it has faced local and environmental opposition for nearly three years now.

Reliance Industries Announces Five Year Plan for its Oil to Chemicals Business

Reliance Industries Limited (RIL) Chairman Mukesh Ambani spoke at the company’s 45th Annual General Meeting this week, and he outlined some goals for the next five years of RIL’s petrochemical development. Mr. Ambani stated that “We are committed to maximize oil to chemicals integration and convert our advantageous feedstock streams to high-value chemicals and green materials."

L&T Wins (Large*) Contract from Indian Oil Corporation

IOCL is implementing the Panipat Refinery Expansion (P-25) Project to enhance refining capacity from 15 MMTPA to 25 MMTPA to meet the growth in demand of petroleum products and to increase their profitability and competitiveness in the long run. The engineering, procurement, construction, and commissioning (EPCC) contract is for setting up a Residue Hydrocracker Unit (RHCU) for this P-25 Project. The RHCU is licensed by Axens (France) with a capacity of 2.5 MMTPA and will upgrade the Vacuum Residue (VR) to high-value commercial products (mainly diesel). The contract is awarded through international competitive bidding on a Lump Sum Turnkey (LSTK) basis.

BPCL Looks to Increase its Petrochemical Portfolio

Bharat Petroleum Corporation Ltd (BPCL) recently announced new strategies around its current businesses in its latest Annual Report, including new unit planning around its currently operating refineries.

Wood to Engineer Europe’s Most innovative Olefin Complex

Wood has secured a new contract with INEOS in excess of $100 million to deliver engineering, procurement, and construction management (EPCm) services for Project One, a new state-of-the-art petrochemicals complex in Antwerp, Belgium, which will deliver an ethane cracker with the lowest carbon footprint in Europe.

Southern Rock Energy Partners Proposes $5.6 Billion Dollar Refinery in Texas

Prairie Energy Partners, a subsidiary of Southern Rock Energy Partners LLC of Texas, has proposed a $5.6 billion-dollar new build refinery to be placed near Victoria, Texas. This site would have an eventual capacity of 250,000 barrels per day.

BP to Sell Interest in BP-Husky Toledo Refinery to Cenovus

BP has reached an agreement to sell its 50% interest in the bp-Husky Toledo Refinery in Ohio to Calgary-based Cenovus, its joint venture partner in the facility.

Aramco and Sinopec sign MoU to collaborate on projects in Saudi Arabia

audi Arabian Oil Company (“Aramco”) today signed a Memorandum of Understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) covering multiple areas of potential collaboration between the parties in Saudi Arabia.

Petrochina Launches $4.52 Billion Complex Expansion

According to Chinese state media, PetroChina has begun a program to expand an existing refinery in south China into an integrated petrochemicals complex. The costs for this expansion was reported to be $44.52 billion USD.

INEOS and SINOPEC Sign Three Significant Petrochemical Deals with an Aggregate Value of $7 Billion

INEOS and SINOPEC have today signed three back-to-back deals worth a combined value of $7bn. These landmark agreements are expected to generate a combined turnover of around $10bn from 7 million tonnes of capacity. The three agreements will significantly reshape INEOS’ petrochemicals production and technology in China.

Borealis announces the start-up of New Ethane Cracker at its Joint Venture Baystar in Port Arthur, Texas

Bayport Polymers LLC (“Baystar”), a 50/50 joint venture (JV) between Borealis and TotalEnergies, today announces the start-up of commercial operations of a new ethane cracker with an annual production capacity of one million tons of ethylene.

Technip Energies Awarded a Significant Contract by Neste for Renewable Products Refinery Expansion in Rotterdam

Technip Energies (PARIS:TE) has been awarded a significant(1) contract by Neste for the expansion of their renewable products production capacity in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Technip Energies and Neste.

BASF confirms final phase of MDI expansion at Geismar Verbund site

BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana. With this third step of its multiphase capacity expansion, BASF will increase production capacity to 600,000 metric tons per year by the middle of the decade and support the ongoing growth of its North American MDI customers. The company kicked off the expansion project in 2018 with a staggered approach consisting of three investment phases. The investment in the final expansion phase from 2022 to 2025 amounts to $780 million.

BASF Gives Final Approval for the Construction of the Zhanjiang Verbund Site

BASF SE today gave final approval for the construction of the planned Verbund site in Zhanjiang in the southern Chinese province of Guangdong. The project is on schedule. The focus will now be on building the core of the Verbund, which includes a steam cracker and several downstream plants for the production of petrochemicals and intermediates, among others. BASF will invest up to €10 billion by 2030 to build the new Verbund site.

Samsung Engineering wins USD 680 mil EPCC contract from Shell for a gas plant in Malaysia

Samsung Engineering, one of the world’s leading Engineering, Procurement, Construction and Project Management (EPC&PM) companies announced today, that it has received yesterday an Engineering, Procurement, Construction and Commissioning (EPCC) USD 680 mil contract from Sarawak Shell Berhad (SSB), for its OGP (Onshore Gas Plant for Rosmari Marjoram) project in Bintulu, Sarawak, Malaysia. The project will be executed in two phases; a limited scope prior to SSB obtaining its FID for the Rosmari Marjoram project; with all of the remaining scope to be executed after SSB obtains FID.

NTPC REL and GACL to collaborate in Renewable Energy and synthesizing Green Chemicals

n order to realize green energy and green hydrogen objectives and the GOI’s efforts towards carbon-neutrality economy, a Memorandum of Understanding (MoU) signed between NTPC RE Limited (NTPC REL) and Gujarat Alkalies and Chemicals Limited (GACL) on 6th July’2022 at New Delhi. The MoU was signed by Shri Harshad R Patel, IAS, Managing Director, GACL and Shri Mohit Bhargava, Chief Executive Officer, NTPC REL.

New Multi-miilion pound hydrogen-powered furnace arrives in Liverpool

A brand-new furnace capable of running on hydrogen has arrived at Liverpool Port. The furnace, which is part of a multimillion-pound investment by Essar Oil UK (EOUK), is heading for Stanlow in Ellesmere Port and will become the first hydrogen-powered furnace of its kind in the UK. It is a vital piece of kit to support the decarbonisation of Essar Stanlow’s operations.

Mexico President States that New Pemex Refinery Will Hit Full Capacity in 2023

Mexican President Andres Manuel Lopez Obrador recently stated that a new refinery owned by Pemex will indeed be operating at full capacity by 2023, though many in the downstream industry see 2024 as a more likely scenario.

Air Products Awarded Long-Term Hydrogen and Nitrogen Supply Agreement for Indian Oil Corporation

Air Products, a world leader in industrial gases and large-scale project development, execution and operation, today announced the signing of a long-term supply agreement with Indian Oil Corporation Limited (IOCL), India’s flagship national oil company. Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL’s Barauni Refinery in Bihar, India.

Ras Laffan Petrochemical Project Readies for Early Site Works

QatarEnergy and Chevron Phillips Chemical’s joint venture Ras Laffan Petrochemical Project, also known as RLPP, took a new step closer to development this week with a contract in place for early site works with Consolidated Contractors Company (CCC).

Topsoe technology to support Cresta’s renewable diesel and sustainable aviation fuel production in Canada

The Braya refinery is strategically located, with world-class logistics assets, to source global feedstocks and to sell the produced renewable fuels into the United States, Canada and Europe. The refinery will be world scale – one of the top 5 largest in the world at startup. The refinery’s hydrocracker and diesel hydrotreater will be revamped to produce renewable diesel and SAF from various renewable feedstocks.

Lummus and Clariant Awarded Contract for One of the World’s Largest PDH Units

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced it and its catalyst partner Clariant have been awarded a major contract by Fujian Meide to supply CATOFIN technology and catalysts for a new, world-scale propane dehydrogenation (PDH) unit in Fuzhou, China.

REUP Project Adds Wood Group for FEED Duties

Pakistan Refinery Limited (PRL) has signed an agreement with Wood Group UK Limited (Wood) in Dubai on May 19, 2022 appointing them as the Front End Engineering Design (FEED) Contractor for the Refinery Expansion and Upgrade Project (REUP). The Contract was signed by Mr. Zahid Mir, CEO and MD of PRL and Mr. Daniel Jennings, Head of Commercial, UK Projects of Wood. The signing ceremony was attended by Syed M. Taha, MD & CEO of Pakistan State Oil (PSO) and a member of PRL Board of Directors, certain other Board members and the leadership team of PRL, and senior representatives of Wood.

Sempra Infrastructure Signs Participation Agreement with TotalEnergies, Mitsui, Mitsubishi for Carbon Sequestration Project in Louisiana

Sempra Infrastructure, a subsidiary of Sempra, today announced it has signed a participation agreement with TotalEnergies, Mitsui & Co., Ltd. and Mitsubishi Corporation for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana.

TA’ZIZ EDC & PVC JV in Ruwais Adds Shaheen of UAE as Partner

TA’ZIZ recently announced that Shaheen Chemical Holdings of the UAE will become a partner in the proposed TZ’ZIZ EDC & PVC project to be placed in Ruwais’ TA’ZIZ Industrial Chemicals Zone. Shaheen will join existing partners Reliance Industries Ltd, ADNOC, and ADQ in the Abu Dhabi Chemical Derivatives Company RSC Ltd joint venture.

Parkland announces plans to expand co-processing activities and build British Columbia’s largest renewable diesel complex

Parkland Corporation announced plans to increase renewable fuel production at its Burnaby Refinery in British Columbia.

BP and Clean Planet Energy Reach Agreement to Help Advance the Circular Plastics Economy

bp has signed a ten-year offtake agreement with Clean Planet Energy, a UK-based company that is developing facilities to convert hard-to-recycle waste plastics into circular petrochemical feedstocks and also into ultra-low sulphur diesel (ULSD). Clean Planet Energy designs and builds facilities – which they refer to as ecoPlants – that are expected to process plastics typically rejected by traditional recycling centres and so would otherwise be sent to landfill or incineration.