South Korea
S-OIL Flying High with SHAHEEN Project for Expansion into Petrochemicals
S-OIL held a groundbreaking ceremony at the largest-ever domestic petrochemical project ‘SHAHEEN’ at the Ulsan Refinery. The Company is investing 9.258 trillion Won in the construction of the complex scheduled to be completed in 2026.
INEOS & LOTTE to build new 250,000 tonne Vinyl Acetate Monomer (VAM) Plant in Ulsan, South Korea
LOTTE INEOS Chemical has today announced plans to increase VAM production capacity from the current 450,000 tonnes to 700,000 tonnes with the addition of a third VAM plant. The new plant is scheduled to start-up by the end of 2025.
Hyphen Hydrogen Energy announces ammonia offtake MoUs with Approtium and Industrial Group
Hyphen Hydrogen Energy (Hyphen) has signed non-binding Memorandums of Understanding (MoUs) with two major industrial companies with the aim of Hyphen providing them with up to 750,000 tonnes of green ammonia annually.
Unique Crude-to-Chemicals Technology Set to Deploy in First Commercial Development
Lummus Technology, a global provider of process technologies and value-driven energy solutions, today announced that its licensed TC2CTM crude-to-chemicals technology will move forward in its first commercial deployment through S-Oil’s Shaheen Project in South Korea.
