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Dow and Mura plan to build Europe's largest plastics recycling plant in Germany
Time of Update: 2022-09-20
The planned Bolen plant in Germany will be co-located with Dow's manufacturing facilities, which will greatly improve the processing capacity of plastic waste.
The planned Bolen plant in Germany will be co-located with Dow's manufacturing facilities, which will greatly improve the processing capacity of plastic waste.
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The EU coordinates its energy policy stance in response to high energy prices
Time of Update: 2022-09-20
Czech Minister of Industry and Trade, the rotating presidency of the European Union, Joseph Sikla, said at a press conference on the same day that the meeting agreed on a common direction for emergency measures.
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Eni enters Qatar's largest LNG project in the world
Time of Update: 2022-09-14
Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of Qatar Energy, and Claudio Descalzi, CEO of Eni Group, signed a cooperation agreement on the new joint venture at a formal ceremony on Sunday.
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Imperial Oil signed a low-carbon hydrogen supply agreement with Air Products
Time of Update: 2022-09-14
According to the MRCHUB website reported in Moscow on September 7, Imperial Oil said that it signed a long-term contract with Air Products, which will provide low-carbon hydrogen for its proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta.
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Eni plans to acquire BP's Algerian gas business
Time of Update: 2022-09-14
The two assets, called "In Salah" and "In Amenas," are jointly operated by Algerian national oil company Sonatrach and Statoil.
The two assets, called "In Salah" and "In Amenas," are jointly operated by Algerian national oil company Sonatrach and Statoil.
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ExxonMobil and Shell intend to sell a $1.5 billion gas joint venture
Time of Update: 2022-09-14
According to the oil price network reported on September 6, Reuters on Tuesday quoted industry sources and a document it had read that superstar ExxonMobil and Shell were considering selling their NAM gas production joint venture in the Netherlands, with each side accounting for half, with a potential sale value of up to $1.
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The UAE plans to capture 25% of the global low-carbon hydrogen market
Time of Update: 2022-09-14
The Green Hydrogen Project, implemented by dubai's Electricity and Water Authority (Dewa) in partnership with Expo 2020 Dubai and Siemens Energy at the Mohammed Bin Rashid Al Maktoum Solar Park, is a key project supporting the UAE's efforts to achieve global competitiveness in the green hydrogen market, according to a report by the EMI news agency WAM.
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Baker Hughes reorganized the simplified organizational structure into two business units
Time of Update: 2022-09-14
Baker Hughes, the world's third-largest oilfield services company, said on Tuesday that Baker Hughes will simplify its organizational structure from October 1, reducing its business units from 4 to 2, according to the Offshore Engineer Network reported on September 6, 2022.
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Indian lubricants market recovers
Time of Update: 2022-09-07
Hareesh Nalam, Project Manager, Energy Sector, Klein Company, said: "In 2021, India's motorcycle oil demand will grow significantly, which is the reason for driving the demand for lubricants in the consumer sector .
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Clariant sells quaternary ammonium business for $113 million
Time of Update: 2022-09-07
Swiss specialty chemicals company Clariant said on Aug. 31 that it had reached a definitive agreement to divest its quaternary ammonium business to Singapore-based Global Amines for a deal worth $113 million.
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Global methanol market supply will be tight in the next few years
Time of Update: 2022-09-07
Recently, the world's major methanol producers OCI of the Netherlands and Messines predicted that driven by strong demand growth and limited capacity addition, the fundamentals of the global methanol market will remain healthy in the medium and long term, and the supply will tend to be tight .
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Air Liquide Tianjin new air separation project commissioned
Time of Update: 2022-09-07
Recently, Air Liquide announced that the new air separation unit at the Binhai plant in Tianjin, China has been successfully commissioned, enabling the supply of oxygen and nitrogen to its main customer, Rongcheng Steel Group.
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Lubrizol Songjiang base TPU production line put into operation
Time of Update: 2022-09-07
Cai Jie, senior director of Lubrizol's specialty polymers business in Asia Pacific, said: "The investment in the new production line shows Lubrizol's emphasis on the Asia-Pacific market and its firm confidence in long-term development .
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Milestone towards a comprehensive circular business – Executives from Covestro's Engineering Plastics Division talk about the MCR project and the circular economy development strategy
Time of Update: 2022-09-07
” On August 19, Wang Li, Global President of Covestro's Engineering Plastics Division, said in an interview with the media that the construction of its first physical recovery (MCR) production line dedicated to the blending of polycarbonate recycled materials at its Shanghai integration base is a strategic move on The road to Covestro's vision of comprehensive recycling, as well as a milestone for Covestro to continue to implement its circular economy commitments and achieve its climate neutrality targets by 2035.
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Two-pronged approach with HPCL to ensure energy security
Time of Update: 2022-09-07
Speed up refinery expansion and upgradeAccelerate the expansion and upgrading of refinery capacity HPCL said that in the first quarter of this fiscal year (April 2022 to March 2023), the company invested Rs 2,809 crore in upgrading refinery and oil product marketing infrastructure, including equity investments in joint ventures and subsidiaries .
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Britain's energy imports to Russia are cleared
Time of Update: 2022-09-07
These measures have led to a sharp drop in the amount of energy the UK has imported from Russia since March, and in June it will no longer import any refined oil, crude oil, natural gas, coal, coking coal, etc.
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Tianchen Kazakhstan IPCI project key equipment commissioning
Time of Update: 2022-09-07
, a subsidiary of China Chemical, successfully commissioned the extruder of the key equipment of the 500,000 tons/year polypropylene unit in Kazakhstan, which was undertaken by China Chemical Co.
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Norway's natural gas production could last until 2030
Time of Update: 2022-09-07
According to a forecast released by the Norwegian government in May, Norway's natural gas production is expected to reach 122 billion cubic meters this year, an increase of 8% year-on-year and possibly surpassing the record set five years ago .
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INEOS acquires Mitsui Phenol
Time of Update: 2022-09-07
On August 26, INEOS announced that the company will acquire all the assets of Mitsui Phenol Co.
On August 26, INEOS announced that the company will acquire all the assets of Mitsui Phenol Co.
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Due to equipment maintenance of the "Nord Stream-1" natural gas pipeline, the gas supply was stopped for 3 days
Time of Update: 2022-09-07
In mid-June, Gazprom reduced the supply of natural gas destined for Germany via the Nord Stream-1 pipeline by almost 60 percent, to no more than 67 million cubic meters per day, citing Siemens' failure to return the turbines sent by Gazprom for repairs in a timely manner.
