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ExxonMobil will build its first large-scale waste plastic chemical recycling facility
Time of Update: 2021-12-04
The new facility is planned to be constructed after ExxonMobil completed the verification of an initial test of a proprietary chemical recycling process that converts plastic waste into raw materials .
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EIA: U.S. natural gas production is expected to set annual record
Time of Update: 2021-12-04
The EIA report stated that as of early November, the average export volume of pipeline natural gas to Mexico was 5.
In terms of prices, Nally said that EIA expects the Henry Hub, the US natural gas price benchmark, to remain at the current level from November to March of the following year, with an average price of US$4.
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From January to September, Russia's PE production increased by 10% year-on-year
Time of Update: 2021-12-04
From January to September this year, Russia's high-density polyethylene (HDPE) production reached 1.
The output of low-density polyethylene (LDPE) was 485,700 tons, a year-on-year increase of 4% .
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India's Reliance Industries withdraws from U.S. shale gas business
Time of Update: 2021-12-04
A company statement stated that Reliance Eagleford Upstream Holdings, a wholly-owned subsidiary of Reliance Industries, announced that it has signed an agreement with Ensign Operating III, a Delaware limited liability company, to divest its Eagleford Shale area.
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U.S. federal investigation is difficult to stabilize oil prices
Time of Update: 2021-12-04
Based on this, the author believes that regardless of the reason for the soaring prices of refined oil products in developed countries in Europe and the United States, it is difficult for oil and gas companies to effectively stabilize oil prices through financial investigations of oil and gas companies .
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Russian coking coal exports remain high
Time of Update: 2021-12-04
According to recent data from the General Administration of Customs of the Russian Federation, in September, Russia’s exports of coking coal amounted to 3.
In September, the export value of Russian coking coal was US$439 million, a year-on-year increase of 90.
From January to September, Russia’s exports of coking coal totaled 23.
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Trinseo seeks comprehensive transformation: Strengthening of specialty materials business in 4 key areas
Time of Update: 2021-12-04
The CEO of Trinseo stated that the company will seek to strengthen the chemical business, especially the specialty materials business, to make it a stronger player in four key areas-automotive, construction, medical and consumer products .
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Westlake Chemical acquires Hexion epoxy resin business
Time of Update: 2021-12-04
Sinochem News Network reported on November 24 that Westlake Chemical of the United States stated that it would acquire the global epoxy resin business of Hexion, a specialty chemicals company, for approximately US$1.
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ADNOC and Borealis invest USD 6.2 billion to expand polyolefin production base
Time of Update: 2021-12-04
Recently, Abu Dhabi National Oil Company (ADNOC) and Borealis signed a cooperation agreement worth 22 billion dirhams (approximately 6.
After commissioning, Borouge's polyolefin complex facility increased its production capacity to 6.
4 million tons per year, making it the world's largest monomer polyolefin complex .
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"Dual Carbon" is the biggest opportunity in the polyurethane industry chain-Interview with Pan Lumin, President of Huntsman Polyurethanes Asia Pacific
Time of Update: 2021-12-04
In Pan Lumin's view, to promote carbon emission reduction across the entire industry chain of the construction industry, we must not only pay attention to green buildings, but also explore a low-energy operation model .
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Sailun Cambodia semi-steel radial tires put into production
Time of Update: 2021-12-04
(Sailun CART factory) annual production of 9 million sets of high-performance semi-steel radial tire project commissioning ceremony was held in Svay Rieng Province, Cambodia .
As a result, Sailun Group has become the only Chinese tire company that can produce tire products in two overseas countries .
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Brazil's oil exports fell year-on-year
Time of Update: 2021-12-04
Analysts pointed out that the decline in Brazil's oil exports involves multiple factors, including the gradual recovery of domestic fuel consumption, the decline in oil production, and the reduction in import demand from China, the main export destination .
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Huntsman and Huahai Spandex jointly promote the "Green Spandex" project
Time of Update: 2021-12-04
It is reported that Huntsman will develop customized Teluoyou polyester polyol products for Huahai Spandex that meet the requirements, so that the green special spandex products have better performance and lower carbon footprint, thereby enabling the green upgrade of the spandex industry .
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Spain Cepsa considers divesting chemical business to raise funds for green transformation
Time of Update: 2021-12-04
Cepsa said the company has initiated a process to provide "greater autonomy" to its core business, which includes the chemical business .
Flexibility, we have launched a program to provide greater autonomy for our core business .
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Brazil's base oil production keeps rebounding
Time of Update: 2021-12-04
Brazil imported 244,000 tons of base oil in the third quarter, an increase of 55% from 157,000 tons in the same period last year, and an increase of 43% from 171,000 tons in the third quarter of 2019 .
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Commercialization of the world's largest hydrogen production equipment
Time of Update: 2021-12-04
Recently, Asahi Kasei announced that the company will commercialize the world's largest hydrogen production equipment in 2025 .
By advancing the mass production of large equipment, the company plans to reduce the current 1 kilowatt 200,000 yen equipment price to 50,000 yen by 2030, which can reduce the hydrogen price to about 1/3 of the circulating price.
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Arkema joins hands with One Foundation to renew the "Water Purification Plan"
Time of Update: 2021-12-04
In the past two years, Arkema and its special surfactant leader Arkema-Amaizi have invested a total of 400,000 yuan to help rural schools improve the drinking water environment, and equip children with children’s safe drinking cups and carry out drinking water and health training.
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Russia's PVC production growth
Time of Update: 2021-12-04
From January to October, SayanskKhimPlast produced 254,300 tons of polyvinyl chloride, compared with 243,800 tons in the same period last year; the total resin output of Basque Hill Soda reached 222,300 tons, which was basically the same as last year; The total output of resin was 62,700 tons, the same as last year .
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ExxonMobil sells 50% stake in Black Sea Deepwater Natural Gas for US$1.06 billion
Time of Update: 2021-12-04
Once the transaction is completed, ExxonMobil will transfer the right to operate the Neptun Deep project to Bucharest-based OMV Petrom, which will own another 50% of the shares .
According to OMV Petrom, since ExxonMobil first invested in the project in 2008, the two companies have spent more than $1.
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Southwest Energy acquires GEP Haynesville for US$1.8 billion
Time of Update: 2021-12-04
According to news from World Petroleum on November 4, Southwest Energy Corporation announced that it has reached a final agreement with GEP Haynesville, LLC, the third largest private producer of Haynesville.
" After the transaction is completed, Southwest Energy will produce approximately 4.
