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BASF pumps €20m into pyrolysis partnership

BASF is to invest €20 million ($17.7m) into Quantafuel, a specialist for the pyrolysis of mixed plastics waste and purification of pyrolysis oil, headquartered...

Holland Colours expands in Indonesia

In order to accommodate the strong demand for light blocking colourants in PET packaging for dairy applications, Holland Colours is expanding its manufacturing capacity...

PE prices spike in Asia after drone attacks

Spot prices of monoethylene glycol (MEG) and polyethylene (PE) have spiked in Asia, following news of the drone attacks on oil facilities in Saudi...

US PET market could face major shake-up

Meeting current US recycled plastics content goals by 2030 would significantly alter the region's PET resin and upstream aromatics markets, according to a report...

Aramco takes slice of Reliance’s petrochemicals business

Saudi Aramco is set to take a 20 per cent stake in Reliance Industries’ refining and petrochemical business. The deal is thought to be...

Indorama increases integration with $2bn acquisition

Huntsman Corporation has entered into a definitive agreement to sell its chemical intermediates business to Indorama Ventures in a deal worth nearly $2.08 billion. Under...

Petrochemical partnership proposes US project

Chevron Phillips Chemical (CP Chem) and Qatar Petroleum have signed an agreement to jointly pursue the development of a petrochemical complex on the US...

Chevron Phillips targets Nova Chemicals with $15bn bid

Chevron Phillips (CPCHEM) could be set to become the third largest polyethylene producer in North America – after ExxonMobil and Dow Chemical – if...

LyondellBasell and Braskem end merger talks

Petrochemical firms LyondellBasell and Braskem have jointly ended talks over a potential merger, with the former insisting that its appetite for growth and investment...

Ineos targets geographical diversification with Saudi commitment

Ineos is to spend $2 billion building three chemicals plants in Saudi Arabia, in what Wood Mackenzie Chemicals calls a “geographical diversification for the...

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