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ExxonMobil commits to $2bn Baytown expansion

ExxonMobil has confirmed that it will proceed with a $2 billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000...

Rising prices hit SABIC profits

A rise in global prices of some primary products used in the production of petrochemicals has contributed to a 38 per cent drop in...

Eastman ramps up circular economy credentials

US-based Eastman has unveiled its second new recycling solution within a month. The company’s carbon renewal technology is capable of recycling complex plastics waste,...

Saudi Aramco to buy majority share in SABIC

Saudi Aramco has agreed to acquire a 70 per cent majority stake in SABIC from the Public Investment Fund of Saudi Arabia in a...

More than $200bn to be invested in US petrochemicals

The US petrochemicals industry is experiencing an investment renaissance, with more than $200 billion to be invested, said the senior vice president of Wood...

Sibur primed to ramp up polypropylene production

Polypropylene production is set to tip one million tonnes a year at Sibur’s Tobolsk facilities, after the Russian petrochemical firm’s ZabSipNeftekhim project nears completion. The...

ExxonMobil commits to polypropylene expansion on Gulf Coast

Petrochemical giant ExxonMobil will fund the construction of a polypropylene production unit in Baton Rouge, Texas, that will expand capacity along the US Gulf...

Self-sufficient China still a big target for ethylene imports

Competition to import ethylene and ethylene derivates into China will likely become tougher this year despite the country becoming increasingly self-sufficient. Reports Wood Mackenzie, China is...

IVL expands PET barrier packaging portfolio

Indorama Ventures Public Company Ltd (IVL) is acquiring the PET business of Invista Resins & Fibers in Germany (IRFG) and certain intellectual property rights...

Chemistry at work as BASF replaces fossil resources

Petrochemical giant BASF has started to manufacture products based on chemically recycled plastics waste, thereby partially replacing fossil resources. The company’s ChemCycling project has already...

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