News & Bulletin Updates

8An energy company has signed a 10-year deal to supply 1.2 mn tonnes/year of naphtha to a large petrochemical feedstock trading company

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8Two Japanese companies are developing a chemical recycling technology to regenerate nylon 6 from end-of-life vehicles using subcritical water

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Oct 03, 2023: Plant update

8Sinopec Luoyang's No.1 PP unit begins production
8PetroChina Dushanzi LLDPE/HDPE production offline
8Yangmei Hengtong PVC production is back online
8Oriental Energy's PP unit restarts production
8Sinopec Qilu HDPE unit goes offline
8Anwil's PVC plant undergoes maintenance
8Liaoning Kingfa to idle PDH unit
8Yangzi BASF LDPE plant to resume operations
8CPDC plans ACN plant maintenance

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8The project is developing a new process that combines concentrated solar power and biomass pyrolysis to produce renewable fuels and chemicals from wood, with negative CO2 emissions

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8A UK chemicals company has acquired a titanium and iron producer, gaining access to titanium slag and high-purity pig iron

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8A chemical company has established a new department to develop and market environmentally friendly silicone products

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8The Crown Prince of Abu Dhabi reviewed ADNOC's carbon management strategy and progress towards its net zero by 2045 plan

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8The plastic-rubber composite market is expected to grow at a CAGR of 5.3% over the next decade, driven by the increasing demand for lightweight and fuel-efficient vehicles

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8A German company will present its complete range of additive manufacturing products at Formnext 2023, including a new high-temperature Freeformer and APF components made of short-fiber reinforced thermoplastics

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8A tire manufacturer is launching a new off-road tire that combines the best features of all-terrain and mud-terrain tires for extreme applications

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8The airless tire market is expected to grow tremendously due to its advantages over pneumatic tires, such as enhanced durability, reduced maintenance, and the ability to withstand rough terrain

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8A petrochemical company is idling one of its polypropylene production lines in the US due to feedstock limitations and oversupply

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8A chemical company and its partners have temporarily paused construction of a partly completed PTA-PET plant due to cost inflation, high-interest rates, and labour shortages

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8A materials company is building a new TPU production site in China to meet the growing demand for sustainable materials in the IT, consumer electronics, footwear and other industries

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8An engineering company has won a $20 mn contract to design a propane dehydrogenation (PDH), polypropylene (PP), and utilities & offsite (UTOS) plant

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8A materials company has opened a new adhesives production facility in China to support the growing vehicle electrification market, with a focus on lightweight and thermal management

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8The Ahmedabad market for domestic Aluminum fluoride has experienced a noteworthy decrease in prices, which can be attributed to a range of factors such as reduced local demand and an oversupply situation

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8A Singapore-based private equity company invested in a silicon battery materials manufacturer to help accelerate the development of high-energy density and fast-charging batteries

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8An is considering acquiring a 10% stake in a petrochemical company, which could lead to crude oil and feedstock supply and expansion collaboration

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8In Mumbai today, there has been a noticeable uptick in the prices of phosphoric acid 85% TC

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8A chemicals company is investing €50 million to expand its organic peroxide production in China to support the growing demand for renewable energy

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8A German company is partnering with a US joint venture to produce biobased 1.4-butanediol (BDO), which can be used to make sustainable versions of spandex, TPU, and other products

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8Two Japanese companies are testing a new technology to recycle marine plastic waste into oil, which could be used to produce renewable chemicals and fuel oil

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8A US company and a South Korean company are partnering to build a $65 million lithium-ion battery recycling facility in the US, which will produce recycled battery materials for use in new electric vehicles

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Nangal Nano Urea Green field Project
8Cost: Rs.257 crore
8Project Event: MECON hired as Project Management Consultant

NPK Pilot Plant Greenfield Project
8Cost: Rs. 90 crore
8Project Event: The Pilot Plan is delayed and expected to be completed by the end of December 2023. The RFQ for the equipment and services is likely to be released in Q1 2024

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