Search result for Petrochemicals
![](https://industryglobalnews24.com/images/to-better-serve-its-customers-deepak-fertilisers-has-decided-to-split-its-mining-chemicals-and-fertiliser-operations.jpeg)
To better serve its customers, Deepak Fertilisers has decided to split its mining chemicals and fertiliser operations.
Deepak Fertilisers and Petrochemicals Corporation (DFPCL), a producer of industrial chemicals and fertilisers, stated on Thursday that it will demerge its mining chemicals and fertilisers businesses as part of a corporate restructuring plan. According to a statement released by the firm, the boar...
![](https://industryglobalnews24.com/./images/ineos-announces-over-2-billion-euros-investment-in-europe-in-green-hydrogen-.jpeg)
Ineos announces over 2 Billion Euros investment in Europe in green hydrogen
Jim Ratcliffe, chairman of Ineos, is planning to invest a large amount of money in Europe in the field of green hydrogen.
Highlights
• Ineos announced its plan to invest in green hydrogen production in Europe
...![](https://www.industryglobalnews24.com/images/larsentoubro-heavy-engineering-unit-gets-big-contracts-in-q4fy21-edit-1619012136788.jpeg)
LARSEN & TOUBRO HEAVY ENGINEERING UNIT GETS BIG CONTRACTS IN Q4FY21
HIGHLIGHTS
- The Heavy Engineering Unit of Larsen & Toubro has bagged major contracts in Q4FY21.
- L&T Heavy Engineering also earned contract to develop a Critical Reactor system.
- The contract has been given by IOCL's Petrochemical ...
![](https://www.industryglobalnews24.com/images/haldia-petrochemicals-wants-50-percent-capacity-hike-edit-1616679925644.jpeg)
HALDIA PETROCHEMICALS WANTS 50 PERCENT CAPACITY HIKE
HIGHLIGHTS
- Haldia Petrochemicals wants to increase its capacity hike by 50%.
- Haldia Petrochemicals is starting a project in order to produce 345,000 tonnes per annum of additional polymer.
- To facilitate new ventures, Haldia Petrochemicals h...
![](https://www.industryglobalnews24.com/images/yara-planning-to-produce-green-ammonia-in-norway.jpeg)
YARA PLANNING TO PRODUCE GREEN AMMONIA IN NORWAY
Highlights:
- The company ‘Yara’ is planning to produce green ammonia in Norway
- The fertilizer giant of Norway said that, the primary use of the green ammonia is going to be fuel instead of fertilizer
The company Yara, whic...
![](https://www.industryglobalnews24.com/images/europe-the-producers-of-petrochemicals-are-anticipating-on-a-better-operating-environment.jpeg)
EUROPE: THE PRODUCERS OF PETROCHEMICALS ARE ANTICIPATING ON A BETTER OPERATING ENVIRONMENT
Highlights:
- The Petrochemical producers in Europe are anticipating for a better operating environment
- More fundamental shifts in the patterns of the demand will be becoming apparent over the time
The virtual European Petrochemical As...
![](https://www.industryglobalnews24.com/images/shell-starts-fram-gas-and-condensate-field-as-strategy-under-review-in-united-kingdom.jpeg)
SHELL STARTS FRAM GAS AND CONDENSATE FIELD AS STRATEGY UNDER REVIEW IN UNITED KINGDOM
Highlights:
- The company Shell has started the production of the Fram gas and the gas condensate field in North Sea in the United Kingdom
- Shell said in a statement that the Fram had came on stream on 16th June 2020 and it is expected to produce 12,400 ...
![](https://www.industryglobalnews24.com/images/africa-continues-to-struggle-with-generation-of-power-using-clean-energy.jpeg)
AFRICA CONTINUES TO STRUGGLE WITH GENERATION OF POWER USING CLEAN ENERGY
Highlights:
• Africa is not just the world's least electrified continent, the continent is also the most vulnerable to even slight climate change.
• Any decision to boost power supplies in the region could have major local as well as global impac...
![](https://www.industryglobalnews24.com/images/ge-power-delivers-vsds-ehouse-successfully-to-shell-s-petrochemical-plant.jpeg)
GE POWER DELIVERS VSDS, E-HOUSE SUCCESSFULLY TO SHELL’S PETROCHEMICAL PLANT
Highlights:
- GE Power, one of the world leaders in power generation- has successfully delivered an e-house and VSDS to the petrochemical plant controlled by Shell Nederland Chemie B.V.
- GE’s VSDS encompasses high-speed induction motor and variable...
![](https://www.industryglobalnews24.com/images/asia-becomes-biggest-cdu-producer-and-supplier-for-the-next-5-years.jpeg)
ASIA BECOMES BIGGEST CDU PRODUCER AND SUPPLIER FOR THE NEXT 5 YEARS
Highlights:
- Asia leads in terms of global refinery crude distillation unit (CDU) capacity additions
- It contributes about 42% of the total global CDU capacity from new-build projects for the period of 2020 – 2024
<...
![](https://www.industryglobalnews24.com/images/china-s-petrochemical-demand-dampened-due-to-coronavirus-outbreak.jpeg)
CHINA’S PETROCHEMICAL DEMAND DAMPENED DUE TO CORONAVIRUS OUTBREAK
Highlights:
• Weekly imports fell to 187,000 mt compared to the country’s average volume of 340,000- 490,000 mt.
• Gradual recovery in demand for PDH plants is estimated, but demand at households are still in low levels
...
![](https://www.industryglobalnews24.com/images/energy-minister-prince-salman-reveals-saudi-arabia-would-export-gas-petrochemicals-soon.jpeg)
ENERGY MINISTER PRINCE SALMAN REVEALS SAUDI ARABIA WOULD EXPORT GAS, PETROCHEMICALS SOON
Highlights:
- Saudi Arabia has been one of the world's biggest crude exporter for decades.
- However, insiders suggest the country has plans to add gas and petrochemicals to its slate of exports.
- The country's Energy Minister said on Su...
![](https://www.industryglobalnews24.com/images/emission-levels-at-petrochemical-firms-to-be-cut-by-more-than-30-in-2020.jpeg)
EMISSION LEVELS AT PETROCHEMICAL FIRMS TO BE CUT BY MORE THAN 30% IN 2020
Highlights:
- On Thursday, the Beijing Municipality government announced its plans to cut emissions in the petrochemical industry.
- Petrochemical firms will have to cut their emission levels by more than 30% this year from the 2017 levels.
- Bei...
![](https://www.industryglobalnews24.com/images/mcdermott-international-inc-wins-contract-for-six-largescale-oil-tanks-in-texas.jpeg)
MCDERMOTT INTERNATIONAL INC. WINS CONTRACT FOR SIX LARGE-SCALE OIL TANKS IN TEXAS
Highlights:
- McDermott International Inc. has recently bagged the contract for six crude oil storage tanks in Texas by a major oil and gas operator.
- The storage tanks will play a key role in an energy infrastructure project linking the Texas Gulf Coast...
![](https://www.industryglobalnews24.com/images/chemone-group-launches-pengerang-energy-complex-in-johor-malaysia-edit-1581073357208.jpeg)
CHEMONE GROUP LAUNCHES PENGERANG ENERGY COMPLEX IN JOHOR, MALAYSIA
Highlights:
- Sources in the PEC say that the aim is to become a world-class petrochemical hub that will potentially increase the value of the downstream oil and gas value chains in Malaysia.
- This is with respect to the government’s ‘Transfo...
![](https://www.industryglobalnews24.com/images/petrochemical-sector-expected-to-outpace-global-fuel-demands-by-2030.jpeg)
PETROCHEMICAL SECTOR EXPECTED TO OUTPACE GLOBAL FUEL DEMANDS BY 2030
Highlights:
- A report by Deloitte states the petrochemical sector is expected to drive growth in world oil demand more than gas or diesel by the end of 2030.
- This is because of the quick growth in the electric vehicle industry and partly due to the inc...
![](https://www.industryglobalnews24.com/images/specialist-services-groups-adds-new-office-in-netherlands.jpeg)
SPECIALIST SERVICES GROUPS ADDS NEW OFFICE IN NETHERLANDS
Highlights:
- Specialist Services Group announces further plans to accelerate the development and expansion of Specialist Services Group in Europe
- For this purpose, the company is adding sales and technical support staff for the existing region. <...
![](https://www.industryglobalnews24.com/images/-year-of-investment-campaign-launched-by-mmh.jpeg)
‘YEAR OF INVESTMENT’ CAMPAIGN LAUNCHED BY MMH
Highlights:
- The Ministry of Mines and Hydrocarbons (MMH) by Equatorial Guinea has officially launched the ‘Year of Investment’ campaign,
- There is are a series of foreign investors moving in already to commit towards increasing their planne...
![](https://www.industryglobalnews24.com/images/fluor-corp-awarded-petrochemical-contract-by-bpcl.jpeg)
FLUOR CORP AWARDED PETROCHEMICAL CONTRACT BY BPCL
Highlights:
- Fluor Corp. recently announced that it was awarded a contract by Bharat Petroleum Corp. Ltd (BPCL).
- The contract deals with project management consultancy services for the former’s polyols petrochemicals project at its existing integ...
![](https://www.industryglobalnews24.com/images/sinopec-launches-south-china-refinery-seeks-kuwaiti-oil-sources.jpeg)
SINOPEC LAUNCHES SOUTH CHINA REFINERY, SEEKS KUWAITI OIL: SOURCES
Highlights:
- China’s business giant Sinopec Corp is set to launch a new USD 5.7 billion petrochemical and refining complex in the southern part of the country.
- Industry officials revealed that the company plans to complete construction in the sec...