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Plastics recycling partners plan 100,000 t/y facility

INEOS and Plastic Energy have signed a memorandum of understanding for a 100,000 t/y facility in Köln, Germany, to turn difficult-to-recycle plastic waste into virgin-quality raw materials. The plant will represent the largest use of Plastic Energy’s technology on the market.

Type: News

Neom Green Hydrogen Company’s ‘mega’ green hydrogen production facility secures US$8.4bn in investments

DUBBED the world’s largest by its founding partners, a “mega” green hydrogen production facility run by NEOM Green Hydrogen Company (NGHC) is closer to development after receiving a total investment of US$8.4bn from 23 banks and investment firms across the globe.

Type: News

US Steel to be bought by Japan's Nippon in US$15bn deal

NIPPON, the fourth-largest steelmaker in the world, has agreed to buy US Steel for US$14.9bn. The acquisition would create one of the world's biggest steel companies outside of China, and would end the independence of one of America’s oldest industrial enterprises.

Type: News

BP starts 140,000 bbl/d platform in the US Gulf of Mexico

BP has started oil production at its new Argos platform in the US Gulf of Mexico. The 140,000 bbl/d platform is the first that BP has started in the region since 2008 and will increase the company’s production capacity in the region by 20%.

Type: News

David White, 1935–2024

Obituary of David White, who was awarded IChemE’s Hebden Medal in 2015 for his work on gasification and died in January 2024 aged 88.

Type: News

EU prepares ban on PFAS in consumer products as industry seeks exemptions

THE EUROPEAN Union will push ahead with proposals to ban PFAS in consumer products, the EU’s environment commissioner Jessika Roswall told Reuters this week.

Type: News

Consortium develops power to methanol demonstration project

A CONSORTIUM of seven companies is collaborating on a demonstration plant to produce sustainable methanol for use by chemical companies in Antwerp, Belgium. In this first of its kind project for Belgium, the planned demonstration plant could produce up to 8,000 t/y of methanol, saving at least 8,000 t/y of CO2 emissions.

Type: News

Albemarle signs agreement for lithium mining JV

ALBEMARLE, the global specialty chemicals company, has signed an exclusivity agreement with Minerals Resources (MRL) for a potential joint venture (JV) to own and operate a lithium mine in Western Australia. The companies would ultimately develop an integrated lithium hydroxide operation at the site.

Type: News

Australian industry calls for government to ‘act soon’ on green metals production

AUSTRALIA’S energy and mining industry leaders have called for the government to “act soon” on its goal to become a world-leading green metals producer.

Type: News

New York City sues five oil majors over climate change

NEW YORK CITY has filed a lawsuit against five of the world’s largest investor-owned fossil fuel companies – BP, Chevron, ConocoPhillips, Exxon Mobil and Shell – for billions of dollars to cover its costs for climate change.

Type: News

Repairs underway at Gorgon as ‘thousands’ of cracks found in critical equipment

REPAIRS are underway to resolve welding issues at Chevron’s Gorgon liquid natural gas (LNG) project, one of the world’s largest LNG projects, after cracks were discovered in critical equipment during routine maintenance. According to multiple sources, thousands of cracks were discovered.

Type: News

Saudi Arabia pledges to be net zero by 2060

SAUDI Arabia – one of the world’s largest oil producers – has committed to net zero emissions by 2060. In addition, oil and gas company Saudi Aramco has pledged to have net zero emissions by 2050. However this does not include emissions caused by consumers using the fuel.

Type: News

Sempra greenlights Port Arthur LNG project

SEMPRA Infrastructure has given the financial greenlight for the development, construction, and operation of what could become one of the largest liquified natural gas (LNG) export facilities in the US, the Port Arthur LNG Phase 1 project in Jefferson County, Texas.

Type: News

BASF to build two plastics plants at proposed site in China

BASF is to build an engineering plastics compounding plant and a thermoplastic polyurethanes (TPU) plant at a proposed integrated chemical production site in Zhanjiang, China. The plants will be the first to begin production at the site, which is to become BASF’s third-largest site worldwide.

Type: News

BASF strengthens R&D capabilities with a more powerful supercomputer

BASF has started up a new supercomputer at its Ludwigshafen site in Germany, which it says is the largest in the world used for industrial chemical research. The 3-petaflop supercomputer takes over for a 1.75 petaflop predecessor, offering more capacity and computing to allow increasingly complex modelling, virtual experiments, and simulations.

Type: News

Rio Tinto and Giampaolo Group to partner on Matalco aluminium recycling venture

RIO TINTO and Giampaolo Group, one of North America's largest fully-integrated metal management businesses, are teaming up to manufacture and market recycled aluminium products as part of a joint venture to meet the increasing demand for low-carbon aluminium.

Type: News

Chevron to end 55-year North Sea presence with Clair field sale

CHEVRON has decided to market its 19.4% stake in the Clair field, one of the UK’s largest hydrocarbon resources, along with associated assets in the North Sea. The move will mark the energy major’s exit from the oil and gas producing region after more than 55 years.

Type: News

TotalEnergies and Petronas to collaborate on solar project to decarbonise Australia’s Gladstone LNG

FRENCH oil and gas giant, TotalEnergies and Gentari Renewables, a subsidiary of Petronas, are teaming up to develop a solar farm in Queensland to lower emissions at Gladstone LNG – one of Australia’s largest LNG facilities and a major contributor to greenhouse gas emissions.

Type: News

More than US$50bn worth of deals for Saudi Arabia

SAUDI Arabia has announced more than US$50bn worth of deals in oil, gas, infrastructure and other sectors. The details were announced last week at the Future Investment Initiative held in Riyadh, Saudi Arabia.

Type: News

Reducing the environmental impact of palm oil production

NEW technology has been developed that will convert palm oil waste into building materials and biofuels.

Type: News