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GC Becomes First Chemical Producer to Utilize U.S. Ethane Imports in Thailand, Strengthening Feedstock Security and Sustainability

PTT Global Chemical Public Company Limited (GC), a leading global chemical company, will become the first chemical producer to integrate U.S. imported ethane into its operations in Thailand as an alternative feedstock, enhancing cost efficiency, resilience, and sustainability. By leveraging existing infrastructure, this initiative secures a stable, long-term ethane supply with minimal investment, reinforcing GC’s competitiveness and long-term growth. This initiative aligns with GC’s Holistic Optimization strategy, ensuring long-term feedstock security, cost optimization, and strengthening Thailand’s continued leadership in the global chemical industry, while contributing to a balanced and mutually beneficial trade relationship between Thailand and the United States. GC is uniquely positioned to integrate ethane into its operations with minimal investment, leveraging its existing infrastructure at its facilities in Rayong, eliminating the need for costly upgrades and enhancing operatio...
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LyondellBasell and Covestro announce permanent closure of PO11 unit at Maasvlakte

LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands . This decision comes after thorough and careful consideration and is driven by the continued pressure on Maasvlakte's profitability due to global overcapacities, a strong increase of imports from Asia and high costs of European production. Unfortunately, this situation is expected to continue, so longer-term profitable production is not anticipated. “While the decision to shut down the PO11 unit is difficult, we must ensure all assets within our portfolio are a long-term strategic fit,” said Aaron Ledet, executive vice-president, I&D and Supply Chain. “We are prioritizing our core assets which play a key role in our technology differentiation and circularity or provide attractive returns over the cost of capital. We take our obligations toward our employees, European employee reps, councils a...
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LyondellBasell approves propylene expansion project

LyondellBasell (NYSE: LYB) today announced an investment to expand propylene production capacity at its Channelview Complex near Houston.  Groundbreaking and construction are expected to begin in the third quarter of 2025, with a projected startup in late 2028. The unit will have an annual propylene production capacity of approximately 400 thousand metric tons, employ 750 people during peak construction and is expected to add 25 permanent jobs. “This capacity expansion strengthens our ability to meet increasing customer demand and improve our self-sufficiency as we grow and upgrade a core business line for LyondellBasell,” said Kim Foley, LYB executive vice president, Global Olefins & Polyolefins and Refining. “Additionally, it reduces our exposure to market volatility, which positions LYB to provide consistent returns for our shareholders.” The new metathesis unit will convert ethylene into propylene for use in the production of polypropylene and propylene oxide, which are buildi...
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Lummus Ethylene Technology Selected for Kazakhstan’s First Polyethylene Plant

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract award from Silleno LLP for an ethylene unit, which will be part of the first polyethylene plant to be built in the Republic of Kazakhstan. Strategically located at the National Industrial Petrochemical Technopark in the Kazakhstan’s Atyrau Region, the plant will play a pivotal role in Kazakhstan’s economy by increasing gross domestic product, creating jobs during the construction and operations phases, and generating other indirect business opportunities for the local economy. “It is an honor to collaborate with Silleno and be part of such an important petrochemical project that is a major investment and growth driver for the Republic of Kazakhstan,” said Leon de Bruyn, President and Chief Executive Officer, Lummus Technology. “We have executed several projects recently in Kazakhstan, so this builds on our experience and growth in the country. It also gives us the uniqu...
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Bharat Petroleum Corporation Ltd. Selects Multiple Lummus Technologies for New Large-Scale Project in India

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an award for multiple technologies from Bharat Petroleum Corporation Limited (BPCL) for a new world-scale ethylene plant and associated downstream units in Bina, Madhya Pradesh State, India . The project is part of BPCL’s Bina Petrochemicals and Refinery Expansion Plan. Once complete, the expansion will produce polymer-grade ethylene and propylene to supply downstream polymer production units, with a capacity of 1200 KTA of ethylene and 550 KTA of propylene. “This award integrates Lummus’ industry-leading light olefins technology and the water treatment technology we recently added to our portfolio,” said Leon de Bruyn, President and Chief Executive Officer, Lummus Technology. “The comprehensive and integrated offering will ensure sustainable water treatment solutions, drive reliable and efficient light olefin production, and reduce greenhouse gas emissions. These benefits align wi...
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Technip Energies awarded a significant contract for IOCL’s grassroots naphtha cracking unit at Paradip in India

Technip Energies (PARIS:TE) has been awarded a significant contract by Indian Oil Corporation Limited (IOCL) for the license, basic engineering design package, proprietary equipment and catalyst supply and related services for the 1500 kta Paradip naphtha cracker unit (PDNCU) block of the grassroot petrochemical complex in Paradip, India. The petrochemical complex will be integrated to the existing 15 million tons/year refinery and will be one of four proposed Petroleum, Chemicals & Petrochemical Investment Regions in India. The petrochemical complex shall include a world-scale cracker unit along with downstream process units producing several petrochemical products. In addition to the naphtha cracker technology, Technip Energies will provide key proprietary equipment, including proprietary separation trays technology Ripple Tray™ and catalyst. Bhaskar Patel, SVP Sustainable Fuels, Chemicals & Circularity at Technip Energies, stated: “We are once again delighted to be entruste...
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His Highness the Amir Lays The Foundation Stone For The Ras Laffan Petrochemical Complex

His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone for the Ras Laffan Petrochemical Complex , one of the largest in the world, which will raise Qatar’s overall petrochemical production capacity to about 14 million tons per annum by the end of 2026. The groundbreaking ceremony was held at Ras Laffan Industrial City, and attended by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, Mr. Mark Lashier, the President and CEO of Phillips 66, Mr. Bruce Chinn, the President and CEO of Chevron Phillips Chemical, and senior executives from QatarEnergy and Chevron Phillips Chemical. The complex will house an ethane cracker with a capacity of 2.1 million tons per annum of ethylene, making it the largest in the Middle East and one of the largest in the world, and raising Qatar’s ethylene production capacity by more than 40%. It also includes two polyethylene trains with a combined...
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