Petrochemical News

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Butadiene LLP has selected its iC4 CATOFIN®, CATADIENE®, CDMtbe® technologies and BASF’s butadiene extraction technology for units at Butadiene LLP’s new petrochemical plant in Atyrau , Kazakhstan. “We are grateful to be selected and provide multiple technologies and solutions to support Butadiene LLP’s growth and expansion,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “Lummus’ integrated solutions can help grow the economic position of our customer as they execute this important project for Kazakhstan its downstream industry.” “We look forward to partnering with Lummus on this project to upgrade mixed butanes to valuable petrochemicals,” said Diaz Diyanov, General Director of Butadiene LLP. “Butadiene LLP will further develop Kazakhstan’s petrochemical industry using Lummus’ processes that have the lowest carbon footprint available in the market...

DL E&C will participate in the Shaheen Project , the largest domestic petrochemical project ever. The company said on March 10 that it will participate in the connection project of TC2C (thermal crude to chemical) in sector 1 of the Shaheen Project and existing plant. DL E&C will participate in the project by taking over part of the package 1 construction from Hyundai E&C consortium. Package 1 is worth approximately KRW 5.4 trillion, and DL E&C’s stake is 26% or KRW 1.4 trillion. The construction period is 42 months, and the project is scheduled to be completed in 2026. The project promoted by S OIL is the largest petrochemical project in Korea with KRW 9.2 trillion invested. Hyundai E&C, Hyundai Engineering, and Lotte E&C as well as DL E&C will participate in the project, which seeks to increase petrochemical products’ output ratio from 12% to 25% by building oil refining and petrochemical facilities in the Ulsan Onsan National Industrial Complex. DL E...

South Korean President Yoon and Aramco President & CEO Amin H. Nasser today attended the groundbreaking ceremony for the $7 billion Shaheen petrochemical project in Ulsan, South Korea. Ministers and senior officials from both countries also attended the milestone event. The Shaheen project, which was announced in November 2022, is being developed by Aramco affiliate S-OIL and is a key part of Aramco’s regional crude to chemicals strategy. Amin H. Nasser, Aramco President & CEO, said: “We are deeply honored by the presence of His Excellency President Yoon at this historic groundbreaking ceremony. Shaheen is among Aramco’s biggest international downstream investments, representing a significant and sizeable step forward in our liquids-to-chemicals expansion and another major milestone in further strengthening our presence in Korea.” Shaheen is Aramco’s biggest investment in Korea to date and is expected to be one of the largest integrated steam crackers in the world. It is also ...