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Asia to add 47% of global ethylene capacity growth by 2030

Asia is expected to lead the global ethylene industry capacity growth from new-build and expansion projects between 2019 and 2030, with a 47% share, according to GlobalData. The company’s report ‘H2 2019 Global Ethylene Capacity and Capital Expenditure Outlook – China Leads Globally in Terms of Planned and Announced Ethylene Capacity Additions’ reveals that the […]

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Asia to contribute half of global petrochemical capacity additions

Asia is expected to lead the global petrochemical industry capacity growth from new-build and expansion projects between 2019 and 2030 with 50% share, according to GlobalData. The company’s report ‘H2 2019 Global Petrochemicals Capacity and Capital Expenditure Outlook – China Leads Global Petrochemical Capacity Additions’ reveals that the total petrochemical capacity of new-build and expansion […]

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ADNOC, Adani, BASF and Borealis sign MoU to evaluate teaming up for a $4bn chemical complex in India

Propane dehydrogenation unit to be established as raw material supply for acrylics value chain and polypropylene production ADNOC, Adani Group, BASF and Borealis have signed a Memorandum of Understanding (MoU) to engage in a joint feasibility study to further evaluate a collaboration for the establishment of a chemical complex in Mundra, Gujarat, India. This is […]

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Turkish operator lets contract for country’s first PDH unit

Ceyhan Polipropilen Uretim has let a contract to Honeywell UOP to provide process technology for propylene production at a grassroots petrochemical complex in the Ceyhan Mega Petrochemistry Industry Zone of Ceyhan, Turkey. Ceyhan Polipropilen Uretim AS—a joint venture of Ronesans Holding and Algeria’s state-owned Sonatrach SPA—has let a contract to Honeywell UOP LLC to provide process technology for […]

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Methanol Firms Climbing the Value Chain

Eghtesad Online – Global methanol demand will grow by 6.5% in the next three years based on data from Methanex, the world’s largest producer and supplier of methanol. Regarding the increase of methanol output in Iran, new projects are underway to help complete the value chain of the chemical, a board member of Ayandeh Institute […]

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15 Petchem Projects Online in 5 Years

TEHRAN (Shana) — Until eight years ago, everyone was worried about incomplete petrochemical projects. But today, the same projects are offering a variety of petrochemicals, which largely contribute to the Iranian economy. The accelerated development of petrochemical projects under the 11th and the 12th administrations resulted in the development of a large number of products. […]