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Petrochemical
South Korea
LG Chem Submits Petrochem Restructuring Plan to Government
South Korea's petrochemical sector is advancing its restructuring initiatives as several major companies submit plans to the government.On December 19, 2025…
South Korea
DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring
South Korean petrochemical firm DL Chemical announced on Monday that it has proposed permanently closing Yeochun NCC Co.'s No. 1 naphtha cracker, which has …
Saudi Arabia
Exxonmobil, Aramco and Samref Evaluating Refinery Upgrade and New Petrochemical Complex
Exxon Mobil Corporation, Aramco, and the Samref refinery have signed a Venture Framework Agreement to study a major upgrade and expansion of the Samref facility…
Egypt
Egypt’s Petroleum Min. Witnesses Soda Ash Project Kick-off
On Saturday, Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, attended the official launch of the new soda ash and derivatives production …
China
CZPC Receives Investment Licence for Zambia Oil Refinery
The Zambia Development Agency (ZDA) has officially issued the investment licence to China Zambia Petrochemical Corporation (CZPC), enabling the immediate start …
South Korea
Lotte and Hyundai to Merge Some Petrochem Units
Lotte Chemical and HD Hyundai Chemical have agreed to consolidate part of their naphtha-cracking operations at the Daesan petrochemical complex in South Chungch…
Nigeria
Dangote Selects Honeywell Technologies for Upgrade Project at Africa’s Largest Petroleum Refinery
Dangote Petroleum Refinery and Petrochemicals FZE has selected Honeywell International Inc. to provide advanced process technology, proprietary catalysts, equip…
Gas power plant
Mitsubishi Power Secures Second H-25 Gas Turbine Order for Taiwan
Mitsubishi Power has received a second order for its H-25 gas turbine to be installed at Chang Chun Petrochemical’s Miaoli Factory in north-central Taiwan…
Egypt
Egypt Signs $135M Financing Deal for Damietta Bioethanol Project
Egypt has signed a long-term financing agreement worth US$135 million to establish a bioethanol production plant in Damietta Governorate for the Egyptian Bioeth…
Crude Oil
China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec
China’s Sinopec has launched construction work to upgrade its integrated refining and petrochemical project in Xinjiang, the company announced on Saturday…
United Kingdom
Plastic Energy and SABIC Announce Production of First Batch of TACOLL From Waste Plastic
Plastic Energy, a leader in chemical recycling based in London, UK, has successfully produced its first batch of TACOIL™ at a joint venture plant with SAB…
South Korea
South Korea Petrochemical Overhaul Likely to Shut Small, Stand-Alone Naphtha Crackers
South Korea’s petrochemical industry, facing an oversupply, is undergoing significant restructuring, with analysts predicting closures or mergers of small and …
China
China’s Sinopec Shanghai Petrochemical First Half Profit Slides
Sinopec Shanghai Petrochemical Co, a major Chinese refining and chemical company, recorded a net loss of 462.1 million yuan ($64.40 million) for the first half …
Electric Vehicles
LI Auto, Shell Forge Strategic Partnership to Drive Global Expansion, Innovation in Energy Solutions
On June 12, 2025, Shell, a global energy and petrochemical company, and Li Auto, a Chinese new energy vehicle manufacturer, signed a strategic cooperation agree…
Nigeria
Nigeria’s Dangote Refinery Agrees to Export Polypropylene With Vinmar
Dangote Petroleum Refinery and Petrochemicals has entered a partnership with Vinmar Group, an international petrochemicals distribution company, to distribute D…
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