Tuesday, November 5, 2024

Chemical Industry News

China's coal production in September rose 4.4% due to safety improvements and chemical industry demand

Data from the Statistics Bureau showed that China's coal production rose by 4.4% in September compared to the same period last year, following safety inspections completed earlier this year and increased coal-tochemicals capacity. The September output increased to 414.46 millions metric tons from 396.55 millions tons in August.

Ørsted, Covestro Ink World's Largest Offshore Wind PPA

Borkum Riffgrund 1 Offshore Wind Farm adjacent to the planned Borkum Riffgrund 3 project. (Photo: Ørsted)

Polymer materials supplier Covestro has signed a 10-year corporate power purchase agreement with Ørsted to buy the output of 100MW from the planned Borkum Riffgrund 3 offshore wind farm, expected to be fully commissioned in 2025, subject to Ørsted's final investment decision…

Hutchinson to Provide Platforms for Hornsea 2

Offshore wind specialists, EEW Group has contracted has contracted UK outfit Hutchinson Engineering for the fabrication and on-site assembly of 30 suspended internal platforms (SIPs)  for Orsted's 1386MW Hornsea 2 offshore wind farm off eastern England.The SIPs are highly complex steel components…

"Green" Ammonia's Future as a Marine Fuel

Ammonia, the same pungent solution used in fertilizers and cleaning agents, may one day be the key to transporting renewable energy around the world. There are currently a number of government and corporate projects assessing the feasibility of converting excess renewable energy from sources like wind…

Natural Gas Consumption Up 10% in China

According to the preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%, said a report.The growing Chinese economy and stricter environmental protection policies drive the growth of natural gas consumption in China.

Natural Gas Liquid Market to Cross 14 mbl/day by 2025

Global Natural Gas Liquid Market is poised to cross 14 million barrels per day by 2025, said a study.Japan natural gas liquid market is projected to surpass an annual consumption of 0.2 mbl/day said the latest study by Global Market Insights.Accelerating funding’s toward…

Saudi Aramco: World's Biggest Oil Producer

(Photo: Saudi Aramco)

Saudi Aramco was by far the world's biggest oil producer ahead of regional peers like Abu Dhabi National Oil Company (ADNOC) and listed oil majors Royal Dutch Shell, Total and BP, ratings agency Fitch said on Monday."Saudi Aramco is the largest oil producer globally by volume...

HazSub Spill Response Plans

© VanderWolf Images/AdobeStock

On August 18, 1990, the Oil Pollution Act of 1990 (OPA 90) was enacted into law. Section 4202 of that Act amended the Federal Water Pollution Control Act (FWPCA or Clean Water Act) to require tank vessels and marine transportation-related facilities to prepare and submit to the US Coast Guard plans for responding…

dena Launches Global Alliance Power Fuels

The Deutsche Energie-Agentur (dena) – the German Energy Agency – and partners from industry have launched the Global Alliance Power Fuels. The aim of this international alliance is to open up global markets for synthetic fuels based on renewable energy sources. It is supported…

DNV GL sees oil demand peaking in 2023

(Photo: Eric Haun)

Global oil demand will peak in 2023 as electric vehicles (EVs) become competitive with cars fuelled by petrol and diesel, and after 2040 no new oil developments will likely be needed, quality assurance and risk management firm DNV GL said on Monday.The forecast from the Norway-headquartered firm…

U.S. Refining Industry Group Chief says Trump Should Rethink Tariffs

© tomas / Adobe Stock

The head of a leading refining and chemical industry association said on Monday that President Donald Trump should not impose tariffs on steel and aluminum imports due to the effect it would have on consumers and companies that use those materials. Trump's proposed tariffs have met with criticism from many in the energy industry…

Big Oil Frets About China-U.S. Trade Tensions

Saudis say tensions make many countries anxious; China a key engine for global oil demand growth. Oil executives and Middle East producers are concerned that trade tensions between the United States and China risk clouding the outlook for global energy demand growth and a recovery in the price of oil.

PA Town Approves Shell Petrochem Facility

The town council of Potter, Pennsylvania unanimously approved a conditional use permit late Wednesday allowing a unit of Royal Dutch Shell PLC to move forward with construction of a multibillion-dollar petrochemical complex near Pittsburgh. Last June, Shell's Shell Chemical…

ECLUSE Project Wins Sustainability Award

The ECLUSE project for a heat distribution network to replace the piecemeal energy supplies for chemical companies in the left bank area has won the first ever Sustainability Award presented by the Antwerp Port Community. The project garnered the majority of votes from the expert jury members and public alike…

ExxonMobil, Princeton Launch Energy Research Projects

In association with their partnership focused on energy technologies, ExxonMobil and Princeton University have selected five research projects that center on solar and battery technologies, plasma physics, Arctic sea-ice modeling, and the impact of carbon dioxide absorption on the world’s oceans.

Exxon, GT Devise Chemical Carbon Emissions Reduction Method

Exxon Mobil and Georgia Tech researchers published findings of a breakthrough in the journal Science on Thursday, saying they had devised a way to slash carbon emissions from chemicals manufacturing by using reverse osmosis instead of heat to separate molecules. Reverse osmosis…

China's First Private-led Refinery Planned

$15 bln project would be biggest private-led energy installation. A private-led Chinese group is planning to build a $15 billion mega-petrochemical complex on an island near Shanghai, in what would be the country's first and largest energy installation to be built by a non-state investor, industry sources said.

Japan, Turkmenistan Sign Chemical, Energy Deals

Japan and Turkmenistan on Friday signed deals worth over $18 billion on a package of projects in the energy-rich central Asian nation, which has become an important supplier of natural gas to China. Turkmenistan, a reclusive nation of 5.5 million, holds the world's fourth-largest reserves of natural gas.

US Confirms Duties on China's Refrigerant Imports

The U.S. Department of Commerce confirmed steep duties on imports of refrigerant gas from China on Wednesday, saying the goods were sold too cheaply in the United States and were produced using Chinese government subsidies. Final duties on the gas known as 1,1,1,2-tetrafluoroethane…

China's Refining Capacity to Reach 15.8mln bpd by 2020

China, the world's top energy consumer, plans to have a total refining capacity of 790 million tonnes a year, or 15.8 million barrels per day (bpd) by 2020, an industry website quoted a government official as saying. That represents a rise of 32 percent from around 600…