Petrochemical

Novoloop Appoints Worley Consulting To Conduct Preliminary Engineering Study For A 20,000-Metric Ton Facility

Retrieved on: 
Wednesday, March 13, 2024
Engineering, Recycling, Chemicals, Plastics, Environment, Manufacturing, Sustainability, Organic acid, FOAK, Carbon, Plastic, Economics, Petrochemical

Novoloop, a leading plastic circular economy technology company, selects Worley Consulting to conduct a Front-End Loading (FEL-2) preliminary engineering study for the company’s breakthrough LifecyclingTM process.

Key Points: 
  • Novoloop, a leading plastic circular economy technology company, selects Worley Consulting to conduct a Front-End Loading (FEL-2) preliminary engineering study for the company’s breakthrough LifecyclingTM process.
  • The purpose of the study is to assess commercial project feasibility and provide a comparison framework for site selection.
  • The study evaluates a first-of-a-kind (FOAK) facility located on the US Gulf Coast, with a waste plastic processing capacity of 20,000 metric tons per annum.
  • “The completion of the FEL-2 study by Worley Consulting will solidify the project’s feasibility, ensuring that the foundational elements are in place for a seamless transition to the next stages of engineering.” - Nedim Hasanbegovic, VP of Engineering, Novoloop.

Huizhou Boeko Selects Lummus for New Isobutane Dehydrogenation Plant in China

Retrieved on: 
Wednesday, March 20, 2024
Growth, Clariant, Polymer, IC4, MTA, Carbon, Lummus, MTBE, Engineering, Petrochemical

HOUSTON, March 20, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Huizhou Boeko Materials Co. Ltd., has selected Lummus' iC4 CATOFIN® technology for the dehydrogenation of isobutane for their plant in Huizhou City, China. Notably, this is the first time Huizhou Boeko will license Lummus' CATOFIN technology at this site.

Key Points: 
  • Award marks inaugural work for Huizhou Boeko plant in Huizhou City, delivering Lummus' CATOFIN technology for reliable, lower cost, energy efficient on-stream production
    HOUSTON, March 20, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Huizhou Boeko Materials Co. Ltd., has selected Lummus' iC4 CATOFIN® technology for the dehydrogenation of isobutane for their plant in Huizhou City, China.
  • Notably, this is the first time Huizhou Boeko will license Lummus' CATOFIN technology at this site.
  • "Lummus' CATOFIN technology offers the industry's most reliable, low cost and low carbon solution, from which Huizhou Boeko can leverage their expertise and production capabilities to secure a competitive advantage in the market," said Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology.
  • Lummus is the exclusive licensor for the CATOFIN and CATADIENE technologies, which utilize Clariant's high-performance catalysts.

BASF launches ChemCycling in the United States

Retrieved on: 
Wednesday, February 21, 2024
Senior, BTP, Polymer, BASF, Business development, Petrochemical, Plastic, Polyurethane, Environment, Chemical

BASF processes feedstock from plastic waste at Port Arthur, TX facility

Key Points: 
  • BASF processes feedstock from plastic waste at Port Arthur, TX facility
    Innovative solution promoting a more circular economy available in U.S.
  • Leveraging its global expertise in ChemCycling ® , BASF is offering customers ISSC+ certified advanced recycled building blocks from the BASF TotalEnergies Petrochemicals (BTP) facility in Port Arthur, Texas.
  • ChemCycling utilizes recycled feedstock that is derived from plastic waste in the conventional production process, thereby partially replacing fossil resources.
  • New products from advanced recycling have the same properties as products using fossil-derived building blocks,” said Johanne Wilson, Business Development Manager for ChemCycling at BASF.

Global Polyethylene Terephthalate (PET) Industry Outlook Report 2023-2028: Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants - ResearchAndMarkets.com

Retrieved on: 
Friday, March 8, 2024
Chemicals, Plastics, Manufacturing, Capital expenditure, Growth, Reliance Industries, Detail, Plant, PET, Petrochemical

The "Global Polyethylene Terephthalate (PET) Industry Outlook to 2028-Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Polyethylene Terephthalate (PET) Industry Outlook to 2028-Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants" report has been added to ResearchAndMarkets.com's offering.
  • Global Polyethylene Terephthalate (PET) capacity is poised to see considerable growth over the next five years, potentially increasing from 36.23 mtpa in 2023 to 42.45 mtpa in 2028, registering total growth of 17.2%.
  • Among countries, China is expected to lead PET capacity additions by 2028, followed by India and Saudi Arabia.
  • Obtain the most up to date information available on all active, planned, and announced PET plants globally

Global Propylene Glycol Industry Report 2023: Forecast and Analysis 2012-2023 and 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, February 23, 2024
Pharmaceutical, Other Manufacturing, Health, Chemicals, Plastics, Food, Beverage, Cosmetics, Manufacturing, Retail, Propylene glycol, FDA, Growth, Comprehension, Classification, Development, Petrochemical

The "Global Market for Propylene Glycol - Forecast and Analysis 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Market for Propylene Glycol - Forecast and Analysis 2023" report has been added to ResearchAndMarkets.com's offering.
  • In recent years, the global market for propylene glycol has witnessed significant expansion, driven by its versatile applications across various industries.
  • Firstly, the food and beverage industry plays a pivotal role, accounting for a significant portion of propylene glycol consumption.
  • This industry segment accounted for around 25% of the global market in 2020, and its continued expansion is anticipated to fuel the demand for propylene glycol.

Ethylene Copolymer Industry Research Report 2024 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 8, 2024
Packaging, Chemicals, Plastics, Manufacturing, M&A, Investment, Growth, Health, Porter's five forces analysis, Research, Food, Petrochemical

The "Ethylene Copolymer Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ethylene Copolymer Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global ethylene copolymer market is expected to reach an estimated $77.8 billion by 2030 with a CAGR of 4.1% from 2024 to 2030.
  • The major drivers for this market are expansion of the packaging sector, growing interest in renewable energy, and growth in research and development of ethylene copolymer.
  • Segmentation Analysis: Ethylene copolymer market size by type, application, end use industry, and region in terms of value ($B).

Ethylene Acrylic Acid (EAA) Copolymers Industry Research Report 2024: 20wt% Comonomer is Expected to Witness Highest Growth - Global Trends, Forecast and Competitive Analysis to 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 8, 2024
Chemicals, Plastics, Manufacturing, M&A, Investment, Growth, Porter's five forces analysis, EAA, Adhesive, Petrochemical

The "Ethylene Acrylic Acid (EAA) Copolymers Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ethylene Acrylic Acid (EAA) Copolymers Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global ethylene acrylic acid (EAA) copolymers market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
  • The future of the global ethylene acrylic acid (EAA) copolymers market looks promising with opportunities in the adhesives, barrier coatings, and inks markets.
  • Growth Opportunities: Analysis of growth opportunities in different type, product, category, application , and regions for the ethylene acrylic acid (EAA) copolymers market.

Powell Industries Announces Fiscal 2024 First Quarter Results

Retrieved on: 
Tuesday, January 30, 2024
POWL, Powell Industries, Security (finance), Growth, Biofuel, Internet, Petrochemical, Carbon, Hydrogen, Investment, Commercial, Fiscal, Utility, Traction, Risk

HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 first quarter ended December 31, 2023.

Key Points: 
  • HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 first quarter ended December 31, 2023.
  • Cope, Powell’s Chairman and Chief Executive Officer, stated, “Our first fiscal quarter was very much a continuation of the trends and strong results that we saw in our fourth quarter.
  • Gross profit totaled $48.2 million, or 24.8% of revenue, compared to $52.0 million, or 24.9% of revenue, in the fourth quarter of Fiscal 2023 and compared to $19.5 million, or 15.3% of revenue, in the first quarter of Fiscal 2023.
  • Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy.

Covestro and Encina reach an agreement for a long-term supply of circular raw materials

Retrieved on: 
Wednesday, January 17, 2024
Toluene, MDI, Partnership, Carbon, Benzene, Acetone, Electronics, Phenol, ISCC, Plastic, TDI, Petrochemical

Encina to supply Covestro with chemically recycled raw materials enabling circular MDI, TDI and polycarbonate starting at the end of 2027

Key Points: 
  • Encina to supply Covestro with chemically recycled raw materials enabling circular MDI, TDI and polycarbonate starting at the end of 2027
    PITTSBURGH, Jan. 17, 2024 /PRNewswire/ -- Covestro, a global leader in high performance polymers, and Encina, a US-based producer of ISCC PLUS certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic.
  • Specifically, Encina will supply Covestro with benzene and toluene pending the completion of Encina's world-scale production facility, anticipated to come online at the end of 2027.
  • Building upon previous sustainable sourcing efforts, this marks the first major procurement agreement involving chemically recycled, circular-based raw materials for Covestro, a major step in the company's journey towards full circularity.
  • The agreement with Encina represents a pioneering milestone for incorporating innovative recycling technologies, in this case chemical recycling of end-of-life plastic, into Covestro's production.

Human medicines European public assessment report (EPAR): Dimethyl fumarate Polpharma, dimethyl fumarate, Date of authorisation: 13/05/2022, Revision: 5, Status: Withdrawn

Retrieved on: 
Tuesday, January 2, 2024
Medical Subject Headings, Marketing, European Commission, INN, Dimethyl fumarate, Multiple sclerosis, ATC, Justice, International, Language, Civil service commission, Medicine, Select, Patient, Anatomy, Commission, IIA, Judgement, Petrochemical

Select 'available languages' to access the language you need.

Key Points: 
  • Select 'available languages' to access the language you need.
  • Product information documents contain:
    - summary of product characteristics (annex I);
    - manufacturing authorisation holder responsible for batch release (annex IIA);
    - conditions of the marketing authorisation (annex IIB);
    - labelling (annex IIIA);
    - package leaflet (annex IIIB).
  • Dimethyl fumarate Polpharma : EPAR - All authorised presentations
    Product details
    - Name of medicine
    - Dimethyl fumarate Polpharma
    - Active substance
    - dimethyl fumarate
    - International proprietary name (INN) or common name
    - dimethyl fumarate
    - Therapeutic area (MeSH)
    - Multiple Sclerosis, Relapsing-Remitting
    - Anatomical therapeutic chemical (ATC) code
    - L04AX07
    Pharmacotherapeutic groupImmunosuppressants
    Therapeutic indication
    Dimethyl fumarate Polpharma is indicated for the treatment of adult patients with relapsing remitting multiple sclerosis.
  • Assessment history
    This page was last updated on