Sinopec Yizheng Begins Production At World’s...

Sinopec announced that the world’s largest purified terephthalic acid (PTA) project by single-unit production capacity was put into operation at Sinopec Yizheng Chemical Fiber in Jiangsu Province, China. The new line has a production capacity of 3 mta of PTA, which will provide feedstock for the company’s polyethylene terephthalate production. Invista Performance Technologies had agreed to license its PTA P8++ technology for the PTA project. The PTA plant is one of the most complex facilities...

Neste & Lotte Announce Collaboration For...

Neste indicated that it is teaming up with Lotte Chemical to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics. As part of the collaboration, Neste will supply its renewable Neste RE raw material to Lotte’s sites in South Korea for the production of various types of plastics and chemicals with a lower carbon footprint. Neste is looking forward to increasing the share of renewable solutions in collaboration with Lotte Chemical. Company can pav...

Kumho, SK Geo & Tongsuh Sign MoU To Form...

Kumho Petrochemical has signed a memorandum of understanding (MoU) with SK geo centric and Tongsuh Petrochemical to establish a sustainable bio raw material (bio-monomer) supply chain within the Ulsan Industrial Complex in South Korea. Under the MoU, the parties agreed to cooperate in converting monomers from the existing raw material supply chain into bio-monomers. The bio-monomers are produced from bio-naphtha using environmentally-friendly raw materials such as canola oil and waste cooking...

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