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Markets Petrochemicals C2 - C4

RUSSIA Kremlin seeks Chinese support for troubled Ust-Luga gas complex / Sanctions jeopardise return of investments	12.04.2023
SAUDI ARAMCO Construction underway on South Korean cracker / Project signals latest step of major investment	24.03.2023
LYONDELLBASELL Production begins at PO plant in Texas	20.03.2023
INEOS OLEFINS EUR 3.5 bn in financing secured for low-carbon cracker / Belgian facility start-up set for 2026	20.02.2023
ENVIRONMENTAL ACTION USA Two groups plan to file lawsuit against Shell / Activists claim US plant violated pollution rules	14.02.2023
OMV Austrian petchem group accelerates realignment	16.01.2023
LUKOIL Italian refinery sold to Cyprus-based GOI / New owner connected to Israeli producer Carmel Olefins	12.01.2023
OMAN Sabic, OQ, Kuwait Petroleum mull cracker project	09.01.2023
CHEVRON PHILLIPS Technip Energies awarded Golden Triangle furnace contract / 2 mn t/y cracker in Texas	09.01.2023
OMV Adnoc to take Mubadala's 25% stake in Austrian petchem firm / Move increases ownership in Borealis, Borouge	02.01.2023
SAUDI ARAMCO Expansion of petchem complex for Saudi Satorp refinery / Extended partnership with TotalEnergies	20.12.2022
PETROCHEMICAL MARKETS Polyolefins: Fire at Versalis' cracker in France / Downstream plants shut down	15.12.2022
PKN ORLEN Investments finalised with Saudi Aramco / Plans for world-scale cracker in Poland / Aramco to supply 45% of the Polish group's crude oil requirements	08.12.2022
LUKOIL Italy puts refinery in Sicily under trusteeship / Sufficient supply of non-Russian crude to keep the refinery going for “several months”	07.12.2022
LYONDELLBASELL Decision on 400,000 t/y propylene project to be made in late 2023	25.11.2022
CHEVRON PHILLIPS JV with Qatar Energy finalises plans for Texas complex / Ethane cracker and two PE plants due to start up in 2026	23.11.2022
SHELL Mammoth cracker starts up in US / Annual PE output of 1.6 mn t / Project remains divisive	21.11.2022
ADNOC Plans for UAE petchem complex now include cracker, polyolefin plants	16.11.2022
INEOS OLEFINS Technip to outfit Belgian ethane cracker / Project One now due for 2026 start / “First of its kind in Europe”	03.11.2022
EGYPT Gas price reduction for sections of petrochemicals industry / Compensatory measure for weak national currency	19.10.2022
PETROCHEMICALS USA Bloomberg-backed anti-pollution campaign takes aim at US petchem expansion / Plastics industry fires back / EPA launches environmental justice office	10.10.2022
BOREALIS Ponticelli wins contract for troubled PDH plant in Belgium / Stronger measures added to control contractor social and labour standards	07.10.2022
TOTALENERGIES Strike at eight French sites / Petchems, polymers partially affected	28.09.2022
ROSNEFT Seized German refineries brace for transformation / Russian response could hit crude supplies to PCK Schwedt, Leuna	28.09.2022
FORMOSA District Court in Louisiana cancels environmental permits for Sunshine Project / Major petchem site under intense pressure	22.09.2022

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