Evonik’s portfolio expansion contributes to the consistent strategy of expanding its business with innovative plasticizers of the new generation. (Karsten Bootmann/Evonik)
Germany: Next-Generation Solutions

Evonik to Introduce New Plasticizer Products

Evonik has plans to expand its plasticizer portfolio by adding new plasticizer products—oxo alcohol INA and INA-based plasticizers Vestinol 9 and Elatur CH respectively—next year. The new products will be produced at the company’s largest site in Marl, Germany. The move is in line with the company’s strategy of expanding its business with innovative plasticizers of the new generation.

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Sinopec successfully completes China’s first industrial application of crude oil steam-cracking technology. (Sinopec)
Key Project

China’s Sinopec Successfully Completes Trial of Crude Oil Steam-Cracking Technology

The unique crude oil steam-cracking technology has the ability to convert crude oil directly into ethylene, propylene and other chemical products. The successful trail marks the first industrial application of the crude oil steam-cracking technology in China and will pave the way for transforming China's petrochemical industry. The technology will also significantly shorten the production process, lower production costs and reduce energy consumption and carbon emissions.

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The project is expected to achieve commercial operation in 3Q 2022 and complete the demonstration by end of 2022. (Pixabay)
South Korea: Landmark Project

Asia Pacific’s First 100 % Hydrogen Pilot Power Plant to be Developed in South Korea

Hyosung has chosen Innio’s ‘Ready for Hydrogen’ engine technology for the first 100 % hydrogen pilot power plant in the APAC region. To be built at the Hyosung Chemical Yongyeon plant in Ulsan, South Korea, the plant will run on hydrogen which is produced as a byproduct at the facility. The demonstration of the project will be completed by the end of 2022 and will achieve commercial operation in 3Q 2022.

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