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PROCESS regularly reports on the Chinese chemical and pharmaceutical market with its ‘China Market Insider’ format. (Source: ©sezerozger - stock.adobe.com)
China Market Insider

China's Petrochemical Industry Relies on Cheap Ethane from the USA

Ethylene from ethane, obtained through steam cracking, is the latest boom sector in China's petrochemical industry. Construction of no less than three new large-scale plants was completed just before the start of the New Year, PROCESS (China) reports. While the vast majority of ethylene in China is still produced in petroleum refineries from naphtha, a number of investors are now turning to cheap ethane, mainly from shale gas deposits in the US.

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Europe is expected to dominate the green ammonia market owing to the numerous upcoming green hydrogen projects in the region, followed by the Asia Pacific region.  (Source: Freepik)
Industry Trend

Creating a Revolutionary Impact with Green Ammonia

Green ammonia is gradually becoming popular within the industry due to its outstanding benefits such as the production of zero-carbon fertilizers and fuel. It is also an excellent energy storage medium and carrier of hydrogen which makes it more attractive to industry players. Many big-ticket projects with a dedicated focus on producing green ammonia have been announced worldwide in recent years and with time it’s only going to increase as more and more industrial firms join the net-zero objective.

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The project is a milestone in the European chemical sector duer to its size, its advanced technology and its contribution to the energy transition.  (Source: ©Tanakorn–stock.adobe.com)
4,000-Million Euro Investment

Ineos to Build World Scale Ethylene Plant in Europe

Técnicas Reunidas has bagged a contract for project management, engineering, procurement and construction management and supervision services for Ineos’ mega ethylene facility in Europe. Claimed to be a milestone project in the European chemical sector, the plant will be built in the Belgian port of Antwerp and will have a production capacity of 1.5 million tons annually.

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