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Chemical Management
Afton Chemical | July 21, 2022
Afton Chemical Corporation, a global leader in petroleum additives, announced the recent completion of a $70 MM USD investment in its Sauget, IL Plant’s Automatic Transmission Fluid additive production facility. The investment will help support the growing needs of oil marketers and Original Equipment Manufacturers for next-generation developments in electric vehicle fluids, including hybrid and battery electric vehicles. The improvements will also provide additional capabil...
Chemical Technology
Schlumberger | October 18, 2022
Schlumberger announced today that it has entered into an agreement with RTI International, a nonprofit research institute, to accelerate the industrialization and scale-up of its proprietary non-aqueous solvent (NAS) technology, which enhances the efficiency of absorption-based carbon capture. The NAS technology will be applicable to capture CO2 across a broad variety of industrial emissions. “With the world’s carbon budget running out, reducing e...
ExxonMobil | March 02, 2022
ExxonMobil said it is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry. “Hydrogen has the potential to significantly reduce CO2 emissions in vital sectors of the economy and create valuable, lower-emissions products that support modern life. By ...
Aramco | November 17, 2022
Aramco is making its biggest ever investment in South Korea to develop one of the world's largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, in line with the company's strategy to maximize the crude to chemicals value chain. The $7 billion Shaheen project aims to convert crude oil into petrochemical feedstock and would represent the first commercialization of Aramco and Lummus Technology's TC2C thermal crude to chemicals technology, w...
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