Netherlands’ BioBTX Reaches Final Investment Decision for Delfzijl Circular Aromatics Plant

Dutch start-up BioBTX has reportedly reached a Final Investment Decision (FID) for its PETRA circular aromatics plant in Delfzijl. The plant is described as the world’s first commercial-scale facility to convert waste plastics into renewable aromatic oil, producing benzene, toluene and xylene (BTX), it is reported. The PETRA plant is reported to process 20,000 tonnes […]

Malaysia’s Pengerang Energy Complex Appoints China’s CNCEC as EPCC Contractor

It is reported that Pengerang Energy Complex (PEC), a project developed by Singapore’s ChemOne Group in Malaysia, announced on June 9, 2026 that it had selected China National Chemical Engineering Co Ltd (CNCEC) as its EPCC (Engineering, Procurement, Construction and Commissioning) contractor. This decision is reported to replace the previous contractor, Italy’s Maire SpA, marking […]

ADNOC’s Ruwais LNG Signs 15-Year SPA with INPEX as Main EPC Front-Runner Emerges

The Ruwais LNG (Liquefied Natural Gas) project being developed by UAE’s ADNOC Gas has reportedly signed a 15-year sales and purchase agreement (SPA) with Japan’s INPEX, while the TJN Ruwais consortium — comprising Technip Energies, JGC and NMDC Energy — has emerged as the front-runner for the main EPC (Engineering, Procurement and Construction) contract. Ruwais […]

Bahrain’s GPIC Awards FEED Contract to Fluor for New Aromatics Unit at Sitra Complex

Bahrain’s state-owned petrochemical company Gulf Petrochemical Industries Co. (GPIC) has reportedly awarded a FEED (Front-End Engineering Design) contract to U.S.-based Fluor Corp. for a new aromatics unit (para-xylene and benzene) at its Sitra complex. The new unit is planned with a capacity of 1.2 million tonnes per year of para-xylene and 500,000 tonnes per year […]

Lotte Chemical and HD Hyundai Oilbank’s Daesan Joint Venture ‘H&L Advanced’ Officially Launches September 1

The Daesan petrochemical joint venture between Lotte Chemical and HD Hyundai Oilbank, named ‘H&L Advanced,’ officially launched on September 1, 2026, it is reported. The surviving entity is HD Hyundai Chemical, into which Lotte Daesan Petrochemical — the company spun off from Lotte Chemical’s former Daesan plant — will be merged, with Lotte Chemical and […]

Korea Southern Power’s Hadong Coal Plant to Convert to 1GW LNG Combined Cycle, Doosan Enerbility Consortium Selected

Korea Southern Power has reportedly selected a consortium of Doosan Enerbility and SNT Energy as the EPC (Engineering, Procurement and Construction) contractor for the project converting the coal-fired Hadong Units 2 and 3 (1,000MW) into an LNG (Liquefied Natural Gas) combined cycle power plant. The project reportedly involves demolishing the existing coal-fired facilities at Hadong […]

SABIC-Fujian Energy’s Gulei Ethylene Complex Enters Final Commissioning, Targets August Start-Up

The Gulei ethylene complex, a joint venture between Saudi Arabia’s SABIC and Fujian Energy Petrochemical Group of China, has reportedly entered final commissioning with a target of commercial start-up in August 2026. The project is being developed by SABIC Fujian Petrochemicals Co., Ltd., in which SABIC Industrial Investment holds a 51% stake and its Fujian-based […]

Sinopec Engineering Wins $45 Million EPC Contract for Emergency Repairs at Saudi Aramco’s Ras Tanura Refinery

It is reported that Sinopec Engineering (Group) Co., Ltd. (hereinafter SEG) has secured an EPC (Engineering, Procurement and Construction) contract for emergency repair works at Saudi Aramco’s Ras Tanura refinery. The contract is valued at USD 45 million, and according to reports, SEG disclosed this in its first-half 2026 results announcement released on August 16, […]

Yanchang Petroleum’s Yan’an 10-Million-Ton-Per-Year Refining-Chemical Integration Project Sees Series of Recent Progress

It is reported that Yanchang Petroleum (Shaanxi Yanchang Petroleum (Group) Co., Ltd.), a state-owned energy company based in Shaanxi Province, China, has made a series of recent advances on its Yan’an 10-million-ton-per-year refining-chemical integration transformation and upgrade project. The total investment is reported at approximately RMB 80.29 billion, with related news reported on August 11, […]

PetroChina’s Huhhot Petrochemical Advances 1-Million-Ton/Year Ethane and Light Hydrocarbon-to-Ethylene Project in Wushen Banner, Inner Mongolia, as Social Stability Risk Assessment Is Published

It is reported that the ethane and light hydrocarbon-to-ethylene project being pursued by PetroChina’s Huhhot Petrochemical (呼和浩特石化) branch in Wushen Banner (乌审旗), Ordos, Inner Mongolia, achieved a key milestone on August 4, 2026, when the Wushen Banner People’s Government published a social stability risk assessment disclosure. The total investment is reported to be approximately RMB […]

Vietnam’s First LNG Combined-Cycle Power Plant, Nhon Trach 3 & 4, Begins Commercial Operation with GE Vernova 9HA.02 Gas Turbines

It is reported that Nhon Trach 3 and 4, Vietnam’s first LNG (Liquefied Natural Gas) combined-cycle power plant, have entered commercial operation using GE Vernova’s 9HA.02 gas turbines. Nhon Trach 3 is reported to have received commercial operation certification on November 19, 2025, and Nhon Trach 4 subsequently began commercial operation as well, with GE […]

Power2X Announces Final Investment Decision for ‘Djewels’ Green Hydrogen Plant in Delfzijl, Netherlands

Power2X has announced a Final Investment Decision (FID) for its ‘Djewels’ green hydrogen production facility to be built in the Delfzijl chemical complex in the Netherlands. It is reported that the plant will feature a 20MW electrolyzer with an annual green hydrogen production capacity of approximately 2,000 tonnes, and that commercial production is targeted for […]

CF Industries-JERA-Mitsui JV Breaks Ground on ‘Blue Point One,’ World’s Largest Low-Carbon Ammonia Plant

It is reported that a joint venture (JV) formed by CF Industries, JERA, and Mitsui has held a groundbreaking ceremony for the ‘Blue Point One’ low-carbon ammonia production facility in Louisiana, United States. The total investment is reported at 3.47 billion dollars, and upon completion the plant is expected to become the world’s largest single […]

NextEra Energy and Brookfield to Develop $100+ Billion Gas-Fired Power and AI Data Center Complex at Former Uranium Enrichment Site in Paducah, Kentucky

It is reported that NextEra Energy and Brookfield Asset Management are developing a large-scale energy complex combining natural gas-fired power generation with a hyperscale artificial intelligence (AI) data center at the site of a former uranium enrichment (gas diffusion) plant in Paducah, Kentucky. The total private investment is said to exceed $100 billion, with Phase […]

S-Oil to Invest KRW 263 Billion in Gas Turbine Generator Expansion at Onsan Plant in Ulsan, Raising Self-Generation Ratio to 42%

S-Oil has announced that it will invest KRW 263 billion to expand its natural gas self-generation facilities, specifically gas turbine generators (GTG), at its Onsan plant in Ulsan. It is reported that once the expansion is complete, the plant’s self-generation ratio will rise from the current level of approximately 10% to 42%. Through this investment, […]

Chiyoda Corporation Signs MOU with Sage Geosystems of the U.S. for Joint Feasibility Study on Commercializing Next-Generation EGS Geothermal Technology

Chiyoda Corporation of Japan has announced that it signed a memorandum of understanding (MOU) with Sage Geosystems of the United States for a joint feasibility study aimed at commercializing Enhanced Geothermal Systems (EGS) technology. The MOU is reported to have been signed on August 26, 2026. Under the MOU, Chiyoda Corporation and Sage Geosystems are […]

Danantara and INA Sign $200 Million Investment Deal for Chandra Asri’s CA-EDC Chemical Plant in Indonesia

Indonesia’s sovereign wealth fund Danantara Indonesia and the Indonesia Investment Authority (INA) have reportedly signed a Conditional Share Subscription Agreement (CSSA) to jointly invest $200 million in Chandra Asri Group’s chlor-alkali-EDC (CA-EDC) chemical plant. The agreement is reported to follow up on a memorandum of understanding (MOU) signed in 2025. The investment target is the […]

Catalyxx Announces Its First Commercial-Scale Bio-Based Chemical Plant in Sines, Portugal

Spain-based technology firm Catalyxx has reportedly announced the construction of its first commercial-scale bio-based chemical plant, “Catalyxx Ibérica,” at the Sines Industrial and Logistics Zone (ZILS) in Portugal. The plant, which produces butanol, hexanol, and octanol from bioethanol feedstock, has reportedly been designated a Project of National Interest (PIN) by the Portuguese government and has […]

Zeon Corporation Breaks Ground on SWCNT Plant at Tokuyama Facility — Investment of Approximately 14.7 Billion Yen

Japanese chemical company Zeon Corporation (日本ゼオン) has reportedly broken ground on a new single-walled carbon nanotube (SWCNT) plant at its Tokuyama facility in Shunan City, Yamaguchi Prefecture. Total investment is reported at approximately 14.7 billion yen, with up to 5.1 billion yen in subsidies reported to be provided under Japan’s Ministry of Economy, Trade and […]

Technip Energies Awarded Feedstock Conversion Contract for Long Son Petrochemicals Cracker in Vietnam

Long Son Petrochemicals (LSP) of Vietnam has reportedly awarded Technip Energies a contract to convert its existing naphtha-fed steam cracker to ethane feedstock. Technip Energies is reported to provide engineering and procurement services, site assistance, and supply of patented burners for the cracking furnaces. Long Son Petrochemicals is a large petrochemical complex located in Ba […]

ENEOS to Acquire TPC Holdings in the U.S. — Securing World’s Third-Largest Butadiene Production Capacity

Japan’s ENEOS Group has reportedly decided to acquire U.S. chemical company TPC Holdings Inc. Upon completion of the acquisition, ENEOS is reported to secure the world’s third-largest butadiene production capacity. TPC Holdings is reported to be a chemical company with butadiene and C4 fraction production facilities located near Houston, Texas, and elsewhere in the United […]

Huajin-Aramco Panjin Complex Completes Ignition of All Five Power Station Boilers

The power station serving the Huajin-Aramco (华锦阿美) refining and petrochemical complex in Panjin, Liaoning Province, China, is reported to have successfully ignited all five of its boilers and achieved steam production. With the successful ignition of the fifth boiler, the water, electricity, and steam supply system for the entire complex has reportedly been completed, paving […]

U.S. Army to Deploy Nuclear Microreactors at Five Bases — $2.2 Billion Janus Program

The U.S. Army, together with the Defense Innovation Unit (DIU), has reportedly signed agreements worth up to $2.2 billion to build nuclear microreactors at five military bases under its Janus Program. Five companies are reported to build, own, and operate (BOO) microreactors at their respective assigned bases. The selected companies and bases are reported to […]

Saudi-Kuwait Neutral Zone’s Dorra Gas Field: Técnicas Reunidas Wins $1.65bn Onshore Processing EPC Contract

Spanish engineering firm Técnicas Reunidas has reportedly been awarded an onshore gas processing facility construction package for the Dorra gas field development, a joint project of Saudi Arabia and Kuwait in their shared Neutral Zone. The contract is valued at approximately $1.65 billion, with the client identified as Al-Khafji Joint Operations (KJO), a joint venture […]

Kodiak Gas Services and Baker Hughes Sign Multi-Year Agreement for Up to 1.8 GW of Gas Turbines for U.S. Data Centers

U.S. energy infrastructure company Kodiak Gas Services and energy technology company Baker Hughes have signed a multi-year strategic agreement for power generation equipment, including behind-the-meter power for data centers, it is reported. The agreement is anchored by an initial equipment award that will enable approximately 1 gigawatt (GW) of generation capacity to be delivered by […]

Dushanzi Petrochemical’s Tarim Phase 2 Ethylene Project Reaches Full Production at 1.2 Million Tonnes/Year

PetroChina subsidiary Dushanzi Petrochemical’s “Tarim Phase 2 Ethylene Project” in China’s Xinjiang region has reached full production at a capacity of 1.2 million tonnes per year, it is reported. With this startup, Dushanzi Petrochemical’s total ethylene production capacity has risen from 2 million tonnes/year to 3.2 million tonnes/year, according to reports. The project is located […]

Stamicarbon to Supply Three HP Urea Strippers to SKW Piesteritz Urea Plant in Germany

Stamicarbon, the urea process technology company of Italian engineering group MAIRE, has signed a contract to supply three high-pressure (HP) urea strippers to SKW Stickstoffwerke Piesteritz GmbH in Germany, it is reported. The client, SKW Piesteritz, is reported to operate one of Europe’s largest integrated ammonia and urea production complexes in Lutherstadt Wittenberg, Germany. Stamicarbon […]

KOEN Breaks Ground on Korea’s Largest 400 MW ‘Haenam Solar’ Project, to Supply SK hynix

Korea Southern Power Co. (KOEN) has broken ground on the “Haenam Renewable Energy Complex Solar Power Project,” a 400-megawatt (MW) facility that is the largest single-site solar project in South Korea, it is reported. Electricity generated at the site is set to be supplied to SK hynix under a renewable energy power purchase agreement (PPA), […]

China’s Jingmen Petrochemical Completes 1.4-Million-Ton Naphthenic Specialty Oil Base with New 600,000-Ton Unit

Sinopec-affiliated Jingmen Petrochemical in China has started up a new 600,000-ton-per-year naphthenic specialty oil hydrocracking unit, raising its total specialty oil production capacity to 1.4 million tons per year and completing a million-ton-class production base, it is reported. The newly commissioned unit is a hydrocracking facility producing naphthenic specialty oils used as feedstock for transformer […]

L&T Wins Ultra-Mega $1.57 Billion Gas Compression Plant EPC Contract in the Middle East

Indian engineering company L&T (Larsen & Toubro) has been awarded an ultra-mega EPC (Engineering, Procurement and Construction) contract worth roughly US$1.57 billion (over INR 15,000 crore) for a sour gas processing and compression plant in the Middle East, it is reported. The contract will be executed by L&T’s Energy Hydrocarbon Onshore business, and L&T itself […]

Germany’s RWE and Evonik Begin First Commercial Green Hydrogen Delivery via GET H2 Nukleus

Green hydrogen produced by RWE in Lingen, Lower Saxony, has reached Evonik’s chemical park in Marl in the Ruhr area for the first time via pipeline, it is reported. This marks the GET H2 Nukleus project — which integrates electrolysis, transport infrastructure and industrial offtake — entering actual operational stage. RWE is commissioning two 100-megawatt […]

BP Completes Sale of Germany’s Gelsenkirchen Refining and Petrochemical Complex to Klesch Group

BP has announced the completion of the sale of its Gelsenkirchen refining and petrochemical complex and related businesses in Germany to Klesch Group. The completion follows BP’s divestment plan announced in March, and is part of BP’s strategy to simplify its downstream portfolio. The divested assets comprise the integrated refining and petrochemical complex at Gelsenkirchen, […]

CHS and OCP North America Plan Up to $450 Million Phosphate Fertilizer Plant in Louisiana

CHS, America’s largest farmer-owned cooperative, and OCP North America, a subsidiary of Morocco’s OCP Group, have announced a joint venture to build a phosphate fertilizer production facility in Waggaman, Louisiana. Once completed, the plant would be the first new phosphate fertilizer facility built in the United States since 1984. The two companies plan to build […]

Hyundai E&C Secures Priority EPC Role for Up to Eight TerraPower Natrium Reactors

Hyundai Engineering & Construction (Hyundai E&C) announced that it has signed a framework agreement with U.S. nuclear company TerraPower covering projects involving TerraPower’s Natrium reactor. Under the agreement, Hyundai E&C has reportedly secured priority rights as an EPC (Engineering, Procurement and Construction) partner for up to eight additional Natrium reactors planned by TerraPower. The signing […]

DS Dansuk Establishes SAF Subsidiary ‘DS Orbion,’ Targets 300,000 Tons Annual Production in Gunsan

DS Dansuk has reportedly established ‘DS Orbion,’ a subsidiary dedicated to its Sustainable Aviation Fuel (SAF) business. Based at a net-zero complex within the Gunsan National Industrial Complex in North Jeolla Province, DS Orbion plans to build a production system capable of producing 300,000 tons of SAF annually by 2030, it is reported. The site […]

HD Hyundai Oilbank Starts Commercial Operation of 277MW LNG Cogeneration Plant at Daesan Industrial Complex

HD Hyundai E&F, a wholly owned district energy subsidiary of HD Hyundai Oilbank, has reportedly completed construction of a liquefied natural gas (LNG) cogeneration facility at the Daesan Industrial Complex in Seosan, South Chungcheong Province, and began commercial operation in August 2026. HD Hyundai E&F, established in 2021 as HD Hyundai Oilbank’s district energy specialist […]

China Salt’s Hongsifang Signs Investment Agreement for RMB 7.475 Billion Fertilizer Complex in Xinjiang’s Korla

Hongsifang Fertilizer of Anhui, a subsidiary of the Chinese state-owned salt company China National Salt Industry Corporation, has reportedly signed an investment agreement to build a large-scale fertilizer complex in Korla, Bayingolin Mongol Autonomous Prefecture, Xinjiang Uyghur Autonomous Region. The total planned investment is reported at RMB 7.475 billion (approximately US$1.05 billion). The investment agreement […]

JERA Americas Advances $2 Billion Plan for 500MW Gas-Fired Power Plant and LNG Import Facility on Oahu, Hawaii

JERA Americas, the US subsidiary of Japan’s JERA, is reportedly advancing a plan to develop a natural gas-fired power plant and offshore liquefied natural gas (LNG) import infrastructure on the island of Oahu, Hawaii, at a total cost of approximately $2 billion. JERA Americas has reportedly signed a Strategic Partnering Agreement with the State of […]

Mitsubishi Chemical to Build New Production Facility for Ultra-High-Purity Colloidal Silica for Semiconductors, Targets Commercial Operation in October 2028

Japan’s Mitsubishi Chemical Group has reportedly decided to commercialize ultra-high purity colloidal silica for cutting-edge semiconductor processes and will build a new production facility at the Fukuoka district of its Kyushu Plant in Kitakyushu City, Fukuoka Prefecture. The target for commercial operation is reported to be October 2028. The new facility is reportedly intended to […]

SCGC and PTTGC’s Feasibility Study on Thailand Olefins and Polyolefins Joint Venture Proceeds Smoothly, Targeting Conclusion in September

SCG Chemicals (SCGC) and PTT Global Chemical (GC, PTTGC), Thailand’s two largest petrochemical companies, are reportedly conducting a feasibility study on forming a strategic joint venture (JV) covering their olefins and polyolefins businesses, with the study targeted for completion in the third quarter of 2026, in September. The two companies reportedly signed a non-binding Memorandum […]

Huajin Aramco’s Panjin Petrochemical Complex Completes Mechanical Construction of Five Units

Five core production units, including an ethylbenzene and styrene facility, at the Huajin Aramco Petrochemical complex under construction in Panjin, Liaoning Province, China, have reportedly completed mechanical completion and entered the production readiness stage. The entire complex is reported to be targeting full-scale operation in the second half of 2026. Huajin Aramco Petrochemical is reportedly […]

SNT Energy to Supply $23 Million Air Cooled Condensers for SABIC Olefin PlantDamaged in US-Iran Conflict

SNT Gulf for Industry, the Saudi Arabian subsidiary of SNT Energy, has reportedly secured a contract worth US$23 million from SABIC (Saudi Basic Industries Corporation) to supply air cooled condensers for the restoration of SABIC’s olefin plant in Jubail, Saudi Arabia. The SABIC olefin plant is said to have been damaged and forced to shut […]

China’s Energy China (CEEC) Wins $1.7 Billion EPC Contract for Taweelah C Combined-Cycle Plant in Abu Dhabi

China Energy Engineering Corporation (CEEC), a Chinese state-owned energy construction firm, has won an EPC (Engineering, Procurement and Construction) contract worth approximately $1.7 billion to build the Taweelah C combined-cycle power plant in Abu Dhabi, UAE, it is reported. Siemens Energy’s latest large-scale gas turbines are set to be supplied for the project. The Taweelah […]

PetroChina Advances 68.5 Billion Yuan Integrated Refinery-Petrochemical Complex in Dalian Changxingdao

China’s state-owned PetroChina is advancing a new integrated refinery-petrochemical complex on Changxingdao Island in Dalian, Liaoning Province, with a total investment of approximately 68.5 billion yuan (about $9.56 billion), it is reported. The project is also intended to gradually replace an existing aging refinery within the city of Dalian. The project centers on a new […]

Korea’s FTC Conditionally Approves Lotte Chemical-HD Hyundai Chemical Daesan Integration, 1.2 Trillion Won Capital Increase

Korea’s Fair Trade Commission (FTC) has conditionally approved HD Hyundai Chemical’s merger with Lotte Daesan Petrochemical, it is reported. Under the integration, the two companies will each inject 600 billion won, for a combined 1.2 trillion won capital increase, and Lotte Chemical’s naphtha cracking center (NCC) at its Daesan plant will be shut down. The […]

Malaysia’s NEWGEN26 Gas Combined-Cycle Tender Draws Five Consortia, Including PETRONAS

Five consortia, including national oil company PETRONAS, have submitted bids for Malaysia’s NEWGEN26 gas combined-cycle power project, it is reported. The tender is drawing attention as PETRONAS’s first direct entry into the power generation business. NEWGEN26 is a project to build new CCGT (Combined Cycle Gas Turbine) facilities to replace aging coal-fired power plants, it […]

Netherlands’ BioBTX Takes FID on World’s First Commercial-Scale Circular Aromatics Plant

Dutch chemical startup BioBTX has taken a Final Investment Decision (FID) to build the world’s first commercial-scale circular aromatics plant in Delfzijl, it is reported. The investment is reported to exceed 80 million euros. The plant will use mixed waste plastics as feedstock to produce renewable aromatics such as benzene, toluene, and xylene (BTX), it […]

Vietnam’s Dung Quat Refinery Seeks $600 Million in Financing for $1.49 Billion Expansion

Vietnam’s Binh Son Refining and Petrochemical Company (BSR) has begun a $600 million financing process for the expansion and upgrade of the Dung Quat refinery, it is reported. The total investment for the expansion project is approximately $1.489 billion, of which the EPC (Engineering, Procurement and Construction) contract portion accounts for around $1.2 billion. The […]

NextEra Energy Finalizes Funding for 10GW Gas Power Buildout in Texas and Pennsylvania with U.S. Commerce Dept. and Government of Japan

NextEra Energy has finalized commercial terms with the U.S. Department of Commerce and the Government of Japan and reached a funding milestone for up to 10GW of gas-powered generation in Texas and Pennsylvania, it is reported. The initial investment is $3.3 billion, and the project is linked to Japan’s $550 billion investment pledge to the […]

Doosan Enerbility Wins EPC Contract for Oman’s Misfah Gas Combined-Cycle Plant Worth 930 Billion Won

Doosan Enerbility has won an EPC (Engineering, Procurement and Construction) contract for the Misfah gas combined-cycle power project in Oman worth approximately 930 billion won, it is reported. This is equivalent to 5.4% of Doosan Enerbility’s consolidated revenue for the previous year. The project involves building a 1,700MW CCGT (Combined Cycle Gas Turbine) facility approximately […]