Recent developments
Low-carbon ethylene capacity
BASF brought onstream the steam cracker at its Zhanjiang Verbund site, supplying ethylene and propylene and targeting 1 million metric tons per year ethylene. The unit’s main compressors run on 100% renewable electricity. Downstream EO, EG, PE and propylene units are also starting, anchoring integrated production for the Chinese market.
Resid upgrading, polymers
In India, Technip Energies secured contracts for BPCL’s Bina and Mumbai refineries, covering EPCC for 550 ktpa polypropylene and 50 ktpa Butene‑1 at Bina, and EPsCm for a 3 MMTPA PRFCC at Mumbai to convert heavy residues to lighter products, with associated units and utilities.
Deep gas feedstock
ADNOC approved the SARB Deep Gas Development within the Ghasha Concession, targeting 200 MMscfd by decade-end. Operations will be remotely managed from Arzanah Island, tying four production wells to Das Island for treatment and integration with ADNOC Gas facilities.
Refining portfolio shift
Eni formed Eni Industrial Evolution S.p.A. to manage refining, logistics, and transformation assets, including Sannazzaro de’ Burgondi, Taranto, Livorno and a stake in Milazzo, plus depots, pipelines, and research sites. The entity will operate via contracts with Eni, aligning licenses and authorizations for industrial transformation initiatives.