Polyolefins

Honeywell UOP will provide process technologies, equipment, catalysts and technical support for Hengyi’s Pulau Muara Besar Phase II to expand crude-processing to about 20 million metric tons/year.

Project added used cooking oil and stretch plastics, collected 170,000+ kg of recyclables, cut over 400,000 kg CO2e, and runs Recycle Stations at six PTT sites on weekends.

700,000 b/d single‑train refinery in Kenya to come online faster by reusing proven designs, cutting development time by nearly two years; will make fuels and polypropylene and handle varied crudes.

Confirmatory due diligence underway; key JV terms and quantified synergies to be finalized by October 2026.

Closure driven by weak demand, high energy costs and import pressure; 165,000 t/yr PVC capacity affected; Q1 2027 shutdown and ~$205m pre-tax charges.

Includes license for a world‑scale mixed‑feed ethylene cracker and PDP/FEED for integrated units producing ethylene, propylene, HDPE/LLDPE and polypropylene.

EUR 6 million expansion adds 1,100 m² and three extrusion lines for PE and PP pipes; first line expected operational in 2027 to boost European supply capacity.

Exclusive Licensing Collaboration makes one partner the worldwide licensor of CTR® LDPE technology, formalising long-standing cooperation and leveraging decades of execution expertise.

Partnership to accelerate adoption of low‑carbon polyethylene packaging by combining materials, packaging scale and verified product carbon data to cut Scope 3 emissions.

Operational gains, cost control and market recovery drove stronger earnings; capex fell 18%, renewables expanded, and dividend remains paused until net debt is sustainably below US$3bn.