The global petrochemical industry is in its worst downturn in living memory, driven by weak demand, growing overcapacity and ...

As countries around the globe are setting ambitious targets to reduce their dependency on fossil fuels, many will remain reliant on oil and gas for petrochemical production for decades to come.

Local petrochemical companies plan to voluntarily reduce the combined capacity of their naphtha cracking centers (NCC) by up ...

The petrochemical industry has submitted its "business restructuring plans" en masse, marking the completion of the first ...

As far as the petrochemical industry is concerned, the recession is here. Consumers faced with inflation have reduced spending on unnecessary goods such as toys, clothes and iced coffee made and ...

Big booms and bracing busts are defining features of the oil and gas business, but rarely do experts give us a five-year warning to get ahead of the cycle. The petrochemical industry is the latest to ...

Industry groups representing chemical manufacturers argued the president should take economics into account when deciding whether to issue unprecedented exemptions from emissions limits for a pair of ...

The petrochemical industry has spent the past few years hard at work lobbying for state-level legislation to promote “chemical recycling,” a controversial process that critics say isn’t really ...

Fewer still will be aware that a significant slice of the IRA funding is not going to projects for wind or solar or batteries or hydrogen development. Millions of IRA dollars are in fact going to fund ...

October 2004 The petrochemical industry represents a cornerstone in the diversification drive that Saudi Arabia launched primarily for the purpose of reducing the heavy reliance of the national ...

In the 2010s, the petrochemical industry made an awe-inspiring prediction. A region of Appalachia that includes parts of Ohio, West Virginia, Kentucky and Pennsylvania would be home to at least five ...

For a decade, growing American gas production has fueled a boom in petrochemical plants. There are big plans for more of them in Appalachia, but some wonder if the pandemic will crush them. For a ...