Ethylene
From Groundbreaking to Production: How ExxonMobil’s Huizhou Plant Set New Speed Records
July 17, 2025 – ExxonMobil has officially launched operations at its landmark $10 billion Huizhou ethylene complex in Guangdong province, marking a new era for China’s petrochemical sector. The wholly foreign-owned facility represents both the first major U.S.-funded chemical project in China and the pioneering foreign-invested petrochemical development in the Greater Bay Area. AsiaMB’s industry…
End of an Era: SABIC Shuts Down Historic UK Ethylene Plant Amid European Industry Crisis
June 30, 2025 - SABIC Shuts Down UK Olefins Plant, Marking End of an Era for European Petrochemicals In a significant move reflecting the shifting dynamics of the global chemical industry, Saudi Basic Industries Corporation (SABIC) has permanently decommissioned its Olefins 6 cracker in Teesside, UK. The facility, which had been idle since 2020, will…
Major Upgrade on the Horizon for Shanghai Petrochemical
January 18, 2025 – Shanghai Petrochemical Announces Ambitious Self-Financed Technological Transformation and Upgrade Plan Shanghai Petrochemical has recently announced its plan to self-finance a project worth approximately RMB 21.307 billion to drive a comprehensive technological transformation and quality upgrade across the company. This initiative aims to achieve a more efficient and environmentally friendly production model…
BASF Launches Major Lawsuit Over Ethylene Price Manipulation
January 18, 2025 – BASF Launches Billion-Euro Lawsuit Against Four Firms for Alleged Ethylene Price Manipulation German chemical giant BASF has recently initiated a lawsuit seeking billions in damages against four companies accused of manipulating ethylene procurement prices. Confirming the move, BASF officially filed the suit on January 16 against the firms implicated in the…
Major Milestone: Sinopec Approves Overall Design for Yueyang’s Giant Ethylene Project
January 18, 2025 – Sinopec Approves Overall Design for Yueyang Ethylene Project, Marking Substantial Progress Sinopec Group has officially announced the approval of the overall design for the ethylene section of the Yueyang Ethylene Project, expressing principled agreement on the project’s general process flow, construction scale, and product plan. This significant development signifies the advancement…
he Rise of China’s Ethylene Industry: Shaping the Future of Global Petrochemicals
November 04, 2024 – China’s ethylene industry has emerged as a global leader, with its capacity accounting for half of Asia’s total and surpassing the United States to rank first worldwide in 2022. Looking ahead, the country’s ethylene capacity is projected to surge by 80% to reach 83.87 million tons per annum by 2030, accounting…
The Boom of China’s Ethylene Industry and Its Global Impact
October 25, 2024 – China’s ethylene production capacity has been on a steady growth trajectory, solidifying its position as a key player in the global market. In 2022, China surpassed the United States to become the world’s largest ethylene producer, with its capacity accounting for over 50% of Asia’s total. Looking ahead, China’s ethylene production…
Sinopec’s Yueyang Ethylene Project: A $5.3B Industrial Behemoth Forging Ahead
September 23, 2024 – The highly anticipated flagship project among Hunan Province’s “Top Ten Industrial Projects” in 2024, Sinopec’s Yueyang region (Hunan Petrochemical) 1 million metric tons per annum (MMTPA) ethylene refining and petrochemical integration project, is forging ahead at full speed, with its site preparation activities presenting a bustling scene of intense activity. In…
The Vital Importance of Embracing a Healthy Lifestyle
September 14, 2024 – A significant leap forward has been achieved in the ambitious petrochemical landscape with the recent procurement milestone of the CNOOC-Shell Huizhou Phase III Ethylene Project. The project has successfully secured the purchase of nine ethylene cracking furnaces, marking a core and financially substantial component of the entire initiative. This accomplishment not…
Shanghai SECCO Unveils Environmental Impact Report for Ethylene Feedstock and Product Optimization Project
September 06, 2024 – Shanghai SECCO Petrochemical Company Limited has recently embarked on a pre-approval public consultation phase for the Environmental Impact Assessment (EIA) report pertaining to its Ethylene Feedstock Optimization and Product Enhancement Project. This landmark initiative, spearheaded by SECCO in collaboration with Shanghai Danebella Environmental Technology Development Co., Ltd., is situated within the…
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