Latest news and articles about petrochemical industry from NEX English
One person has died and two others were injured in an accident at Iran's largest petrochemical complex in <strong>Asaluyeh</strong>, according to official Iranian media. The incident occurred on Wednesday, and the cause has yet to be determined.
Indonesia has announced its intention to eliminate tariffs on certain plastic products and liquefied petroleum gas (LPG) to assist plastic producers facing naphtha shortages. This decision will take effect in May.
The Indonesian government has announced the elimination of tariffs on liquefied petroleum gas (LPG) imports, reducing them from 5% to 0%. This decision aims to support the petrochemical sector, which is facing challenges in obtaining necessary raw materials amid current crises.
Lotte Chemical Indonesia has committed to securing raw material supplies for local industries amid geopolitical tensions affecting global supply chains. This announcement comes at a time of significant challenges in securing essential materials worldwide.
Andri Rosiade, Vice Chairman of the Industry Committee in the Indonesian Parliament, emphasized the importance of developing a local petrochemical industry to address rising plastic prices. This statement was made in Padang, highlighting the impact of Middle Eastern conflicts on imported raw material costs.
Multiple fires broke out at the Borouge factory in Abu Dhabi, leading to an immediate suspension of operations. The incident occurred following unspecified protests, raising concerns about the safety of industrial facilities in the region.