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bp agrees to sell its petrochemicals business to INEOS

$5 billion deal for bp’s global aromatics, acetyls and related businesses

30-Jun-2020

bp announced that it has agreed to sell its global petrochemicals businessto INEOS for a total consideration of $5 billion, subject to customaryadjustments. The agreed sale, the next strategic step in reinventing bp, willfurther strengthen bp’s balance sheet and delivers its target for ...

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ALPLA joins cross-industry consortium for chemical recycling

Innovative technology enables circularity for difficult-to-recycle PET plastic waste

02-Jan-2020

ALPLA Group joins a new consortium for chemical recycling of PET. The consortium intends to speed up the commercialisation of enhanced recycling technology, BP Infinia, which turns opaque and difficult-to-recycle PET plastic waste into recycled feedstocks.Leading companies operating across the ...

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Industrial consortium on the way to green kerosene

Industrial-scale power-to-liquid plant planned

16-Apr-2019

A funding application for the construction of an industrial demonstration plant has been agreed by a partnership of major companies as part of a memorandum of understanding entitled “GreenPower2Jet” (GP2J). The aim of the project, after successful pre-engineering, is to build an industrial-scale ...

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BP, Nouryon and Port of Rotterdam partner on green hydrogen study

16-Apr-2019

BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the opportunity of making ‘green hydrogen’ via water electrolysis for BP’s refinery in Rotterdam, the Netherlands, which has the potential for significant reductions in CO2 emissions. The ...

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Jacobs Receives Contract from BP in Belgium

08-Jan-2015

Jacobs Engineering Group Inc. announced that it received a contract from BP Chembel N.V. for basic and detailed engineering services to upgrade its facilities in Geel, Belgium.Under the terms of the contract, Jacobs is installing new equipment and performing upgrades in the facility’s PTA units. ...

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BP Pledges $100 Million to UK-Led Universities to Create Industry-Changing Materials

08-Aug-2012

BP is to establish a $100 million international research centre, known as the BP International Centre for Advanced Materials, or BP-ICAM. This centre will lead research aimed at advancing the fundamental understanding and use of materials across a variety of industrial applications. The BP-ICAM ...

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BP Board Appointment

13-Dec-2011

The board of BP p.l.c. announced that Andrew Shilston will join the Board as a non-executive director with effect from 1st January 2012. Andrew Shilston is currently chief financial officer at Rolls-Royce Holdings plc. Carl-Henric Svanberg, chairman of BP, said: “We continue to strengthen the ...

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ABB signs $33 million maintenance and service frame agreement with BP Norway

03-Nov-2011

ABB signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in the third quarter includes the option to extend ...

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BP and JBF Group Agree to Build New Co-located PET Facility in Geel, Belgium

09-Aug-2011

BP has entered into agreements with JBF RAK LLC under which JBF RAK LLC is to build a new 390,000 tonne per year polyethylene terephthalate (PET) production unit in Geel, Belgium, subject to required approvals. The agreements provide JBF rights to build and operate this PET unit on BP’s existing ...

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hte helps BP accelerate commercialisation of Fischer-Tropsch process

10-Jun-2011

hte extends its collaboration with BP International Ltd. in the field of Fischer-Tropsch synthesis. The BP Conversion Technology Centre is continuing to work with hte in the field of Fischer-Tropsch catalysis and process. The Fischer-Tropsch process is used to convert syngas into synthetic fuels ...

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