Petrochemicals
Technip awarded contract for modernization of SOCAR Azerikimya petrochemical complex
SOCAR has awarded Technip a contract for engineering, procurement and construction (EPC) services for the SOCAR Azerikimya plant, located in the city of Sumgait, Azerbaijan.
MOL to focus on refining efficiency, petrochemical diversification
The MOL Group will continue to focus on improving the efficiency of its refining business and expand its petrochemicals business to take advantage of growing demand.
Saudi Aramco acquires Novomer’s polyol business and associated technologies
Saudi Aramco has acquired the Converge product line and associated operations and technologies from US-based Novomer Inc.
OGCI announces $1-B investment to accelerate development of low emissions technologies
OGCI Climate Investments will aim to deploy successfully-developed new technologies among member companies and beyond.
EU regulators halt review of Dow, DuPont deal, await data
EU antitrust regulators have halted their scrutiny of the $130-B merger of Dow Chemical and DuPont after the companies failed to provide crucial data.
ExxonMobil introduces low viscosity Vistamaxx polymers to improve processing
ExxonMobil is introducing low viscosity Vistamaxx performance polymers that can be used to maintain or improve cycle times of injection molded or extruded applications.
INEOS O&P USA implements vertical integration strategy through WL Plastics acquisition
INEOS O&P USA has acquired 100% of the shares of WLP Holding Corp., one of the largest high density polyethylene pipe manufacturers in North America.
Enerfab to provide heat transfer equipment services
Enerfab is expanding its overall service offering to include heat transfer equipment services formerly provided by American Power Services.
Grace to provide UNIPOL PP process technology and services at Braskem La Porte, TX facility
W. R. Grace & Co. will provide its UNIPOL PP process technology and services to Braskem America’s newest planned facility in La Porte, TX, which could begin operations in early 2019.
AspenTech Acquires Mtell
Aspen Technology, Inc. has acquired Mtelligence Corp., a San Diego, California-based pioneer in the field of predictive and prescriptive maintenance for asset performance optimization.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
