Petrochemicals
HP Construction: Europe
Jacobs Engineering Group Inc. has a contract from Afipsky Refinery, located in the Krasnodarskij Region of Russia, to develop a basic-engineering package for an amine regenerator unit, a sour-water st..
HP Construction: Middle East
The Linde Group and Sadara Chemical Co. have signed a long-term contract that will see Linde supply Sadara with carbon monoxide (CO), hydrogen (H2) and ammonia (NH3) at a chemical complex now being bu..
HP Construction: Asia Pacific
Fluor Corp. has a contract award from PETRONAS Gas Berhad, a subsidiary of PETRONAS, to provide front-end engineering design (FEED) services for a new liquefied natural gas (LNG) regasification termin..
ExxonMobil mulls major petrochemicals expansion at Baytown complex
The project would involve building a new ethane cracker and other facilities to ExxonMobil's huge refining and petrochemical complex in Baytown, Texas, and would enable the company to "capitalize on abundant supplies of American natural gas." Start-up would be scheduled for 2016.
Eni rebrands Italy chemicals unit as Versalis, plans €1.6bn of investments
Eni has rebranded its Italy-based chemicals division as Versalis while setting forth a €1.6bn investment plan through 2015. The prior name was Polimeri Europa. The new figure is 60% more than the older plan.
HB Fuller to close five adhesives plants in Europe
HB Fuller will close five manufacturing facilities in Europe and cut about 100 jobs in sales, finance, customer service and research and development (R&D). The facilities scheduled for closure are: Chatteris, UK; Pirmasens, Germany; Vigo, Spain; Borgolavezzaro, Italy; and Wels, Austria.
Formosa shuts top Taiwan naphtha cracker amid weak downstream margins
Taiwan's Formosa Petrochemical, Asia's top naphtha buyer, has shut the biggest of its three naphtha crackers in Mailiao due to low petrochemical margins, a company spokesman said on Thursday.
WR Grace buys Noblestar catalysts unit in China
W. R. Grace & Co. has signed an agreement to acquire the assets of Noblestar Catalysts, a China-based manufacturer of fluid catalytic cracking (FCC) catalysts. The deal has been approved by the boards of directors of both companies, but is subject to the satisfaction of other closing conditions.
Momentive hikes global urethane additives capacity
Momentive Performance Materials said it recently completed a series of capacity expansions on urethane additives in China, India, Brazil and Belgium. In China, the company said it completed an expansion that enables increased urethane additive finished goods capacity at its Nantong plant facility.
T. Boone Pickens finds flaws in US energy plans of Obama, Romney
The energy titan didn't endorse either presidential candidate, saying Obama's "all of the above" energy plan needed to be more specific and Romney's plan is "not total".
- Mideast conflict turbocharges diesel prices, squeezing Europe 6/23
- Pertamina is looking to import > 200,000/month of 90-octane gasoline 6/23
- Japan will mitigate potential gasoline price spike, prime minister says 6/23
- Linde to invest $400 MM to build the world-scale air separation unit 6/23
- OEG signs major partnership agreement in Qatar 6/23
- U.S. Supreme Court lets fuel producers challenge California emissions standards 6/23
