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Sasol exits Iran with sale of polymers business

Sasol had been pressured by international advocacy groups to sell its stake in the Iran business. The Arya Sasol complex has a 1 million tpy ethane cracker, a 300,000 tpy low-density polyethylene (LDPE) plant and a 300,000 tpy medium-density/high-density polyethylene (MD/HDPE) unit.

HP Boxscore Construction Analysis: Outlook for major revamp projects—Part 2

Hydrocarbon Processing Staff: Nichols, Lee

Worldwide, refiners are investing billions in upgrading and modernizing projects. These efforts are focused on:Increasing flexibility to process heavier, sourer crudesImproving energy efficiencyMeetin..

HP Industry Perspectives: US oil and gas executives energized for the year ahead

Hydrocarbon Processing Staff: Romanow, Stephany

A recent survey of US executives by the KPMG Global Energy Institute supports growing optimism in the domestic energy and manufacturing industries. Much of the renewed enthusiasm is strongly linked to..

INEOS picks KBR for FEED work on major US Gulf polyethylene proposal

The new INEOS facility for high-density polyethylene is expected to be located in the US Gulf coast area. KBR’s scope of work includes the FEED for the inside and outside battery limit facilities, development of an appropriation grade cost estimate, and order of long lead equipment for the project.

Sasol, INEOS to develop new US plant for high-density polyethylene

The envisaged plant will produce 470,000 tpy of bimodal HDPE using Innovene S process technology licensed from INEOS Technologies. The final investment decision from the two companies is expected to be made in the first half of 2014, with start-up of the plant expected at the end of 2015.

US House subcommittee to closely scrutinize law on toxic substances

"I believe evaluating TSCA sections 5 (new chemicals) and 14 (disclosure of data) is fundamental to judging progress in new technologies and manufacturing frontiers in our country," said Subcommittee vice chairman Phil Gingrey in a recent hearing on the matter.

HP Impact: US targets Iran’s petrochemical industry

Hydrocarbon Processing Staff: Thinnes, Billy

The US Treasury Department, acting in concert with the US Department of State, recently took action to target Iran’s petrochemical industry (Fig. 2). As Iran’s oil revenues continue to fall ..

DAK Americas to permanently close PTA, PET resin plants in North Carolina

The site was built in the late 1960s and acquired by DAK Americas in 2001. Approximately, 350 full service employees and 250 contract workers are employed on-site to produce PTA, PET resins and polyester staple fibers. The closure of the site is expected to be completed by September 2013.

Mitsui wins FEED work for Sasol Louisiana PE plant

The project is part of Sasol’s planned world-scale ethane cracker and derivatives complex to be built in Lake Charles, Louisiana. The plant's low-density polyethylene (LDPE) capacity will be 420,000 tpy.

Valspar to buy Italian industrial coatings firm Inver

Inver Group is headquartered in Bologna, Italy, and generated sales in 2012 of approximately €160 million ($200 million). Founded in 1934, the European company specializes in liquid and powder coatings products as well as resins that are used in a variety of industrial applications .