Polymers
Indorama buys new Polyplex PET plant in Turkey
Following the acquisition of the 130,000-tpy Artenius Turkpet plant (now renamed Indorama Ventures Adana PET) in the second quarter of 2014, the company will have a combined capacity of 382,000 tons, making IVL the top domestic PET producer in Turkey and the Southeast Europe region.
Shale gas drives new opportunities for US downstream
This shift to lighter feeds for the SC will reduce the future availability of other petrochemical feedstocks—in particular, propylene.
Fine-tune monitoring of critical compressors
In this case history, a new monitoring system was installed on a critical service hyper compressor for a Middle East (ME) ethylene complex. This unit supported two 400 Mton polyethylene (PE) units; do..
HP Editorial Comment: Alternative energy?
Alternative energy is a point-of-reference term. Natural gas is an alternative energy resource for transportation fuels. As more natural gas resources are developed, natural gas is displacing coal as ..
HP Global: State of the US petrochemical/chemical industry
After a promising start, the global economy faltered in 2014 with heightened geopolitical uncertainty; recessions in Brazil, Japan and many European nations; and slowdowns in China, the Euro Area and ..
HP Petrochemicals: Global PE demand growth to drive downstream expansions
According to IHS Chemical, global demand for polyethylene (PE) is expected to increase by more than 25% during the next five years, from approximately 85 million metric tons (metric MMt) in 2014, to m..
HP Industry Metrics
Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..
INEOS licenses polypropylene process technology for new China project
The 300,000 tpy Innovene PP plant in Changzhou will produce a wide range of polypropylene products to serve the growing market in China.
Mexico’s major grassroots effort: Ethylene XXI project
The federal government, through Pemex Gas and Petroquímica Básica, using the law that regulates Mexican oil, decided to promote private investment to build a new major petrochemical complex called Ethylene XXI.
HP Industry Metrics
Oil prices continued their downward plunge throughout October and into early November. The decline is due to bearish market fundamentals accompanied by a strong US dollar. Saudi Arabia is not expected..
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
