Polymers
Fairfax India to invest $300MM in petrochemicals producer Sanmar
Chennai-based Sanmar, a family-owned firm chaired by N Sankar, is one of India's largest producers of polyvinyl chloride (PVC). The firm owns manufacturing facilities in India and Egypt.
LyondellBasell acquires Indian polypropylene compounding assets
LyondellBasell entered into a definitive agreement to acquire Zylog's polypropylene (PP) compounding assets in November 2015, and the deal was formally completed on Thursday.
Strategic assessment of the Iranian petrochemical industry
The recent agreement between Iran and the international community represents clear opportunities and challenges for petrochemical producers.
Central American nations beef up import infrastructure, fuel production amid demand shift
   Methanex’s methanol facility in Trinidad.
Honeywell, M. Holland expand nylon partnership
Under this partnership, M. Holland and Honeywell will be expanding their nylon distribution to include flexible packaging applications. M. Holland and Honeywell have been partners in distributing nylon for the past several years, primarily in the compounding markets.
BASF awards EPCM work to Fluor for revamp of Texas chemicals plant
Fluor previously completed FEED for the project under its North America partnership agreement with BASF and is executing the EPCM under the recent global engineering services agreement.
Asahi Kasei opens Mexico plastic compounds site
Continued demand growth for plastic compounds is forecast in Mexico, where various manufacturing facilities are increasingly located, especially by US, European, and Japanese manufacturers.
Lanxess, Saudi Aramco to launch rubber venture ARLANXEO this April
LANXESS and Saudi Aramco signed an agreement to create a 50:50 joint venture for the development, production, marketing, sale and distribution of synthetic rubber.
SOCAR awards work to Tecnimont for Azerbaijan polyethylene project
The project’s scope of work envisages the provision of complete engineering services, equipment and material supply, construction activities up to start up and guarantee test run.
LyondellBasell sells Argentine PP group Petroken
Petroken operates a 180,000-tpy plant in Ensenada and is a leading polypropylene (PP) producer in Argentina. The sale price is estimated at $184 million.
- More than 100 employees leave U.S. EIA, putting crucial energy data at risk 4/17
- Russia ramps up oil products supplies to Indonesia 4/17
- India eyes ending import tax on U.S. ethane and LPG in trade talks 4/17
- Russia's diesel output to rise in May despite seasonal maintenance 4/17
- Valero books $1.1-B impairment, may idle California refinery 4/17
- Czechs hail end of Russian oil dependence with first increased deliveries from west 4/17
