Polymers
Borouge selects Neste Jacobs as FEED contractor on Ruwais PE upgrade
This project is the third FEED project in a row which Neste Jacobs is delivering to Borouge in the UAE under the long-term service contract that was previously signed between the two companies.
LyondellBasell sells Argentine polypropylene unit Petroken to YPF-led group
Petroken operates a 180,000 tpy polypropylene (PP) plant in Ensenada and is a leading polypropylene producer in Argentina. It is being sold to a local consortium headed by YPF.
LyondellBasell to buy polypropylene compounder SJS Plastiblends in India
This strategic acquisition will expand LyondellBasell's existing footprint in India and further enhance the company's position in India's growing automotive market, according to company officials.
Hybrid polymer coating protects flanges in two steps
In June 2014, the plant maintenance manager of a chemical plant in southern Louisiana contacted an industrial services company for an alternative flange corrosion protection solution.The plant had a 5..
CB&I licenses styrene, ethylbenzene technology for Egypt plant expansion
The units will be a part of the Tahrir Petrochemicals complex expansion and will use CB&I's ethylbenzene (EB) and styrene (SM) technologies to produce 400,000 tpy of styrene monomer.
US posts increase in monthly resins production
US production of major plastic resins totaled 6.8 billion pounds during May 2015, an increase of 4.7% compared to the same month in 2014, according to American Chemistry Council (ACC) statistics.
SK Global Chemical, SABIC form new Asian JV for polyethylene products
Under the JV, SABIC will buy the Nexlene solution technology and a 230,000-tpy plant that manufactures a range of high-performance ethylene and alpha-olefin co-polymers in Olsan, South Korea.
Toyo, IKPT to build new Indonesia rubber project
TOYO entered into an offshore supply contract and IKPT entered into the detailed engineering, procurement and construction contract. The target for completion is in 2018.
HP Petrochemicals: Higher international sales boost 2015 earnings above forecast for many chemical leaders
Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
BASF to sell 25% stake of SolVin PVC venture in Germany to Solvay
The transaction will take place effective July 1, 2015. SolVin was first established in 1999 as a 75-25 joint venture between Solvay and BASF in the area of polyvinyl chloride (PVC).
- 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
