Petrochemicals
India's Reliance to boost profit, naphtha exports by using ethane
MUMBAI/SINGAPORE (Reuters) — India's Reliance Industries Ltd expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive said on Wednesday.
MOGAS to supply isolation valves from Hengli petchem complex
HOUSTON — MOGAS Industries, Inc. recently received contracts to supply severe service isolation valves to Hengli Petrochemical (Dalian) Refinery Co., Ltd for a new heavy oils construction project on ChangXing Island in Dalian City Liaoning, China.
PTT explores possibility of propylene oxide, polyether polyols complex in Thailand
BANGKOK, Thailand — PTT Global Chemical (PTTGC) signed two head of agreements (HoAs), to jointly perform engineering study for potential development of Propylene Oxide (PO) 200 KTA with Toyota Tsusho Corporation (TTC) and to jointly perform engineering study for potential development of Polyether Polyols (Polyols) 130 KTA with Toyota Tsusho Corporation (TTC) and Sanyo Chemical Industries, Ltd. (SCI).
Repsol invests 5 MM Euros in Puertollano lubricants plant
Repsol will invest 5 MM euros in its Puertollano lubricants plant as part of the company’s objective to increase sales in both domestic and international markets. Production will be increased until maximum capacity is reached.
Fire breaks out at Petrochina chemical plant in Dalian
BEIJING (Reuters) — A fire broke out on Thursday at state oil major PetroChina's plant in northeastern China, one of the country's largest refineries, state media reported, the latest industrial incident to rock the port city of Dalian.
PEMEX Fertilizantes selects Jacobs for ammonia rehabilitation project
DALLAS — Jacobs Engineering Group Inc. has been awarded a contract from PEMEX Fertilizantes to deliver project management contract (PMC) services for the Ammonia IV Rehabilitation Project in the Cosoleacaque Petrochemical Complex in Veracruz, Mexico.
Shell completes $820 MM SADAF chemicals sale to SABIC
Shell has completed the sale of its 50% share in SADAF, the petrochemicals JV, located in Al Jubail, in the Kingdom of Saudi Arabia to SABIC for $820 MM. This sale was announced on Jan. 22. Completion follows anti-trust filings in the relevant countries and regulatory approval from the Kingdom of Saudi Arabia.
Saudi's Sadara commissions last plant of its Saudi petchem complex
KHOBAR, Saudi Arabia (Reuters) — Saudi-based Sadara Chemical Co, a $20 B JV between Saudi Aramco and US firm Dow Chemical has commissioned the last plant at its petrochemicals complex in Jubail, Saudi Aramco said on Monday.
India's refiners bet big on petrochemicals as industry reshapes
NEW DELHI (Reuters) — India's state oil refiners—long focused on churning out transport and cooking fuels—are planning a $35 B push into petrochemicals to meet an expected surge in demand for goods ranging from plastics to paints and adhesives.
Amec Foster Wheeler JV enters Australian petchem market with ammonia facilities contract
LONDON — Clough AMEC has won a landmark contract to provide maintenance services to ammonia facilities in Western Australia that supply international and domestic fertilizer markets and explosives used in the mining industry.
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