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Petrochemicals

OMV to invest $116.7 MM in petchem units at Schwechat refinery

VIENNA (Reuters) -- Austrian oil and gas group OMV will pay $116.7 MM for a planned turnaround at the petrochemical units of its Schwechat refinery which will start in the middle of this month, it said on Tuesday.

PKN ORLEN to supply 100 Mtpy of propylene to Basell Orlen Polyolefins

PKN ORLEN will supply up to 100,000 t of propylene annually to Basell Orlen Polyolefins. The contract covers the production volume of the Metathesis Unit, currently constructed in Płock and scheduled for commissioning in the second half of 2018.

Air Liquide signs long-term contract with Oman petroleum group

Air Liquide and Oman Oil Refineries and Petroleum Industries Company (Orpic), Oman’s national refining company, recently signed a long-term agreement for the supply of nitrogen to the Liwa Plastics Industries Complex (LPIC), a new plastics production complex including the country’s first steam cracker Orpic is adding to its existing production facilities, in Sohar industrial port area in Oman.

CB&I awarded multiple petchem technology contracts in china

THE WOODLANDS, Texas -- CB&I announced it has been awarded multiple technology contracts by Tianjin Bohua Chemical Development Co. Ltd. for a grassroots petrochemicals plant to be built in Tianjin, China.

Shell makes progress on site work for Pennsylvania petchem complex

HOUSTON – Shell Chemical Appalachia LLC has made progress on site preparations for its new major petrochemicals complex in Pennsylvania, USA. The early works program is in preparation for the start of main site construction in late 2017, with commercial production beginning early next decade.

Alpek to acquire PetroquímicaSuape, Citepe from Petrobras

MONTERREY, Mexico – Alpek, S.A.B. de C.V. announced that it obtained all necessary corporate approvals to acquire 100% of PetroquímicaSuape and Citepe from Petrobras for $385 MM. This amount is payable on the closing date for the two companies on a debt-free basis, and is subject to adjustments in working capital, among others.

ExxonMobil in talks to buy Singapore's Jurong Aromatics

SINGAPORE (Reuters) -- ExxonMobil said on Wednesday it is in talks to buy a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia.

ChemChina, IPP team to supply turn-key chlor-alkali plants

PRINCETON JUNCTION, New Jersey and BEIJING -- International Process Plants (IPP) and ChemChina's Bluestar (Beijing) Chemical Machinery Company, Ltd. (BCMC) announce a partnership for IPP to provide new chlorine alkali plants designed and built by BCMC to industries around the world.

CB&I to provide up to 30 technologies to refining, petchem complex in China

THE WOODLANDS, Texas -- CB&I announced it has signed a strategic alliance with Jinzhou Port Co., Ltd. (Jingang) to become the master licensor for an integrated refining and petrochemicals project in Jinzhou City, China.

Fluor completes construction of Dow Chemical’s ethylene production facility

IRVING, Texas – Fluor Corporation announced that it has safely finished the mechanical construction of The Dow Chemical Company’s new ethylene production facility in Freeport, Texas on schedule.