Petrochemicals
Trump's proposal to scrap chemical safety board draws criticism
(Reuters) -- President Donald Trump's proposal to do away with the federal agency that investigates chemical accidents drew sharp criticism from environmental, labor and safety advocates, who said that eliminating the watchdog would put American lives at risk.
Honeywell UOP scientists recognized for methanol-to-olefins technology
DES PLAINES, Ill. – Honeywell UOP announced that the American Institute of Chemical Engineers’ Fuels and Petrochemical Division has recognized four of its scientists with the 2016 Industrial Research & Development Award for the development and commercialization of the UOP Advanced Methanol-to-Olefins process.
Pöyry awarded engineering contract for Synthomer dispersion plant
Synthomer Deutschland GmbH has awarded Pöyry with the detail engineering services assignment for the revamp of its dispersion plant in Worms, Germany. The assignment includes detail engineering services for all disciplines as well as Health, Safety and Environment management, permitting engineering, cost control and project scheduling. Project is expected to be completed in the Q3 2018.
BASF to invest in new plastic additives plant in Shanghai, China
HONG KONG – BASF is investing more than €200 million globally to increase its production network for plastic additives. An important step is an investment to build a new plastic additives plant at its Caojing site in Shanghai, China. This world-scale plant, with an annual capacity of 42,000 t, will produce antioxidants and associated forms and blends. It is expected to be completed in 2019, with commercial production to start by early 2020.
Neste Jacobs, Coolbrook to develop new olefin cracking technology
Neste Jacobs, a technology, engineering and project management company and Coolbrook, a technology development company, are developing a new technology innovation in collaboration with University of Oxford's Osney Thermo Fluids laboratory, University of Cambridge's Whittle laboratory, and major chemical producers such as Dow Chemical as well as equipment manufacturers including MANTurbo. This innovation is based on hydrocarbon (e.g. Naphtha) cracking method, where ethylene, the core raw material for polyethylene is produced.
Korea's Hyundai Engineering $3.2-B Iran petchem deal awaiting funding
DUBAI (Reuters) -- An Iranian investment fund signed a deal with Korea's Hyundai Engineering Co. on Sunday for a $3.2 billion petrochemical project, which is awaiting financing by Korean banks, the oil ministry's website SHANA said.
Evonik breaks ground on stretching, polishing plant for large-format aircraft materials
WEITERSTADT, Germany -- Evonik marked the start of construction of a new stretching and polishing plant at the Weiterstadt site with a groundbreaking ceremony on March 2. The Essen-based Group is investing a two-digit million euro amount in the plant.
Akzo Nobel rejects $22-B PPG bid, looks to spin off chemicals
AMSTERDAM (Reuters) -- Dutch paints and coatings maker Akzo Nobel NV rejected a $22 billion bid from larger US rival PPG Industries Inc on Thursday, saying instead it wanted to "unlock value" by spinning off its chemicals business.
Amec awarded Al-Zour, Kuwait petchem contract
Amec Foster Wheeler announced the award of a contract by Petrochemical Industries Company K.S.C., a subsidiary of the Kuwait Petroleum Company, for the integration project between its Olefins III, Aromatics II and ZOR Refinery in the State of Kuwait. The contract covers Front-End Engineering Design (FEED) leading to Project Management Consultancy (PMC) for the project.
Sinopec to boost fine chemicals investment at Maoming refining hub
BEIJING (Reuters) -- Sinopec Corp plans to boost investment in fine chemicals at its Maoming-Zhanjiang refining base in southern China alongside partners like Germany's BASF, a senior executive said in an interview on Thursday.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
