Petrochemicals
India’s JBF secures paraxylene supply from ONGC
JBF Petrochemicals is in the process of commissioning a PTA plant with 1.25 MMtpy of capacity, using technology from BP, at Mangalore. The paraxylene will be supplied by OMPL.
Dow Chemical invests in OxyMem’s wastewater treatment technology
The investment will accelerate the commercialization of OxyMem’s promising wastewater treatment technology -- the Membrane Aerated Biofilm Reactor (MABR).
Total sees gas, petrochemicals as priority in Iran
"Gas is our priority for us there, and petrochemicals," Total's CEO Patrick Pouyanné told reporters at an international liquefied natural gas conference.
Union: Kuwait’s oil, gas worker strike remains on course for Sunday
"There are no negotiations between the unions and the government over the strike," Farhan al-Ajmi, head of the Petrochemicals Industries Co. workers union, told Reuters.
G2X secures $680MM in funding for Natgasoline methanol unit in Texas
The injection of $680 million into the project, combined with OCI's existing equity of $520 million and shareholder loans of $511 million, will complete the entire funding requirements for the project.
Air Liquide to supply gases for petrochemical unit of China’s Sinopec
Expected to start operations in the second quarter of 2017, the new ASU will supply industrial gases including oxygen and nitrogen to the customer's new ethylene oxide plant as well as to its existing one.
Global chemicals output shows monthly growth
During February, chemical production rose in North America, Western Europe, and Asia-Pacific; was flat in Africa & the Middle East; and fell in Latin America and Central and Eastern Europe.
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.
Iran eyes $55 billion in petrochemical investment
"Iran needs $55 billion for 60 projects in the petrochemicals sector over a period of 10 years," Deputy Oil Minister Marzieh Shahdaei said at a conference this week.
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