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Petrochemicals

BASF, Petronas to build new world-scale plant for polyisobutene in Malaysia

The plant, which will be the first of its kind in Southeast Asia, will have a total annual capacity of 50,000 tons of HR-PIB. It is expected to start production in the fourth quarter of 2017.

US chemical activity shows summer recovery

There were gains in the output of pesticides, synthetic rubber, chlor-alkali, plastic resins, and pharmaceuticals. These gains were offset, however, by declines in the production of organic chemicals, adhesives, acids, phosphates, sulfates, manufactured fibers, other specialties, and fertilizers.

INEOS starts building Europe's largest ethane tank to import US feedstocks

The investment in the Grangemouth tank and infrastructure is part of the company’s £450 million rescue package to equip the site to import ethane gas from the US.

Dow, Olin earn IRS nod for $5B chlor-alkali merger

Dow will separate its US Gulf Coast chlor-alkali and vinyl, global chlorinated organics and global epoxy businesses, and then merge these businesses with Olin in a Reverse Morris Trust transaction.

Univar acquires US-based Chemical Associates

Chemical Associates markets, manufactures and distributes oleochemicals like tall oil fatty acids, oleic acids, stearic acids, fractionated acids, fatty alcohols, polyunsaturated fatty acids, coconut fatty acids, castor derivatives, methyl esters, calcium stearate, metallic stearates, and glycerine.

Oiltanking acquires Vopak terminals in Finland for chemicals, oil products

Finland is one of the main transit hubs for the export and import of chemical and petroleum products in relation to Russia and the other FSU countries.

UOP licenses methanol-to-olefins process in China

This award is Honeywell UOP’s fifth licensing win for its MTO process and comes after the successful start up of its first commercial-scale MTO facility for China’s Wison Clean Energy in September 2013.

Chevron Phillips Chemical unveils changes to senior management roles

Mark Lashier, currently executive vice president of olefins and polyolefins, will become executive vice president for the company's commercial business. In his new role, Lashier will serve as the lead commercial executive for all product lines in Chevron Phillips Chemical’s portfolio.

Vertellus doubles alkane capacity at Michigan site

North America’s competitive feedstock costs resulting from low gas prices are helping drive Vertellus’ alkane production efficiency. The company initiated the Zeeland upgrades in 2014.

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.