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Petrochemicals

Uganda says it is in talks to import all its oil via Tanzania

Uganda is negotiating with Tanzania to import all of its oil products through Dar es Salaam, which would mean an end to imports via Kenya's Mombasa port.

Shell quits Iraqi petrochemicals plant talks

Oil major Shell has withdrawn from talks on building a petrochemicals plant in the southern oil hub of Basra.

Red Sea, Russian refinery attacks tighten Asia naphtha supplies

Prices of naphtha, a key petrochemical feedstock, have jumped in Asia as drone attacks on Russian refineries and the Red Sea shipping crisis have disrupted European shipment.

Grace licenses second UNIPOL polypropylene process technology reactor to China Coal Shaanxi Energy & Chemical Group Co., Ltd.

W.R. Grace & Co. announced that China Coal Shaanxi Energy & Chemical Group Co., Ltd. has expanded its license for Grace’s UNIPOL PP process technology, doubling its polypropylene production capacity from 300 to 600 kpy.

ARCC signs contract with SGC Arabia for SEPC ethylene cracker plant expansion in Saudi Arabia

Al Rushid Construction Co. has officially signed a contract with South Korea-based company SGC Arabia to serve as the general contractor for the expansion of the ethylene cracker plant at the Saudi Ethylene and Polyethylene Company.

Shell discloses $14-B cost for petrochemical plant, more than double street estimates

Royal Dutch Shell revealed during its recent fourth-quarter earnings call that the construction costs of its petrochemical plant have surged by 130%, surpassing the original estimate.

BASF to divest shares in its two JVs in Korla, China

As part of BASF’s global strategy for 1,4-butanediol (BDO), BASF has assessed the market environment and product carbon footprints of BDO and its downstream products from different production sites worldwide.

ITT to provide highly engineered pump systems and aftermarket services

ITT Inc. announced the company has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies.

Shell agrees to develop Nigeria gas field for Dangote fertilizer

Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertilizer plant owned by Africa's richest man, Aliko Dangote.

LyondellBasell beats Q4 profit estimates as lower ethane costs benefit

LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.