Petrochemicals
Amec Foster Wheeler chosen as engineer for YCI’s Louisiana methanol project
Under the contract, the value of which has not been disclosed, Amec Foster Wheeler will be providing engineering, project management, procurement and early construction services. The intention is to extend this into a full scope EPC contract during 2016 on mutually agreed terms.
BP plans layoffs at Texas City petrochemical plant
A BP spokesman said the Texas City complex is shutting a paraxylene (PX) unit that has been idle for over a year due to market conditions and to make better use of resources.
Olin shareholders approve $5B chlor-alkali, vinyls merger with Dow Chemical
Olin said on Tuesday that its shareholders overwhelmingly approved the necessary stock measures to complete the pending merger with Dow Chemical's US chlor-alkali and vinyl, global chlorinated organics and global epoxy businesses. The deal should be complete in October.
Germany boosts chemical sales as US buys more
Total German chemical industry sales went up because of foreign business. In particular, trading with overseas customers developed positively, led by vigorous growth in sales to the US.
Unipetrol picks Technip for engineering on new Czech polyethylene plant
Based on INEOS technology, the new unit will have a capacity of 270.000 tpy of high-density polyethylene (HDPE). The contract is worth between €100 to €250 million, according to Technip officials.
Accident at Eni’s ethylene plant in Sicily kills two
The two workers, employed by a third-party contractor, had been carrying out inspection work at the Versalis ethylene plant in Priolo. Eni says an investigation is still ongoing.
Petrobras to supply naphtha feedstock to Braskem
Npahtha is the main raw material for most of Braskem's chemical and plastic products. However, the contract has come under intense scrutiny in recent weeks after allegations of bribery surfaced.
Formosa eyes $9.4-billion chemicals project for Louisiana ethane cracking
The proposed project would be built on the west bank of the Mississippi river near the Gramercy bridge. It would be built in two phases, with the first phase including an ethylene cracker and derivatives plants, including high-density polyethylene, low-density polyethylene, ethylene glycol, and polypropylene.
PTT awards FEED work to Fluor, Technip, SK for Ohio ethane cracker
The project will encompass an ethane cracker and derivatives units by leveraging the availability of feedstock from gas taken from the Utica and Marcellus shale formations to create chemical products.
Celanese opens Mexico chemical technology hub
The new center will support the automotive, consumer, petrochemical and aerospace industries, as well as original equipment manufacturers and their tier suppliers.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
