Petrochemicals
INVISTA licenses PTA technology for new Chinese petrochemicals project
INVISTA’s latest PTA technology is available as a license package from INVISTA Performance Technologies. Jiaxing Petrochemical’s first PTA line, in operation since 2012, also utilizes INVISTA’s technology.
UOP licenses novel aromatics technology to new Chinese project
The new chemicals facility will be the first in China to use UOP's energy-efficient aromatics complex design to convert heavy naphtha into 800,000 tpy of high-purity paraxylene.
Eni’s Versalis to commercialize styrene-butadiene from India’s Reliance
The SBR sales agreement follows the license agreement that the two partners entered into in 2011 when Versalis seized upon Reliance's plan to expand its activities in the market of synthetic rubber by offering a technology license and know-how for the construction of a new unit.
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.
- 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
