Petrochemicals
INEOS licenses technology to NKNH for new Russia polyethylene projects
The 300,000 tpy Innovene G and 300,000 tpy Innovene S polyethylene plants will be part of a larger expansion at the complex, according to NYNH officials. The planned commissioning is in 2015 or 2016.
PPG licenses TiO2 production technology to China group Henan Billions
Henan Billions is currently a supplier of sulfate-grade TiO2 to PPG. In June 2012, both companies announced a memorandum of understanding regarding PPG’s licensing of certain chloride-based technologies to Henan Billions for use at Henan Billions’ titanium dioxide refinement facilities in China.
BASF North American CEO predicts weak global demand for 2013
The CEO said that low US natural gas prices were, on margin, a reason to consider more investment in chemical manufacture. The possibility of exporting lower-cost chemicals to foreign markets was less feasible because there was insufficient infrastructure to transport chemicals for shipping.
Reliance taps Jacobs to build West India MEG plant
Jacobs was awarded the engineering and procurement assistance services contract for the construction of a mono ethylene glycol (MEG) plant in Gujarat on India's west coast. The new MEG plant is part of Reliance's massive expansion project for its refining and petrochemical facilities.
US ethylene costs fall to lowest level since August
US ethylene prices ended November at 50.375 cents/lb, down from 54.5 cents/lb at the end of October and close to the previous low on August 9 of 50.125 cents/lb. Ethane and propane, two of the raw materials used to make ethylene, also saw price decreases in November.
Innospec withdraws bid for petrochemical firm TPC
Innospec said it spent a great deal of time and effort studying the business of US-based TPC and, while still believing that it is a good fit with Innospec, parties were unable to conclude a deal structure in a manner with satisfactory value creation for Innospec shareholders.
Sasol advances to FEED stage on huge Louisiana GTL plant, ethane cracker
Sasol is beginning engineering and design work for what would be the first US refinery to convert natural gas into diesel. The facilities would be built in Westlake, Louisiana. Sasol said it will make a final investment decision on the plant in 2014, after the engineering and design review is finished.
Pertamina inks petrochemical partnership with SK
Indonesia-based Pertamina didn't specify the financial value or a timeframe for the upcoming project, but said in its statement that domestic petrochemical production can't keep up with over $5 billion worth of annual demand, making related industries heavily dependent on imports.
Consider 'lean' engineering model to fast-track mega projects
Lean construction can raise competitiveness for an EPC business, thereby increasing its profitability and improving its delivery success rate and brand image.
Improve integration opportunities for aromatics units—Part 2
Click here to read Improve integration opportunities for aromatics units—Part 1Reformed petroleum naphtha (reformate) is the largest source for aromatics. Integrating refineries and petroche..
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
